Studio Apartment Rent in Lexington, KY
Median asking rent for a studio apartment in Lexington, Kentucky as of August 2026. That's +44% lower than the citywide median of $1,552 and +33% below the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Lexington
Compare Lexington's median rent across every apartment size.
Cheapest cities for a studio in Kentucky
| # | City | Studio rent |
|---|---|---|
| 1 | Morehead | $630 |
| 2 | Bardstown | $660 |
| 3 | Paducah | $720 |
| 4 | Nicholasville | $730 |
| 5 | Versailles | $730 |
| 6 | Winchester | $730 |
| 7 | Richmond | $740 |
| 8 | Murray | $770 |
| 9 | Georgetown | $780 |
| 10 | Lawrenceburg | $780 |
| 11 | Hopkinsville | $800 |
| 12 | Newport | $800 |
| 13 | Radcliff | $800 |
| 14 | Bellevue | $820 |
| 15 | Dayton | $820 |
Most expensive cities for a studio in Kentucky
| # | City | Studio rent |
|---|---|---|
| 1 | Prospect | $1,510 |
| 2 | Hebron | $1,150 |
| 3 | Burlington | $1,080 |
| 4 | Louisville | $1,061 |
| 5 | Vine Grove | $1,060 |
| 6 | La Grange | $1,030 |
| 7 | Independence | $1,030 |
| 8 | Florence | $980 |
| 9 | Shelbyville | $940 |
| 10 | Shepherdsville | $930 |
| 11 | Elizabethtown | $910 |
| 12 | Oak Grove | $890 |
| 13 | Fort Thomas | $890 |
| 14 | Erlanger | $890 |
| 15 | Bowling Green | $890 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Lexington.
| City | Distance | Studio rent | vs Lexington |
|---|---|---|---|
| Nicholasville, KY | 11.3 mi | $730 | $-134 (-16%) |
| Georgetown, KY | 15.9 mi | $780 | $-84 (-10%) |
| Versailles, KY | 17 mi | $730 | $-134 (-16%) |
| Richmond, KY | 21.9 mi | $740 | $-124 (-14%) |
| Winchester, KY | 24.3 mi | $730 | $-134 (-16%) |
| Frankfort, KY | 29.8 mi | $880 | +$16 (+2%) |
| Lawrenceburg, KY | 33.6 mi | $780 | $-84 (-10%) |
| Shelbyville, KY | 51.1 mi | $940 | +$76 (+9%) |
| Independence, KY | 63.1 mi | $1,030 | +$166 (+19%) |
| Florence, KY | 68.4 mi | $980 | +$116 (+13%) |
| La Grange, KY | 68.7 mi | $1,030 | +$166 (+19%) |
| Bardstown, KY | 68.8 mi | $660 | $-204 (-24%) |
Studio rent in Lexington — common questions
How much is a studio apartment in Lexington?
As of August 2026, the median studio apartment rent in Lexington, Kentucky is $864 per month. This is +44% below the citywide median of $1,552.
What income do you need to afford a studio in Lexington?
Using the standard 30% rent-to-income rule, you would need an annual income of about $34,560 ($2,880/month gross), which works out to roughly $16.62/hour at a full-time job.
Is Lexington expensive for a studio compared to the rest of the US?
Lexington's studio median of $864 is +33% below the national studio median of $1,290. It ranks in the 15th percentile of US cities tracked.
How does Lexington rank for studio rent in Kentucky?
Among the 34 cities in Kentucky with studio data, Lexington ranks #17 from cheapest to most expensive.
Are there cheaper studio options near Lexington?
Yes — nearby cities with cheaper studio rents include Nicholasville ($730), Georgetown ($780), Versailles ($730).