Hamburg, Lexington, KY Rental Market Trends
Last updated: October 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Hamburg is $1,624, a 3.76% decrease compared to the previous year, when the average rent was $1,688.
One-bedroom apartments provide 798 square feet for $1,406, balancing privacy and affordability.
Two-beedroom units at $1,706 offer 1,272 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,419 sq ft) for $2,035, suitable for larger households.
Average rent in Hamburg, Lexington, KY
Last updated: October 20, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,624 | 1,125 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,406 | 798 sq. ft. |
| 2 Beds | $1,706 | 1,272 sq. ft. |
| 3 Beds | $2,035 | 1,419 sq. ft. |
Hamburg, Lexington, KY rent trends
Rental prices in Hamburg, Lexington, KY have decreased by 3.76% over the past year. The average rent moved from $1,688 to $1,624.
What's the typical rent budget in Hamburg, Lexington, KY?
The largest share of rentals in Hamburg, Lexington, KY (68%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Hamburg, Lexington, KY?
271 or 37% of the households in Hamburg, Lexington, KY are renter-occupied while 452 or 63% are owner-occupied.
Most affordable neighborhoods in Hamburg?
Grosvenor - Woolfork $676/month
Glendover $885/month
Eastland Parkway $916/month
All of these neighborhoods fall below the city wide average of $1,347/month.Most expensive neighborhoods in Hamburg?
Golview Estates $1,790/month
Versailles - Bennett - Porter $2,328/month
Royal Lexington $2,551/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Lexington, KY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Royal Lexington | $2,551 |
| Versailles - Bennett - Porter | $2,328 |
| Golview Estates | $1,790 |
| Chilesburg | $1,666 |
| Hamburg | $1,624 |
| Downtown Lexington | $1,595 |
| Pickway Korner | $1,533 |
| Willow Oak | $1,522 |
| Lansdowne - Merrick | $1,475 |
| Forest View | $1,440 |
| Masterson Station Park | $1,430 |
| Liberty | $1,412 |
| Lakeview Estates | $1,391 |
| Hunters Point | $1,378 |
| Andover | $1,350 |
| North Elizabeth | $1,288 |
| Tanbark | $1,268 |
| Chippendale Square | $1,245 |
| Carriage | $1,232 |
| Woodhill Park | $1,197 |
| Hartland | $1,174 |
| Oaks | $1,174 |
| Locust Hill | $1,172 |
| Pine Meadow | $1,156 |
| Southeastern Hills | $1,129 |
| Dove Creek | $1,111 |
| Lansdowne | $1,098 |
| Garden Springs | $1,092 |
| Andover Estates | $1,090 |
| Brigadoon | $1,072 |
| Winburn | $1,032 |
| Green Acres - Hollow Creek - Breckinridge | $999 |
| Lexington Court | $996 |
| Calumet | $975 |
| Cardinal Valley | $974 |
| Eastland Parkway | $916 |
| Glendover | $885 |
| Grosvenor - Woolfork | $676 |
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Lexington | Rent Comparison by Neighborhood
Rent in Hamburg is 20% higher than in Andover
$1,624
Hamburg rent is the same as Lexington average
Average Rent
$1,624
$1,350
Andover rent is 17% lower than Lexington average
Average Rent
$1,350
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Hamburg apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.