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Studio Condos for Rent in Lexington, KY

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  • /22

    $1,620 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Lexington - Nicholasville Road

    2650 Wilhite Dr, Lexington, KY 40503

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Lexington - Nicholasville Road

    2650 Wilhite Dr, Lexington, KY 40503
  • /35

    $1,650 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Lexington - Tates Creek

    3575 Tates Creek Rd, Lexington, KY 40517

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Lexington - Tates Creek

    3575 Tates Creek Rd, Lexington, KY 40517
  • /14

    $875 Per Month

    • Studio
    • 1 Bath
    • 432 Sq Ft
    • Condo for Rent

    562 Woodland Ave Unit 10, Lexington, KY 40508

    *Available for showing and lease signing now! Lease dates as early as May 15th 2026! - July 2027.This cute condo is nestled in the heart of Lexington, just a short distance from campus and the best local spots. Neutral painting makes decorating a breeze! Residents are only responsible for electric and internet! Video Tour: This is a NO SMOKING home. Smoking is not

    562 Woodland Ave Unit 10, Lexington, KY 40508

Frequently Asked Questions

How much does it cost to rent a condo in Lexington, KY?
The median rent for a condo in Lexington, KY is $1,250 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Lexington, KY?
To comfortably afford the median rent in Lexington, KY, a household needs to earn roughly $71,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,795 per month in Lexington, KY, renters typically need to show $5,385 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lexington, KY?
In Lexington, KY, the price-to-rent ratio is 16.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$1,250
Median 1 Bedroom Condo Rent
$950
Median 2 Bedroom Condo Rent
$1,471
Median 3 Bedroom Condo Rent
$1,725
How to Rent a Home