Apartments in 40507

7 rentals

Apartments For Rent Near 40507

We found 30 more apartments matching your filters just outside 40507

Average Rent Trends in 40507

Rent in 40507 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Mar 2025.
MonthAverage rent
Jun 2025$1,332
Jul 2025$1,348
Aug 2025$1,523
Sep 2025$1,363
Oct 2025$1,423
Nov 2025$1,373
Dec 2025$1,373
Jan 2026$1,273
Feb 2026$1,273
Mar 2026$1,320
Apr 2026$1,320
May 2026$1,270
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos.
1 bed2 beds3 beds4 bedsAll
All home types$1,150$1,900——$1,245
Townhomes—$1,750——$1,750
Apartments and Condos$1,800$1,800——$1,800

Frequently Asked Questions about Apartments and Condos for rent in 40507

  • What is the average rent of an apartment in 40507?
    The average rent of an apartment in 40507 is $1,532 per month. This is about 21% lower than the national average.
  • When is the average rent cheapest in 40507?
    In the last year, the average rent in 40507 was lowest in Feb 2025 when it was $1,285 per month.
  • When is the average rent most expensive in 40507?
    In the last year, the average rent in 40507 was highest in Mar 2025 when it was $1,710 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 40507?
    The average rent of a 1 bedroom apartment in 40507 is $1,753 per month. That is about $508 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 40507?
    There are 8 available apartments or condos to rent in 40507.
  • What are some cities near 40507?
    Some nearby cities include: Lexington, Nicholasville, Versailles, Midway, Georgetown, Wilmore. These cities may have more rental options to explore.