Apartments For Rent in 40514
14 rentals
Use arrow keys to navigatePET FRIENDLY$1,495 - $1,739/mo
1-3 Beds
1-2 BathsPalomar View Apartments | 4121 Reserve Rd #304,
Lexington, KY 40514
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PET FRIENDLY$1,563 - $1,818/mo1-2 Beds1-2 BathsPalomar Woods | 1850 Old Higbee Mill Rd #107,
Lexington, KY 40514
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Apartments For Rent Near 40514
We found 30 more apartments matching your filters just outside 40514
Use arrow keys to navigatePET FRIENDLY$1,475 - $2,238/mo1-3 Beds1-2 BathsForty57 Apartments | 4057 Mooncoin Way #8-207,
Lexington, KY 40515
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PET FRIENDLY$1,080 - $2,051/mo1-3 Beds1-2 BathsBridle Creek Apartments | 3800 Nicholasville Rd #13204,
Lexington, KY 40503
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Average Rent Trends in 40514
Rent in 40514 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 | $1,999 |
| Jul 2025 | $1,800 |
| Aug 2025 | $2,000 |
| Sep 2025 | $1,970 |
| Oct 2025 | $1,850 |
| Nov 2025 | $1,999 |
| Dec 2025 | $2,000 |
| Jan 2026 | $1,925 |
| Feb 2026 | $1,925 |
| Mar 2026 | $2,000 |
| Apr 2026 | $2,000 |
| May 2026 | $1,930 |
Average Rent By Bedroom and Home Type
In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,681 | $1,573 | $1,995 | $2,800 | $2,000 |
| Townhomes | — | — | $1,700 | — | $1,700 |
| Apartments and Condos | — | $1,400 | $2,150 | — | $1,900 |
| Houses | — | — | $1,995 | $2,800 | $2,050 |
Frequently Asked Questions about Rentals in 40514
- What is the average rent of an apartment in 40514?The average rent of an apartment in 40514 is $1,812 per month. This is about 6% lower than the national average.
- What is the average rent of a house in 40514?The average rent of a house in 40514 is $2,050 per month. This is about 6% higher than the national average.
- What is the average rent of a townhome in 40514?The average rent of a townhome in 40514 is $1,700 per month. This is about 12% lower than the national average.
- When is the average rent cheapest in 40514?In the last year, the average rent in 40514 was lowest in Jan 2025 when it was $1,750 per month.
- When is the average rent most expensive in 40514?In the last year, the average rent in 40514 was highest in Aug 2025 when it was $2,000 per month.
- How many available rental listings are in 40514?There are 19 available rental listings in 40514.
- What are some cities near 40514?Some nearby cities include: Lexington, Nicholasville, Versailles, Wilmore, Midway, Salvisa. These cities may have more rental options to explore.