Hamburg, Lexington, KY Rental Market Trends
Last updated: April 24, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Hamburg is $1,655, a 0.43% increase compared to the previous year, when the average rent was $1,648.
One-bedroom apartments provide 798 square feet for $1,422, balancing privacy and affordability.
Two-beedroom units at $1,738 offer 1,272 square feet, perfect for roommates or small families.
Average rent in Hamburg, Lexington, KY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,655 | 1,125 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,422 | 798 sq. ft. |
| 2 Beds | $1,738 | 1,272 sq. ft. |
| 3 Beds | n/a | n/a |
Hamburg, Lexington, KY rent trends
Rental prices in Hamburg, Lexington, KY have increased by 0.43% over the past year. The average rent moved from $1,648 to $1,655.
What's the typical rent budget in Hamburg, Lexington, KY?
The largest share of rentals in Hamburg, Lexington, KY (67%) 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?
Cardinal Valley $960/month
Green Acres - Hollow Creek - Breckinridge $969/month
Calumet $977/month
All of these neighborhoods fall below the city wide average of $1,351/month.Most expensive neighborhoods in Hamburg?
Forest View $1,431/month
Willow Oak $1,531/month
Hamburg $1,655/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Lexington, KY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Hamburg | $1,655 |
| Willow Oak | $1,531 |
| Forest View | $1,431 |
| Lansdowne - Merrick | $1,429 |
| Lakeview Estates | $1,416 |
| Hunters Point | $1,402 |
| Andover | $1,286 |
| Oaks | $1,189 |
| Southeastern Hills | $1,162 |
| Pine Meadow | $1,158 |
| Chippendale Square | $1,145 |
| Hartland | $1,122 |
| Garden Springs | $1,083 |
| Dove Creek | $1,080 |
| Andover Estates | $1,059 |
| Calumet | $977 |
| Green Acres - Hollow Creek - Breckinridge | $969 |
| Cardinal Valley | $960 |
Lexington | Rent Comparison by Neighborhood
Rent in Hamburg is 29% higher than in Andover
Hamburg rent is the same as Lexington average
Andover rent is 22% lower than Lexington average
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.