Cheap Apartments for Rent in 40514

20 rentals

Apartments For Rent Near 40514

We found 30 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 increased in Aug 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
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
Jun 2026$1,800
Jul 2026$2,000
Aug 2026$2,095
View as a graph

Average Rent By Bedroom and Home Type

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,540$1,600$1,995$2,500$2,095
Townhomes—$1,600$2,000—$1,600
Apartments and Condos—$1,350—$2,300$1,350
Houses——$1,999$2,500$2,250

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 $1,517 per month. This is about 23% 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 20 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 40514 - 70 Rentas | Trulia