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Studio Apartments for Rent in Lexington, KY
2 Rentals Available

  • 1 day ago

    2170 Ft. Harrods Dr. Office, Lexington, KY 40513
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    • Studio
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  • 1 day ago

    2875 Palumbo Dr., Lexington, KY 40509
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    • Studio
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Look for studio apartments near me

Are you looking to land a small but cool studio apartment near you? Is an unbeatable location more important to you than lots of space? You can now browse through all available RentCafe listings, to find the perfect studio apartment near you, in your favorite neighborhood, ZIP code, or in another city or state in the U.S. wherever life takes you. Check the ratings and reviews of properties with studio apartments, filter them based on your criteria, and find the one that suits your needs.

Compare the size, price and location, as well as amenities, both inside and outside the apartment. Whether you are looking for a more modern studio near you, or one in a charming old building, or maybe you want to be close to a certain park, the downtown area of your city, or near family or friends, RentCafe allows you to find the best fit for you - so, let's find your new home!

Frequently Asked Questions

What are the advantages of renting a studio apartment in Lexington, KY?

Studio apartments in Lexington, KY tend to be more affordable than other apartments and they have lower utility costs.

What are the downsides of renting a studio apartment in Lexington, KY?

One of the downsides of living in a studio apartment is the limited storage space. You might be interested in 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RentCafe apartments for rent in Lexington, KY.

Lexington, KY Demographics

  • Total Population323,472
  • Female 158,411
    Male 165,061
  • Median Age37.2

The total population of Lexington, KY is 323,472, of which 158,411 are men and 165,061 are women, according to the most recent U.S. Census Bureau estimates. The residents of Lexington have a median age of 37.2.

Average Rent in Lexington, KY

  • Lexington, KY Average Rental Price, February 2022 $1,068 /mo

Apartments in Lexington, KY rent for $1,068 per month, on average.

Lexington, KY Apartment Rent Ranges

7% of apartments in Lexington, KY are priced between $501-$700. About 45% charge rents in the $701-$1,000 range. Approximately 38% of Lexington’s apartment rentals are priced between $1,001-$1,500. Meanwhile, 8% of apartments are in the most expensive $1,501-$2,000 range.

Lexington, KY Rent Trends

Average Rent Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jul / 2021 Nov / 2021 Feb / 2022
Lexington, KY $886 $903 $922 $925 $920 $941 $948 $961 $1,017 $1,045 $1,068
National $1,362 $1,367 $1,399 $1,407 $1,409 $1,399 $1,403 $1,412 $1,495 $1,591 $1,628

The average monthly rent in Lexington, KY is around $1,068, while the national average rent is $1,628.

Lexington, KY Households

  • Total Number of Households131,445
  • Family 74,925
    Non-family 56,520
  • Children 36,890
    No Children 94,555
  • Average People Per Household2.42
  • Median Household Income$66,818
  • Median Housing Costs Per Month$1,034

A total of 131,445 households live in Lexington, KY, of which 74,925 are family households and 56,520 are non-family households, per U.S. Census estimates. Of these, approximately 36,890 households have children and 94,555 households do not have children. The average size of a household in Lexington, KY is 2.42. The median household income in Lexington is $66,818 annually, with $1,034 per month going towards housing.

Lexington, KY Education Statistics

According to Census data, 3% of the population in Lexington, KY have no high school education, 26% went to high school, 24% have some college education, 7% earned an Associate Degree, 24% earned a Bachelor Degree, and 17% earned a Graduate Degree.

Renting a studio apartment in Lexington, KY

Finding an affordable home is definitely not an easy task nowadays, especially if you’re new to the market. When looking for a budget-friendly small apartment, you should decide on the non-negotiables and look for a home that meets your needs. A cheap studio can be rented starting from $1,199, so your next step is to make up your mind regarding the layout of your future nest: do you want a one room apartment, with kitchen in the main room, or a bachelor flat with a separate kitchen? Hard to decide.

The perks of renting an efficiency apartment

They say renting is like dating- you should not expect absolute perfection from a rental home, but you should love the things that make it uniquely yours. If you’re interested in an efficiency apartment in Lexington, KY, we are confident that you will find a great place that complements your lifestyle. Having a small apartment comes with a series of advantages that their larger companions lack. A studio apartment is easier to keep clean and it’s always less cluttered, because there is no room for unnecessary stuff. If single bedroom apartments and small apartments is what you’re after, you are more likely to afford living in the hip parts of the town, within walking or biking distance from entertainment and shopping. You will also notice significant savings year after year. Pick your price limit and square footage and browse through our 2 listings in Lexington, KY and we promise you won’t be disappointed.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!