Cheap Apartments for Rent in 40515
41 rentals
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Use arrow keys to navigatePET FRIENDLY$1,119 - $1,525/mo
1-2 Beds
1-2 BathsThe Racquet Club Apartments | 3900 Crosby Dr #706,
Lexington, KY 40515
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY
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Use arrow keys to navigatePET FRIENDLY$1,263 - $1,869/mo1-3 Beds1-2 BathsThe Enclave Hartland | 3901 Rapid Run Dr #224,
Lexington, KY 40515
Use arrow keys to navigatePET FRIENDLY$1,309 - $1,379/mo2 Beds1-2 BathsVeridian Lexington | 2020 Armstrong Mill Rd #701,
Lexington, KY 40515
PET FRIENDLY$1,347 - $1,800/mo1-3 Beds1-2 BathsThe Resort At Lake Crossing | 3601 Brookewind Way #12108,
Lexington, KY 40515
PET FRIENDLY$1,350 - $1,550/mo2 Beds1-2 BathsSquire Mill Towhomes | 3500 Kenesaw Dr #3b94742a1,
Lexington, KY 40515
PET FRIENDLY$1,381 - $2,035/mo1-3 Beds1-2 BathsForty57 Apartments | 4057 Mooncoin Way #1-101,
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 Jun 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,800 |
| Aug 2025 | $1,800 |
| Sep 2025 | $1,695 |
| 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 | $1,645 |
| May 2026 | $1,650 |
| Jun 2026 | $1,844 |
Average Rent By Bedroom and Home Type
In July 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 | $1,162 | $1,521 | $1,895 | $3,500 | $1,800 |
| Townhomes | — | $1,578 | $2,300 | $3,195 | $1,600 |
| Apartments and Condos | — | $1,450 | $1,800 | — | $1,450 |
| Houses | — | $1,625 | $1,900 | $4,500 | $1,995 |
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 $1,450 per month. This is about 26% lower than the national average.
- When is the average rent cheapest in 40515?In the last year, the average rent in 40515 was lowest in Apr 2025 when it was $1,650 per month.
- 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.
- How many available rental listings are in 40515?There are 47 available rental listings in 40515.
- 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 - 165 Rentas | Trulia