Apartments in 40517
40 rentals
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- $959 - $1,559/mo1-3 Beds1-3 BathsForest Creek Apartments | 1197 Appian Crossing Way,
Lexington, KY 40517 - PET FRIENDLYFURNISHED
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Apartments For Rent Near 40517
We found 30 more apartments matching your filters just outside 40517
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- SPECIAL OFFERPET FRIENDLY$1,064 - $1,179/mo1-2 Beds1-2 BathsStoney Brooke Apartments | 175 N Mount Tabor Rd,
Lexington, KY 40509 - NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
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- $1,041 - $1,639/mo1-2 Beds1-2 BathsThe Racquet Club Apartments | 3900 Crosby Dr,
Lexington, KY 40515 - $1,145 - $1,555/mo1-2 Beds1-2 BathsThe Reserve at Merrick Apartments & Townhomes | 3300 Montavesta Rd,
Lexington, KY 40502 - $1,899 - $2,699/mo2-3 Beds3 BathsAshgrove Farms Townhomes | 1050 Ashgrove Rd,
Nicholasville, KY 40356 - $1,072 - $1,546/mo1-3 Beds1-2 BathsBridle Creek Apartments | 3800 Nicholasville Rd,
Lexington, KY 40503
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 for a apartment decreased in Sep 2026 compared to the previous month. Rent for apartments peaked in Dec 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,248 |
| Nov 2025 | $1,251 |
| Dec 2025 | $1,277 |
| Jan 2026 | $1,266 |
| Feb 2026 | $1,237 |
| Mar 2026 | $1,024 |
| Apr 2026 | $1,067 |
| May 2026 | $1,060 |
| Jun 2026 | $1,052 |
| Jul 2026 | $1,142 |
| Aug 2026 | $1,177 |
| Sep 2026 | $1,135 |
Average Rent By Bedroom and Home Type
In October 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 | $981 | $1,250 | $1,680 | $2,300 | $1,495 |
| Townhomes | — | $1,350 | $1,680 | — | $1,500 |
| Apartments and Condos | $910 | $1,195 | $1,495 | — | $1,150 |
| Houses | — | $1,600 | $1,700 | $2,300 | $1,700 |
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 $1,235 per month. This is about 37% lower than the national average.
- When is the average rent for an apartment 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 for an apartment 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 $945 per month. That is about $60 less than the cost of a studio apartment.
- How many apartments or condos are available to rent in 40517?There are 44 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.
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