Cheap Apartments for Rent in 40505
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1-2 Beds
1 BathPrime Hamburg Apartments | 1740-1760 Jennifer Rd #1744-C2,
Lexington, KY 40505
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SPECIAL OFFERPET FRIENDLYTotal price$1,065 - $1,255/mo1-2 Beds1 BathGatehouse Apartments | 1825 Liberty Rd #624,
Lexington, KY 40505
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Average Rent Trends in 40505
Rent in 40505 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jun 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,425 |
| Aug 2025 | $1,250 |
| Sep 2025 | $1,400 |
| Oct 2025 | $1,385 |
| Nov 2025 | $1,200 |
| Dec 2025 | $1,200 |
| Jan 2026 | $1,250 |
| Feb 2026 | $1,495 |
| Mar 2026 | $1,444 |
| Apr 2026 | $1,300 |
| May 2026 | $1,194 |
| Jun 2026 | $1,350 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $816 | $1,195 | $1,695 | $1,900 | $1,200 |
| Townhomes | — | $1,143 | — | — | $1,143 |
| Apartments and Condos | $800 | $1,000 | — | $2,120 | $950 |
| Houses | — | $1,500 | $1,700 | $1,900 | $1,700 |
Frequently Asked Questions about Rentals in 40505
- What is the average rent of an apartment in 40505?The average rent of an apartment in 40505 is $950 per month. This is about 51% lower than the national average.
- When is the average rent cheapest in 40505?In the last year, the average rent in 40505 was lowest in Apr 2025 when it was $985 per month.
- When is the average rent most expensive in 40505?In the last year, the average rent in 40505 was highest in Mar 2025 when it was $1,450 per month.
- How many available rental listings are in 40505?There are 50 available rental listings in 40505.
- What are some cities near 40505?Some nearby cities include: Lexington, Georgetown, Nicholasville, Midway, Versailles, Paris. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 40505 - 63 Rentas | Trulia