Apartments in 40508
62 rentals
Use arrow keys to navigateINCOME RESTRICTED$1,033 - $1,377/mo
1-3 Beds
1-2 Baths330 Newtown Apartments | 330 Newtown Pike #2cfc662b0,
Lexington, KY 40508
Use arrow keys to navigatePET FRIENDLY$1,095 - $1,395/mo1-2 Beds1 Bath805 Press Avenue | 805 Press Ave #2B-1Ba-594Sqft,
Lexington, KY 40508
Use arrow keys to navigatePET FRIENDLY$1,095 - $2,095/mo1-2 Beds1-2 Baths330 Rose Street | 330 Rose St #2B-1Ba-760Sqft,
Lexington, KY 40508
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Average Rent Trends in 40508
Rent in 40508 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment stayed about the same in Jun 2026 compared to the previous month. Rent for apartments peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,115 |
| Aug 2025 | $1,098 |
| Sep 2025 | $1,231 |
| Oct 2025 | $1,737 |
| Nov 2025 | $1,522 |
| Dec 2025 | $1,318 |
| Jan 2026 | $1,049 |
| Feb 2026 | $1,059 |
| Mar 2026 | $984 |
| Apr 2026 | $1,038 |
| May 2026 | $1,275 |
| Jun 2026 | $1,282 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,033 | $1,450 | $1,800 | $2,800 | $1,450 |
| Townhomes | — | $2,300 | $2,100 | — | $2,100 |
| Apartments and Condos | $900 | $1,950 | $2,400 | $2,800 | $1,450 |
| Houses | $4,000 | $1,100 | $1,650 | $3,900 | $1,650 |
Frequently Asked Questions about Apartments and Condos for rent in 40508
- What is the average rent of an apartment in 40508?The average rent of an apartment in 40508 is $1,284 per month. This is about 34% lower than the national average.
- When is the average rent for an apartment cheapest in 40508?In the last year, the average rent in 40508 was lowest in Apr 2025 when it was $1,036 per month.
- When is the average rent for an apartment most expensive in 40508?In the last year, the average rent in 40508 was highest in Oct 2025 when it was $1,737 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40508?The average rent of a 1 bedroom apartment in 40508 is $999 per month. That is about $162 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in 40508?There are 69 available apartments or condos to rent in 40508.
- What are some cities near 40508?Some nearby cities include: Lexington, Nicholasville, Versailles, Midway, Georgetown, Wilmore. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en 40508 - 68 Apartamentos | Trulia