Apartments in 40517

34 rentals

Apartments For Rent Near 40517

We found 30 more apartments matching your filters just outside 40517

Average Rent Trends in 40517

Rent in 40517 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
Jun 2025$1,111
Jul 2025$1,272
Aug 2025$1,265
Sep 2025$1,235
Oct 2025$1,248
Nov 2025$1,254
Dec 2025$1,277
Jan 2026$1,266
Feb 2026$1,237
Mar 2026$1,024
Apr 2026$1,067
May 2026$1,061
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,050$1,279$1,685$1,995$1,500
Townhomes—$1,500$1,500$1,995$1,500
Apartments and Condos$1,050$995$1,514—$1,050
Houses—$1,675$1,700$1,895$1,795

Frequently Asked Questions about Apartments and Condos for rent in 40517

  • What is the average rent of an apartment in 40517?
    The average rent of an apartment in 40517 is $1,077 per month. This is about 44% lower than the national average.
  • When is the average rent cheapest in 40517?
    In the last year, the average rent in 40517 was lowest in Jun 2025 when it was $1,111 per month.
  • When is the average rent most expensive in 40517?
    In the last year, the average rent in 40517 was highest in Dec 2025 when it was $1,277 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 40517?
    The average rent of a 1 bedroom apartment in 40517 is $1,038 per month. That is about $33 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 40517?
    There are 35 available apartments or condos to rent in 40517.
  • What are some cities near 40517?
    Some nearby cities include: Lexington, Nicholasville, Wilmore, Versailles, Midway, Richmond. These cities may have more rental options to explore.