Cheap Apartments for Rent in 40516

1 rentals

  • 322 Santa Anita Ct, Lexington, KY 40516
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    NEW - 15 HRS AGO
    PET FRIENDLY
    $1,590/mo
    2 Beds
    2.5 Baths
    1,134 sqft
    322 Santa Anita Ct,
    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 increased in Jul 2026 compared to the previous month. Rent previously peaked in Apr 2026.
MonthAverage rent
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
Jun 2026$1,495
Jul 2026$1,733
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Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types—$1,450$1,750—$1,750
Houses——$1,750—$1,750

Frequently Asked Questions about Rentals in 40516

  • What is the average rent of an apartment in 40516?
    The average rent of an apartment in 40516 is $1,570 per month. This is about 20% 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 40516 - 1,092 Rentas | Trulia