Cheap Apartments for Rent in 40509
93 rentals
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$958 - $1,539/mo
1-3 Beds
1-2 BathsThe Champion at Bluegrass Apartments | 300 Quinton Ct,
Lexington, KY 40509
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigateAPPLY INSTANTLYPET FRIENDLY
Use arrow keys to navigate
PET FRIENDLY$1,047 - $1,396/mo1-2 Beds1-2 BathsStoney Brooke Apartments | 175 N Mount Tabor Rd,
Lexington, KY 40509
APPLY INSTANTLY
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY$1,339 - $2,516/moStudio-3 Beds1-2 BathsSprings at Polo Club | 1840 Little Herb Way,
Lexington, KY 40509
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,430 - $2,163/mo1-3 Beds1-2 BathsWaterstone at Hamburg Apartments | 2785 Polo Club Blvd,
Lexington, KY 40509
APPLY INSTANTLY
PET FRIENDLY$1,492 - $2,360/mo1-3 Beds1-2 BathsThe Retreat at Hamburg Place Apartments | 2365 Sir Barton Way,
Lexington, KY 40509
PET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
Save Search in 40509
40509Get emails when new homes match this search
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 Aug 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,731 |
| Oct 2025 | $1,795 |
| Nov 2025 | $1,775 |
| Dec 2025 | $1,849 |
| Jan 2026 | $1,780 |
| Feb 2026 | $1,834 |
| Mar 2026 | $1,795 |
| Apr 2026 | $1,825 |
| May 2026 | $1,700 |
| Jun 2026 | $1,693 |
| Jul 2026 | $1,750 |
| Aug 2026 | $1,747 |
Average Rent By Bedroom and Home Type
In August 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 | $1,382 | $1,450 | $1,950 | $2,650 | $1,806 |
| Townhomes | — | $1,350 | $1,595 | — | $1,450 |
| Apartments and Condos | $1,183 | $1,350 | — | — | $1,350 |
| Houses | — | $1,325 | $1,950 | $2,650 | $2,400 |
Frequently Asked Questions about Rentals in 40509
- What is the average rent of an apartment in 40509?The average rent of an apartment in 40509 is $1,288 per month. This is about 34% 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 Apr 2025 when it was $1,689 per month.
- When is the average rent most expensive in 40509?In the last year, the average rent in 40509 was highest in Aug 2025 when it was $1,950 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 $1,382 per month. That is about $89 more than the cost of a studio apartment.
- How many available rental listings are in 40509?There are 91 available rental listings 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.
View this page in Spanish: Apartamentos baratos en renta en 40509 - 442 Rentas | Trulia