Known as the "Horse Capital of the World," Lexington is home to hundreds of horse farms, the Kentucky Horse Park, and famous race courses like Keeneland and The Red Mile. Those looking for apartments for rent in Lexington will find a city that balances its rich equestrian heritage with a forward-thinking atmosphere, thanks partly to the University of Kentucky, Transylvania University, and Bluegrass Community and Technical College. As Kentucky's second-largest city with over 320,000 residents, Lexington feels welcoming and accessible while offering big-city amenities.
Renting in Lexington works for many different budgets, with one-bedroom apartments averaging around $1,074 per month. Neighborhoods like Chevy Chase feature historic bungalows and tree-lined streets, while downtown offers modern apartment communities within walking distance of local boutiques, coffee shops, and entertainment spots like Rupp Arena and Central Bank Center. The city provides easy access to shopping destinations including Fayette Mall, Kentucky's largest mall, plus plenty of parks and trails for outdoor activities. Getting around is simple with major highways like I-75 and the Bluegrass Parkway connecting Lexington to other regional cities.
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The average rent in Lexington, KY is $1,110.
The average rent for a studio apartment in Lexington, KY is $970.
The average rent for a 1 bedroom apartment in Lexington, KY is $1,110.
The average rent for a 2 bedroom apartment in Lexington, KY is $1,396.
The average rent for a 3 bedroom apartment in Lexington, KY is $1,783.
The average rent for a 4 bedroom apartment in Lexington, KY is $1,787.
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