Cheap Apartments for Rent in 40511
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PET FRIENDLY$1,374 - $1,900/mo
Studio-2 Beds
1-2 BathsFIFTEEN51 Apartments of Lexington | Aristides Blvd,
Lexington, KY 40511
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PET FRIENDLY$1,400 - $1,600/mo1-2 Beds1-2 BathsGated Villa Apartments at Kearney | Kearney Ridge Blvd,
Lexington, KY 40511
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Average Rent Trends in 40511
Rent in 40511 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jul 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $2,195 |
| Sep 2025 | $2,100 |
| Oct 2025 | $2,095 |
| Nov 2025 | $2,062 |
| Dec 2025 | $2,035 |
| Jan 2026 | $2,080 |
| Feb 2026 | $2,000 |
| Mar 2026 | $2,000 |
| Apr 2026 | $1,895 |
| May 2026 | $1,850 |
| Jun 2026 | $1,900 |
| Jul 2026 | $2,000 |
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 | $1,285 | $1,536 | $2,049 | $2,400 | $2,049 |
| Townhomes | — | $1,650 | $1,905 | — | $1,905 |
| Apartments and Condos | $1,100 | $1,200 | $2,100 | — | $1,200 |
| Houses | $1,285 | $2,000 | $2,090 | $2,400 | $2,200 |
Frequently Asked Questions about Rentals in 40511
- What is the average rent of an apartment in 40511?The average rent of an apartment in 40511 is $1,404 per month. This is about 28% lower than the national average.
- When is the average rent cheapest in 40511?In the last year, the average rent in 40511 was lowest in Jan 2025 when it was $2,020 per month.
- When is the average rent most expensive in 40511?In the last year, the average rent in 40511 was highest in Aug 2025 when it was $2,195 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40511?The average rent of a 1 bedroom apartment in 40511 is $1,285 per month. That is about $97 less than the cost of a studio apartment.
- How many available rental listings are in 40511?There are 76 available rental listings in 40511.
- What are some cities near 40511?Some nearby cities include: Lexington, Georgetown, Midway, Paris, Versailles, Stamping Ground. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 40511 - 156 Rentas | Trulia