Studios340 - All Inclusive Pricing
340 Legion Dr,
Lexington, KY 40504
$1,255 - $1,995 Total Monthly Price
Studio - 1 Bed
Area Guide
Downtown Lexington Lexington, KY
A charming downtown district that’s home to the University of Kentucky
University
•
College Town
•
Entertainment
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 May 2026, the average apartment rent in Downtown Lexington is $1,140 for a studio, $896 for one bedroom, $1,506 for two bedrooms, and $1,493 for three bedrooms. Apartment rent in Downtown Lexington has increased by 3.4% in the past year.
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Studio
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386 sq ft
Average Sq Ft
-
$1,140/month
Average Rent
-
1 BR
-
520 sq ft
Average Sq Ft
-
$896/month
Average Rent
-
2 BR
-
511 sq ft
Average Sq Ft
-
$1,506/month
Average Rent
-
3 BR
-
875 sq ft
Average Sq Ft
-
$1,493/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Lexington - Lexington, KY is for everyday living.
Moderately Walkable
Walkability
70
/ 100
Good Public Transit
Transit
60
/ 100
Moderately Drivable
Drivability
70
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Daily Essentials
Downtown Lexington - Lexington, KY offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 15 Minute Walk
Groceries
70
/ 100
Great Restaurant Variety Nearby
Restaurants
80
/ 100
Good Café Variety Nearby
Cafes
60
/ 100
Good Variety of Shops Nearby
Shopping
60
/ 100
Recreation
Downtown Lexington - Lexington, KY provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
70
/ 100
Good Wellness Amenity Variety Nearby
Wellness
60
/ 100
Local Vibe
Get a sense of what it’s like to live in Downtown Lexington - Lexington, KY from everyday activity to noise and nightlife.
Vibrant Atmosphere
Vibrancy
60
/ 100
Exceptional Nightlife Variety Nearby
Nightlife
100
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Explorium
- State Botanical Garden of Kentucky
- Waveland State Historic Site
- Kentucky Horse Park
Military Bases
Airports
- Blue Grass
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Houses for Rent in Downtown Lexington
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.