Townhomes For Rent in 40516

1 rentals

  • 2142 Santa Anita Dr, Lexington, KY 40516
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    APPLY INSTANTLY
    PET FRIENDLY
    $1,495/mo
    2 Beds
    2.5 Baths
    1,134 sqft
    2142 Santa Anita Dr,
    Lexington, KY 40516

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Apartments For Rent Near 40516

We found 30 more apartments matching your filters just outside 40516

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 stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Dec 2025.
MonthAverage rent
Mar 2025$1,395
Apr 2025$1,395
Jul 2025$1,395
Sep 2025$1,350
Dec 2025$1,595
Feb 2026$1,425
May 2026$1,425
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Townhomes were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types—$1,395$1,995—$1,395
Townhomes—$1,395——$1,395
Houses——$1,995—$1,995

Frequently Asked Questions about Townhomes for rent 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 Sep 2025 when it was $1,350 per month.
  • When is the average rent most expensive in 40516?
    In the last year, the average rent in 40516 was highest in Dec 2025 when it was $1,595 per month.
  • How many townhomes are available to rent in 40516?
    There are 2 available townhomes to rent 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.