← Rent by cityTypical monthly rent in Lexington, KY, over the past three years
Rent in Lexington, KY
Data as of August 2026 · Zillow Observed Rent Index
Typical rent
$1,553
1-year change
+2.9%
3-year change
+14.0%
Metro, 1-year change
+2.9%
Rents in Lexington rose +2.9%, faster than the US overall (+2.5%). Expect landlords to push; compare your offer with your own ZIP, which can differ a lot from the city.
Typical rent in Lexington, past 3 years
All unit sizes, monthly
Show as a table
| Month | Typical rent |
|---|---|
| Aug 2026 | $1,553 |
| Jul 2026 | $1,537 |
| Jun 2026 | $1,531 |
| May 2026 | $1,529 |
| Apr 2026 | $1,526 |
| Mar 2026 | $1,523 |
| Feb 2026 | $1,523 |
| Jan 2026 | $1,532 |
| Dec 2025 | $1,531 |
| Nov 2025 | $1,538 |
| Oct 2025 | $1,532 |
| Sep 2025 | $1,528 |
| Aug 2025 | $1,509 |
| Jul 2025 | $1,500 |
| Jun 2025 | $1,491 |
| May 2025 | $1,480 |
| Apr 2025 | $1,467 |
| Mar 2025 | $1,455 |
| Feb 2025 | $1,449 |
| Jan 2025 | $1,447 |
| Dec 2024 | $1,451 |
| Nov 2024 | $1,452 |
| Oct 2024 | $1,454 |
| Sep 2024 | $1,450 |
| Aug 2024 | $1,445 |
| Jul 2024 | $1,429 |
| Jun 2024 | $1,416 |
| May 2024 | $1,402 |
| Apr 2024 | $1,390 |
| Mar 2024 | $1,382 |
| Feb 2024 | $1,376 |
| Jan 2024 | $1,377 |
| Dec 2023 | $1,371 |
| Nov 2023 | $1,368 |
| Oct 2023 | $1,367 |
| Sep 2023 | $1,365 |
| Aug 2023 | $1,362 |
Estimated typical rent by size
| Studio | $1,160 |
| 1 bedroom | $1,330 |
| 2 bedrooms | $1,570 |
| 3 bedrooms | $1,750 |
| 4+ bedrooms | $2,100 |
City typical rent × KY bedroom ratios from the Census American Community Survey. Rough guide only.
Check your own increase
ZIP-level trends can differ a lot from the city average.
By ZIP code
| ZIP | Typical rent | 1-year change |
|---|---|---|
| 40502 | $1,480 | +6.0% |
| 40503 | $1,544 | +3.2% |
| 40504 | $1,568 | +4.6% |
| 40505 | $1,227 | +4.9% |
| 40507 | $1,408 | – |
| 40508 | $1,192 | +3.3% |
| 40509 | $1,579 | +2.6% |
| 40511 | $1,920 | +3.2% |
| 40514 | $2,045 | +10.9% |
| 40515 | $1,538 | +3.1% |
| 40517 | $1,405 | +2.2% |
Negotiating a renewal in Lexington
- Check your own ZIP, not just the city: in Lexington, ZIP-level changes over the past year range from +2.2% to +10.9%.
- Start 60–90 days before your lease ends, before you're short on time to look elsewhere.
- Lead with wanting to stay, then the numbers: your increase next to the local trend, with the source named.
- Name a specific number, and offer something in return, like a longer lease, if you can.
- Get any agreement in writing before you sign the renewal.