Apartments in 40509

36 rentals

Apartments For Rent Near 40509

We found 30 more apartments matching your filters just outside 40509

Average Rent Trends in 40509

Rent in 40509 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Jun 2025$1,455
Jul 2025$1,213
Aug 2025$1,432
Sep 2025$1,362
Oct 2025$1,290
Nov 2025$1,216
Dec 2025$1,329
Jan 2026$1,262
Feb 2026$1,328
Mar 2026$1,328
Apr 2026$1,342
May 2026$1,338
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,340$1,459$1,863$2,720$1,700
Townhomes—$1,400$1,500$1,705$1,500
Apartments and Condos$850$1,300$1,600—$1,300
Houses—$1,100$1,925$2,900$2,095

Frequently Asked Questions about Apartments and Condos for rent in 40509

  • What is the average rent of an apartment in 40509?
    The average rent of an apartment in 40509 is $1,348 per month. This is about 30% lower than the national average.
  • When is the average rent cheapest in 40509?
    In the last year, the average rent in 40509 was lowest in Jul 2025 when it was $1,213 per month.
  • When is the average rent most expensive in 40509?
    In the last year, the average rent in 40509 was highest in Jan 2025 when it was $1,938 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 40509?
    The average rent of a 1 bedroom apartment in 40509 is $1,106 per month. That is about $357 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 40509?
    There are 30 available apartments or condos to rent in 40509.
  • What are some cities near 40509?
    Some nearby cities include: Lexington, Winchester, Nicholasville, Paris, Richmond, North Middletown. These cities may have more rental options to explore.