Downtown Lexington

Lexington, KY

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Downtown Lexington - Lexington, KY

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A charming downtown district that’s home to the University of Kentucky

University College Town Entertainment Charming Small Business

Home to the prestigious University of Kentucky, Downtown Lexington is a thriving business district with a college-town feel. Local restaurants, bars, breweries, and shops line this neighborhood, especially off of Main Street. Downtown is also home to Rupp Arena, an expansive indoor arena that hosts university basketball games, live concerts, and more. For a more intimate theater experience, check out Kentucky Theatre off East Main Street. Downtown Lexington features a few historic sites, including the Mary Todd Lincoln House, home of the First Lady. There is plenty of student housing in this neighborhood, along with apartments that range from affordable to upscale.

Rent Trends

As of December 2024, the average apartment rent in Downtown Lexington is $1,106 for a studio, $810 for one bedroom, $1,378 for two bedrooms, and $1,399 for three bedrooms. Apartment rent in Downtown Lexington has increased by 1.1% in the past year.

  • Studio

  • 380 sq ft

    Average Sq Ft

  • $1,106/month

    Average Rent

  • 1 BR

  • 516 sq ft

    Average Sq Ft

  • $810/month

    Average Rent

  • 2 BR

  • 512 sq ft

    Average Sq Ft

  • $1,378/month

    Average Rent

  • 3 BR

  • 875 sq ft

    Average Sq Ft

  • $1,399/month

    Average Rent

Points of Interest

Parks and Recreation

  • Explorium
  • State Botanical Garden of Kentucky
  • Waveland State Historic Site
  • Kentucky Horse Park

Airports

  • Blue Grass

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