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3 Bedroom Apartments for Rent in Lexington, KY - 30 Rentals available

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Lexington, KY Demographics

  • Total Population309,251
  • Female 151,873
    Male 157,379
  • Median Age36.1

Average Rent for 3 Bedroom apartments in Lexington, KY

  • The average rent for a 3 Bedroom apartment in Lexington, KY, December 2018$874/mo
  • 1 Bedroom$717
  • 2 Bedrooms$885
  • 3 Bedrooms$1,165

Lexington, KY 3 Bedroom Apartment Rent Ranges

  • $501-$7003%
  • $701-$1,00030%
  • $1,001-$1,50052%
  • $1,501-$2,00015%
  • > $2,0001%

Lexington, KY 3 Bedroom Apartment Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Dec / 2018 $874 $1,165
Jan / 2018 $874 $1,165
Sept / 2017 $874 $1,174
May / 2017 $883 $1,184
Jan / 2017 $859 $1,153
Sept / 2016 $855 $1,156
May / 2016 $851 $1,147
Jan / 2016 $839 $1,136
Sept / 2015 $831 $1,124
May / 2015 $853 $1,144
/

Lexington, KY Households

  • Total Number of Households126,157
  • Family 72,692
    Non-family 53,465
  • Children 36,360
    No Children 89,797
  • Average People Per Household2.47
  • Median Household Income$57,247
  • Median Housing Costs Per Month$915

Lexington, KY Education Statistics

  • No High School4%
  • Some High School27%
  • Some College26%
  • Associate Degree7%
  • Bachelor Degree22%
  • Graduate Degree15%

Renting a 3 bedroom apartment in Lexington, KY

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,172 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Lexington, KY, rents on 3 bedroom apartments go up to $2,183. 17 rental properties offer 3 bedroom units in Lexington, KY to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Lexington, KY

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $510 in Lexington, KY, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Eastland Parkway or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.