Apartments For Rent in 40516
1 rentals
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Apartments For Rent Near 40516
We found 30 more apartments matching your filters just outside 40516
- PET FRIENDLY$1,525 - $2,525/mo1-3 Beds1-2 BathsThe Retreat at Hamburg Place Apartments | 2365 Sir Barton Way #1304,
Lexington, KY 40509 - PET FRIENDLY
- PET FRIENDLY
- PET FRIENDLY$1,475 - $2,238/mo1-3 Beds1-2 BathsForty57 Apartments | 4057 Mooncoin Way #8-207,
Lexington, KY 40515 - SPECIAL OFFERPET FRIENDLY
- SPECIAL OFFERPET FRIENDLY
- SPECIAL OFFERPET FRIENDLY
- $1,240 - $1,748/mo1-2 Beds1-3 BathsRiverford Crossing Apartments | 8000 John Davis Dr #2404,
Frankfort, KY 40601 - $1,399 - $1,972/mo1-2 Beds1-2 BathsThe Charles at Coventry | 2329 Remington Way #100,
Lexington, KY 40511 - $1,005 - $1,405/mo1-3 Beds1-2 BathsPrime at Lexington | 3501 Pimlico Pkwy #216R,
Lexington, KY 40517 - $969 - $1,309/mo1-2 Beds1-2 BathsVeridian Lexington | 2020 Armstrong Mill Rd #2124,
Lexington, KY 40515 - $1,013 - $1,347/mo1-2 Beds1-2 BathsStoney Brooke Apartments | 175 N Mount Tabor Rd #121,
Lexington, KY 40509 - $949 - $1,150/mo1-2 Beds1 BathThe Vue Lexington | 2070 Garden Springs Dr #LS-A50,
Lexington, KY 40504 - $975 - $1,525/mo1-3 Beds1-2 BathsPrime at Gardenside | 2044 Georgian Way #GG059,
Lexington, KY 40504 - $1,348 - $1,993/mo1-2 Beds1-2 BathsWaterstone at Hamburg Apartments | 2785 Polo Club Blvd #2-134,
Lexington, KY 40509 - $959 - $1,559/mo1-3 Beds1-3 BathsForest Creek Apartments | 1197 Appian Crossing Way #113,
Lexington, KY 40517 - $1,495 - $1,739/mo1-3 Beds1-2 BathsPalomar View Apartments | 4121 Reserve Rd #304,
Lexington, KY 40514 - $1,692 - $1,977/mo1-2 Beds2-3 BathsHamburg Farms | 2498 Aristocracy Cir #38-2717,
Lexington, KY 40509 - $1,255 - $1,355/moStudio1 BathStudios340 - All Inclusive Pricing | 340 Legion Dr #0B-1Ba-470Sqft,
Lexington, KY 40504 - $1,195 - $1,295/moStudio1 BathStudios180 Short/Long Term Leases | 180 N Martin Luther King Blvd #0B-1Ba-350Sqft,
Lexington, KY 40507 - $1,430 - $2,015/mo1-2 Beds1-2 BathsParkside Heights | 320 Hannah Todd Pl #308-203,
Lexington, KY 40509
Average Rent Trends in 40516
Rent in 40516 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 Apr 2026.
| Month | Average rent |
|---|---|
| Mar 2025 | $1,495 |
| Apr 2025 | $1,495 |
| May 2025 | $1,495 |
| Jun 2025 | $1,725 |
| Jul 2025 | $1,395 |
| Sep 2025 | $1,350 |
| Nov 2025 | $1,095 |
| Dec 2025 | $1,595 |
| Jan 2026 | $1,025 |
| Feb 2026 | $1,425 |
| Apr 2026 | $1,950 |
| May 2026 | $1,425 |
Average Rent By Bedroom and Home Type
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | — | $1,395 | — | — | $1,395 |
| Townhomes | — | $1,395 | — | — | $1,395 |
Frequently Asked Questions about Rentals in 40516
- What is the average rent of a townhome in 40516?The average rent of a townhome in 40516 is $1,395 per month. This is about 28% lower than the national average.
- When is the average rent cheapest in 40516?In the last year, the average rent in 40516 was lowest in Nov 2025 when it was $1,095 per month.
- When is the average rent most expensive in 40516?In the last year, the average rent in 40516 was highest in Jun 2025 when it was $1,725 per month.
- How many available rental listings are in 40516?There are 2 available rental listings in 40516.
- What are some cities near 40516?Some nearby cities include: Lexington, Paris, Winchester, North Middletown, Georgetown, Nicholasville. These cities may have more rental options to explore.