Apartments for Rent in Lexington, KY

The best apartments in Lexington, KY are: Merrick Place, The Metropolitan, Chinoe Creek, Tates Creek Village and The Resort At Lake Crossing.

The average rent in Lexington, KY is $1,311.

The price range for a studio apartment in Lexington, KY is between $950 and $1,650.

The price range for a 1-bedroom apartment in Lexington, KY is between $755 and $3,007.

The price range for a 2-bedroom apartment in Lexington, KY is between $845 and $3,701.

The price range for a 3-bedroom apartment in Lexington, KY is between $755 and $2,883.

In Lexington, 46% of the residents are renting compared to 54% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 10% of Lexington's rentals, 65% are small-scale complexes with under 50 units, and 24% are single-family rentals.

The average age of rental buildings in Lexington is 36 years old, with 30% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 95% are garden-style apartment communities, 4% are mid-sized buildings, and 2% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Lexington are around 4% of rentals, while 1-bedroom floor plans represent 42% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 44% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.