Apartments in 40514

6 rentals

Apartments For Rent Near 40514

We found 17 more apartments matching your filters just outside 40514

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 May 2025.
MonthAverage rent
Jun 2025$1,655
Jul 2025$1,570
Aug 2025$1,576
Sep 2025$1,715
Oct 2025$1,546
Nov 2025$1,873
Dec 2025$1,891
Jan 2026$1,891
Feb 2026$1,893
Mar 2026$1,893
Apr 2026$1,895
May 2026$1,679
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,339$1,442$1,900$2,650$2,000
Apartments and Condos—$1,400$2,150—$1,675
Houses——$1,930$2,650$2,300

Frequently Asked Questions about Apartments and Condos for rent in 40514

  • What is the average rent of an apartment in 40514?
    The average rent of an apartment in 40514 is $1,705 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 Oct 2025 when it was $1,546 per month.
  • When is the average rent most expensive in 40514?
    In the last year, the average rent in 40514 was highest in May 2025 when it was $1,978 per month.
  • How many apartments or condos are available to rent in 40514?
    There are 7 available apartments or condos to rent 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.