3-Bedroom Rent · August 2026

3-Bedroom Apartment Rent in Lexington, KY

$1,713/mo

Median asking rent for a 3-bedroom apartment in Lexington, Kentucky as of August 2026. That's +10% higher than the citywide median of $1,552 and +20% below the national 3-bedroom median of $2,130.

3-Bedroom median
$1,713
August 2026
vs city overall
+10%
$1,552 city median
vs national
-20%
$2,130 US median
Kentucky rank
#27
of 36 cities

Income needed for a 3-bedroom in Lexington

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 3-bedroom at the current median rent.

Annual income
$68,520
Monthly gross
$5,710
Hourly (full-time)
$32.94

Rent by apartment size in Lexington

Compare Lexington's median rent across every apartment size.

Studio
$864
1-Bedroom
$1,061
2-Bedroom
$1,261
3-Bedroom (current)
$1,713
4+ Bedroom
$1,929

Cheapest cities for a 3-bedroom in Kentucky

#City3-Bedroom rent
1Morehead$1,110
2Franklin$1,132
3Bardstown$1,270
4Paducah$1,270
5Murray$1,300
6Richmond$1,330
7Lawrenceburg$1,370
8Radcliff$1,420
9Bowling Green$1,433
10Nicholasville$1,440
11Versailles$1,440
12Winchester$1,440
13Owensboro$1,530
14Frankfort$1,540
15Newport$1,540

Most expensive cities for a 3-bedroom in Kentucky

#City3-Bedroom rent
1Prospect$2,580
2Hebron$2,210
3Burlington$2,100
4Independence$1,990
5Florence$1,900
6Vine Grove$1,870
7Louisville$1,818
8La Grange$1,770
9Erlanger$1,720
10Lexington (this page)$1,713
11Fort Thomas$1,710
12Oak Grove$1,680
13Elizabethtown$1,600
14Fort Wright$1,598
15Shepherdsville$1,590

Nearby cities — 3-bedroom rent

Considering nearby alternatives? 5 of these cities have cheaper 3-bedroom rents than Lexington.

CityDistance3-Bedroom rentvs Lexington
Nicholasville, KY11.3 mi$1,440$-273 (-16%)
Georgetown, KY15.9 mi$1,550$-163 (-10%)
Versailles, KY17 mi$1,440$-273 (-16%)
Richmond, KY21.9 mi$1,330$-383 (-22%)
Winchester, KY24.3 mi$1,440$-273 (-16%)
Frankfort, KY29.8 mi$1,540$-173 (-10%)
Franklin, KY30.1 mi$1,132$-581 (-34%)
Lawrenceburg, KY33.6 mi$1,370$-343 (-20%)
Shelbyville, KY51.1 mi$1,540$-173 (-10%)
Independence, KY63.1 mi$1,990+$277 (+16%)
Florence, KY68.4 mi$1,900+$187 (+11%)
La Grange, KY68.7 mi$1,770+$57 (+3%)

3-Bedroom rent in Lexington — common questions

How much is a 3-bedroom apartment in Lexington?

As of August 2026, the median 3-bedroom apartment rent in Lexington, Kentucky is $1,713 per month. This is +10% higher than the citywide median of $1,552.

What income do you need to afford a 3-bedroom in Lexington?

Using the standard 30% rent-to-income rule, you would need an annual income of about $68,520 ($5,710/month gross), which works out to roughly $32.94/hour at a full-time job.

Is Lexington expensive for a 3-bedroom compared to the rest of the US?

Lexington's 3-bedroom median of $1,713 is +20% below the national 3-bedroom median of $2,130. It ranks in the 28th percentile of US cities tracked.

How does Lexington rank for 3-bedroom rent in Kentucky?

Among the 36 cities in Kentucky with 3-bedroom data, Lexington ranks #27 from cheapest to most expensive.

Are there cheaper 3-bedroom options near Lexington?

Yes — nearby cities with cheaper 3-bedroom rents include Nicholasville ($1,440), Georgetown ($1,550), Versailles ($1,440).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Lexington, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (August 2026) and exclude cities with median rent below $400 or above $20,000.