Cheap Apartments for Rent in 40511
66 rentals
Use arrow keys to navigateFURNISHEDROOM FOR RENT
Use arrow keys to navigatePET FRIENDLYINCOME RESTRICTED$1,069 - $1,485/mo
1-3 Beds
1-2 BathsOakdale Apartments | 2445 Mulundy Way #b47977244,
Lexington, KY 40511
Use arrow keys to navigateAPPLY INSTANTLYPET FRIENDLY
Use arrow keys to navigatePET FRIENDLY$1,200 - $1,600/mo1-2 Beds1-2 BathsGated Villa Apartments at Kearney | 2671 Kearney Ridge Blvd #224021d05,
Lexington, KY 40511
Use arrow keys to navigateNEW - 2 DAYS AGOPET FRIENDLY
Use arrow keys to navigateAPPLY INSTANTLYPET FRIENDLY
Use arrow keys to navigateAPPLY INSTANTLYPET FRIENDLY- PET FRIENDLY
- APPLY INSTANTLYPET FRIENDLY
- APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY$1,203 - $1,964/mo1-3 Beds1-3 BathsTownley Park Apartments | 149 Old Towne Walk #823657,
Lexington, KY 40511
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
SPECIAL OFFERPET FRIENDLY$1,359 - $2,034/moStudio-2 Beds1-2 BathsFIFTEEN51 Apartments of Lexington | 1551 Aristides Blvd #3317,
Lexington, KY 40511
SPECIAL OFFERPET FRIENDLY$1,362 - $2,195/mo1-3 Beds1-3 BathsThe Village at Great Acres | 2880 Summerfield Dr #3210,
Lexington, KY 40511
$1,399 - $1,972/mo1-2 Beds1-2 BathsThe Charles at Coventry | 2329 Remington Way #109,
Lexington, KY 40511
APPLY INSTANTLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLY
PET FRIENDLY$1,536 - $1,765/mo2-3 Beds2 BathsEmerald Twenty-Four | 1024 Greendale Rd #19aa52418,
Lexington, KY 40511
APPLY INSTANTLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLY
APPLY INSTANTLYPET FRIENDLY
SPECIAL OFFERPET FRIENDLY$1,770 - $2,530/mo3-4 Beds2-3 BathsTrailside at McConnells Trace | 2945 Trailwood Ln #240,
Lexington, KY 40511
PET FRIENDLY
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
NEW - 9 HRS AGOPET FRIENDLY
APPLY INSTANTLYFURNISHED
Save Search in 40511
40511Get emails when new homes match this search
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 decreased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,150 |
| Jul 2025 | $2,145 |
| 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 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,200 | $1,536 | $1,895 | $2,350 | $1,808 |
| Townhomes | — | $1,600 | $1,960 | — | $1,650 |
| Apartments and Condos | $1,135 | $1,200 | $1,595 | — | $1,200 |
| Houses | — | $1,350 | $1,895 | $2,400 | $2,100 |
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 $1,415 per month. This is about 27% lower than the national average.
- What is the average rent of a house in 40511?The average rent of a house in 40511 is $2,100 per month. This is about 9% higher than the national average.
- What is the average rent of a townhome in 40511?The average rent of a townhome in 40511 is $1,650 per month. This is about 14% 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 $1,200 per month. That is about $190 less than the cost of a studio apartment.
- How many available rental listings are in 40511?There are 64 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.