Cheap Apartments for Rent in 40507

8 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 Jan 2025.
MonthAverage rent
Jun 2025$1,450
Jul 2025$1,263
Aug 2025$1,496
Sep 2025$1,468
Oct 2025$1,410
Nov 2025$1,451
Dec 2025$1,500
Jan 2026$1,300
Feb 2026$1,500
Mar 2026$1,395
Apr 2026$1,395
May 2026$1,295
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$1,250$1,500——$1,295
Apartments and Condos$1,150$1,500——$1,450

Frequently Asked Questions about Rentals in 40507

  • What is the average rent in 40507?
    The average rent in 40507 is $1,245. Rent prices range from $995 to as much as $1,900, depending on the type of rental.
  • How does the rent in 40507 compare to the national average?
    Average rent in 40507 is about 35% lower than the national average rent of $1,910. That means it is less expensive to rent in 40507 compared to the U.S. average.
  • What is the average rent in 40507, by number of bedrooms?
    The average rent in 40507 is $1,245 for a studio, $1,150 for a 1 bedroom, $1,900 for a 2 bedroom, $ for a 3 bedroom, and $ for a 4 bedroom.
  • How have rent prices in 40507 changed compared to last year?
    In the past year, the average rent price in 40507 has decreased by $105. That means the average rent is 8% lower than last year.
  • How many available rental listings are in 40507?
    There are 7 available rental listings 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.