Lexington, known as the "Horse Capital of the World," is a charming city in the heart of the Bluegrass region of Kentucky, with a rich cultural heritage and a strong sense of community. Learn about the city's unique culture and intriguing past at destinations like Mary Todd Lincoln House, the Kentucky Horse Park, Lexington Ballet Company, and the Lexington Opera House. Home to the University of Kentucky and Transylvania University, the city offers excellent educational opportunities and a local economy powered by healthcare, manufacturing, and horse racing.
Nature enthusiasts can enjoy the many parks and outdoor recreation areas, including the Raven Run Nature Sanctuary, the Legacy Trail, and McConnell Springs Park. Lexington is also known for its unique food scene, with many restaurants showcasing Southern cuisine and local flavors. Lexington also offers an impressive lineup of events like the Kentucky Derby Festival and the Keeneland Racecourse.
With its beautiful horse farms, friendly community spirit, and cultural and recreational opportunities, Lexington is a great place to call home for those who appreciate a blend of urban and rural lifestyles.
As of May 2025, Lexington's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lexington's average rent is 8.2% ($104) higher than the Kentucky average of $1,262 and 23.8% ($427) lower than the U.S. average of $1,793.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,158 | 37.7% ($702) | 12.6% ($130) |
| 2 Beds | $1,431 | 36.4% ($819) | 12.8% ($162) |
| 3 Beds | $1,740 | 38.5% ($1089) | 8.1% ($131) |
| Nearby Cities | Average Rent | Avg. Rent vs. LexingtonAverage Rent vs. Lexington | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Nicholasville | $1,494 | 9.4% ($128) | 35 days |
| Versailles | $955 | 30.1% ($411) | 30 days |
| Georgetown | $1,695 | 24.1% ($329) | 36 days |
| Paris | $960 | 29.7% ($406) | 36 days |
| Winchester | $1,007 | 26.3% ($359) | 32 days |
Explore rental prices, market trends, and availability in Lexington, KY.
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