Cheap Apartments for Rent in 40515
51 rentals
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Use arrow keys to navigatePET FRIENDLY$1,084 - $1,624/mo
1-2 Beds
1-2 BathsThe Racquet Club Apartments | 3900 Crosby Dr,
Lexington, KY 40515
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SPECIAL OFFERPET FRIENDLY$1,258 - $1,610/mo1-3 Beds1-2 BathsThe Resort At Lake Crossing | 3601 Brookewind Way,
Lexington, KY 40515
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Average Rent Trends in 40515
Rent in 40515 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,750 |
| Nov 2025 | $1,767 |
| Dec 2025 | $1,725 |
| Jan 2026 | $1,725 |
| Feb 2026 | $1,750 |
| Mar 2026 | $1,685 |
| Apr 2026 | $1,646 |
| May 2026 | $1,650 |
| Jun 2026 | $1,844 |
| Jul 2026 | $1,800 |
| Aug 2026 | $1,700 |
| Sep 2026 | $1,740 |
Average Rent By Bedroom and Home Type
In October 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 | $1,188 | $1,450 | $1,795 | $3,130 | $1,700 |
| Townhomes | — | $1,367 | $1,695 | — | $1,664 |
| Apartments and Condos | — | $1,250 | — | — | $1,250 |
| Houses | — | $1,600 | $1,799 | $3,130 | $1,978 |
Frequently Asked Questions about Rentals in 40515
- What is the average rent of an apartment in 40515?The average rent of an apartment in 40515 is $1,337 per month. This is about 31% lower than the national average.
- What are the cheapest months to find an apartment to rent in 40515?Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $1,650 per month.
- How many cheap apartments are available in 40515?There are 31 apartments to rent that are cheaper than the city’s average rent of $1,700.
- When is the average rent most expensive in 40515?In the last year, the average rent in 40515 was highest in Jul 2025 when it was $1,800 per month.
- What are some cities near 40515?Some nearby cities include: Lexington, Nicholasville, Richmond, Winchester, Wilmore, Lancaster. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 40515 - 196 Rentas | Trulia