Cheap Apartments for Rent in 40509
78 rentals
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Use arrow keys to navigatePET FRIENDLY$914 - $1,590/mo
1-3 Beds
1-2 BathsThe Champion at Bluegrass Apartments | 300 Quinton Ct #4-101,
Lexington, KY 40509
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,065 - $1,262/mo1-2 Beds1-2 BathsRaintree Apartments | 175 N Locust Hill Dr #16-1604,
Lexington, KY 40509
Use arrow keys to navigatePET FRIENDLY$1,123 - $1,301/mo1-2 Beds1-2 BathsStoney Brooke Apartments | 175 N Mount Tabor Rd #128,
Lexington, KY 40509
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SPECIAL OFFERPET FRIENDLY$1,143 - $2,338/moStudio-3 Beds1-2 BathsSprings at Hamburg | 2151 Meeting St #5201,
Lexington, KY 40509
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PET FRIENDLY$1,299 - $2,428/mo1-3 Beds1-2 BathsThe Retreat at Hamburg Place Apartments | 2365 Sir Barton Way #1219,
Lexington, KY 40509
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SPECIAL OFFERPET FRIENDLY$1,323 - $1,996/mo1-2 Beds1-3 BathsHamburg Farms | 2498 Aristocracy Cir #CH-201,
Lexington, KY 40509
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SPECIAL OFFERPET FRIENDLY$1,366 - $2,137/mo1-3 Beds1-2 BathsWaterstone at Hamburg Apartments | 2785 Polo Club Blvd #2-110,
Lexington, KY 40509
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SPECIAL OFFERPET FRIENDLY$1,468 - $2,037/mo1-3 Beds1-2 BathsParkside Heights | 320 Hannah Todd Pl #304-209,
Lexington, KY 40509
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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 Jun 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,815 |
| Aug 2025 | $1,950 |
| Sep 2025 | $1,731 |
| Oct 2025 | $1,795 |
| Nov 2025 | $1,775 |
| Dec 2025 | $1,849 |
| Jan 2026 | $1,780 |
| Feb 2026 | $1,843 |
| Mar 2026 | $1,795 |
| Apr 2026 | $1,822 |
| May 2026 | $1,700 |
| Jun 2026 | $1,692 |
Average Rent By Bedroom and Home Type
In July 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 | $1,408 | $1,461 | $1,900 | $2,695 | $1,723 |
| Townhomes | — | $1,400 | $1,650 | — | $1,461 |
| Apartments and Condos | $1,450 | $1,299 | — | — | $1,299 |
| Houses | — | $1,250 | $1,950 | $2,695 | $2,300 |
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 $1,420 per month. This is about 27% 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 $1,408 per month. That is about $659 more than the cost of a studio apartment.
- How many available rental listings are in 40509?There are 79 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 - 366 Rentas | Trulia