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2,645 Rentals

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Condos under $500 for Rent in Lexington, KY

2,645 Rentals
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  13. Rent Special
    Rent Special
    1 BED
    $1,474+
    2 BEDS
    $1,790+
    3 BEDS
    $2,354+

    The Avery

    6600 Man O War Blvd, Lexington, KY 40509
    Call
  24. Rent Special
    Rent Special
    |
    1 BED
    $1,379+
    2 BEDS
    $969+
    3 BEDS
    $959+
    4 BEDS
    $869+

    The Wyatt

    497 S Angliana Ave, Lexington, KY 40508
    Call

Living & Renting in Lexington

Lexington at a Glance

Average Rent

$1,047
(All bedrooms and property types)
Learn more about
Average Rent in Lexington
7

School Rating

out of 10 Rating
Learn more about
Schools in Lexington
38

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Lexington
55

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Lexington

Lexington, KY Condos for Rent

Lexington, KY, presents a delightful blend of Southern hospitality and rich cultural heritage, making it an inviting place to explore. Known as the "Horse Capital of the World," the city boasts stunning landscapes and equestrian events that attract visitors year-round. The scenic beauty of parks such as The Arboretum and McConnell Springs offers perfect spots for outdoor activities and leisurely strolls, while Masterson Station Park provides ample space for family gatherings and recreational pursuits.

Shopping enthusiasts can indulge in a variety of options, from the vibrant atmosphere of Hamburg Pavilion to the diverse offerings at Fayette Mall and The Summit at Fritz Farm. For those seeking a bite to eat, the local dining scene is equally enticing, featuring favorites similar to Texas Roadhouse and Winchell's Restaurant and Bar. Coffee lovers can enjoy a cozy afternoon at North Lime Coffee & Donuts or grab a quick treat at Krispy Kreme.

Cultural experiences abound in Lexington, with venues such as the 21c Museum Hotel and the historic Lyric Theatre & Cultural Arts Center showcasing art and performances that enrich the community. The Mary Todd Lincoln House and Ashland - The Henry Clay Estate offer a glimpse into the city's historical significance, while the Lexington Children’s Museum provides fun and educational experiences for families.

Annual events similar to the Lexington Bluegrass Festival and the Kentucky Bourbon Festival foster a sense of camaraderie among residents, creating a vibrant community spirit. The city's commitment to education shines through with the presence of the University of Kentucky, which not only contributes to a lively atmosphere but also hosts numerous sporting events that engage fans throughout the year.

With charming neighborhoods, accessible amenities, and a strong sense of community, Lexington provides an inviting environment for those seeking a fulfilling place to call home. Whether enjoying a day at Triangle Park or exploring the local shops and restaurants, the city's unique character and warm atmosphere make it a wonderful destination for both residents and visitors asimilar to.

Why Lexington?

  • The Kentucky Bourbon Trail consists of six historic distilleries, each offering tours and tasting.
  • Lexington is home to the University of Kentucky, Transylvania University, and Bluegrass Community and Technical College.
  • The Kentucky Horse Park opened in 1978 and features several horse sculptures and a twice-daily Parade of Breeds.
  • Founded in 1775, Lexington is home to beautiful historic sites and districts, such as downtown’s Victorian Square.
  • Lexington has a strong economy and is home to many major companies, such as Tempur-Pedic, Amazon.com, and Lexmark International.
  • The Festival of the Bluegrass, held annually in June, is the oldest bluegrass music festival in Kentucky.

Renting in Lexington

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Lexington

(For 1 bedroom apartments)

Getting Around Lexington

Transportation

58

Somewhat Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
55

Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
38

Some Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

Public University
Private University
Private University
Public University
Public University
9
Opportunity Middle College
out of 10 Rating
Public | Grades 11- 12 | 65 Students
8
Lafayette High School
out of 10 Rating
Public | Grades 9- 12 | 2,432 Students
8
STEAM Academy
out of 10 Rating
Public | Grades 9- 12 | 398 Students
6
Henry Clay High School
out of 10 Rating
Public | Grades 9- 12 | 2,031 Students
6
Public | Grades 9- 12 | 1,946 Students
8
Public | Grades 6- 8 | 1,081 Students
8
Jessie M Clark Middle School
out of 10 Rating
Public | Grades 6- 8 | 1,044 Students
6
Beaumont Middle School
out of 10 Rating
Public | Grades 6- 8 | 843 Students
6
Morton Middle School
out of 10 Rating
Public | Grades 6- 8 | 705 Students
8
Athens-Chilesburg Elementary
out of 10 Rating
Public | Grades K- 5 | 533 Students
8
Clays Mill Elementary School
out of 10 Rating
Public | Grades K- 5 | 517 Students
School data provided by Great Schoolsⓘ

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Lexington Condos for Rent in Your Budget

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