Apartments in Lexington, KY rent for $998 per month, on average.
Studio Apartments for Rent in Lexington, KY
The average monthly rent in Lexington, KY is around $998, while the national average rent is $1,741.
Apartments in Lexington, KY rent for $998 per month, on average.
60% of apartments in Lexington, KY are priced ≤ $1000. About 38% charge rents in the $1,001-$1,500 range. Approximately 2% of Lexington’s apartment rentals are priced between $1,501-$2,000.
The largest share of rentals in Lexington, KY (60%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
There are 4 studio rentals available on RentCafe. Prices and availability in Lexington, KY were last updated on 19 Feb 2026.
The average Lexington, KY studio apartment size is 9,012 sq. ft.
Studio apartments in Lexington, KY tend to be more affordable than other apartments and they have lower utility costs.
One of the downsides of living in a studio apartment is the limited storage space.

Steeped in rich history and renowned for its vibrant culture, Lexington, KY, is an extraordinary place to call home. The city presents a wide array of rental housing options, from spacious single-family homes to affordable studio apartments, satisfying diverse renting needs.
Kentucky renters' rights are well defined by the law, with measures to ensure fair rental practices. These rights cover aspects like security deposit limits, repair responsibilities and termination procedures, offering peace of mind for Lexington renters.
Known as the "Horse Capital of the World," Lexington offers residents a blend of Southern charm and modern amenities. Attractions range from the historic Keeneland Race Course and the Kentucky Horse Park to the contemporary arts scene at Lexington Opera House. Shopping and dining options abound, with a mix of unique boutiques, farmers' markets and diverse eateries.
For renters in Lexington, studio apartments provide a perfect blend of convenience, affordability and stylish living. These units often appeal to students, young professionals and those seeking a minimalist lifestyle, offering comfortable, self-contained living spaces.
Studio apartments in Lexington often come equipped with modern amenities like fully-stocked kitchens, in-unit washers and dryers, and even communal perks like fitness centers and swimming pools. Many apartment communities also offer resident events and pet-friendly policies, enriching the rental experience.
Notable neighborhoods for studio apartments include the bustling Downtown Lexington, the historic Chevy Chase and the student-friendly area around the University of Kentucky. Renters can enjoy local attractions like The Square, packed with shops, restaurants, and galleries, or Rupp Arena, home to the Wildcats and a hotspot for concerts and events.
If you're looking for studio apartments in Lexington, KY, you can use RentCafe.com to find the ideal place for you. You can filter your search by location, amenities, price and more. You can also view photos and floor plans and read reviews of different properties.