2365 Sir Barton Road Lexington, KY 40509
2650 Wilhite Dr Lexington, KY 40503
Lexington, Kentucky is a vibrant city located in the heart of the Bluegrass region. It is home to the University of Kentucky, a top-tier research institution, and is known for its thriving cultural and culinary scenes. The rental market in Lexington is growing, and there are a variety of options for those looking for a place to call home.
The best neighborhoods in Lexington for renters include Chevy Chase, Downtown, and the University of Kentucky area. Chevy Chase is a historic neighborhood that has seen a major revitalization in recent years, and is known for its vibrant nightlife, excellent dining, and boutique shopping. Downtown is a bustling urban center with a variety of entertainment and dining options, and is a popular spot for students and young professionals. The University of Kentucky area is a great choice for students and those who want to be close to the action of college life.
The average rental prices in Lexington vary depending on neighborhood and type of rental. One bedroom apartments typically range from $800 to $1200 per month, while two bedroom apartments range from $1000 to $1500 per month, and luxury rentals can go as high as $2000 per month. Prices for houses and townhomes also vary, depending on size and amenities.
The crime
The average rental prices of an apartment, townhouse, condo, loft and single family home in Lexington, KY are as follows:
Apartment: $1,136
Townhouse: $1,450
Condo: $1,164
Loft: $1,102
Single Family Home: $1,734
Rental prices in Lexington, KY have seen a steady increase over the last 5 years. In 2015, the median rent for a one-bedroom apartment in Lexington was $675. By 2020, the median rent for a one-bedroom apartment had increased to $890, representing a 32.2% increase in rental prices. These increases are in line with the national average, which saw a 25.5% increase in rental prices over the same time period.
1-Bedroom: $950
2-Bedroom: $1,200
3-Bedroom: $1,450
Lexington, KY is home to the fourth-largest school district in the state of Kentucky, with over 38,000 students enrolled. The district has been ranked among the top 5 in the state for academic achievement, and consistently outperforms the rest of the state on standardized tests. In addition, Lexington's school district has been recognized for its commitment to equity and inclusion, and has been named one of the Best Communities for Music Education by the National Association of Music Merchants. Compared to other school districts in the United States, Lexington's school district is well-regarded for its educational offerings and student outcomes.
1. Chevy Chase
2. Hamburg
3. Beaumont-Gillette
4. St. Matthews
5. Downtown Lexington
1. Beaumont Reserve
2. Tuscany
3. Andover Hills
4. Masterson Station
5. Gleneagles