Reservorir, Lexington, KY Rental Market Trends
Average rent in Reservorir, Lexington, KY by Number of Bedrooms
The chart below shows the average rent in Reservorir, Lexington, KY for apartments by number of bedrooms:
Average apartment size in Reservorir, Lexington, KY
The average apartment size in Reservorir, Lexington, KY is 792 sqft, which is -21% below the U.S. national average apartment size of 1,003 sqft. This graph illustrates average size in Reservorir, Lexington, KY for each unit type:
Average Rent in Lexington, KY by Neighborhood
There are 10 neighborhoods in Lexington, KY . Blueberry Hill-Brigadoon-Stoneybrook-Baralto is the most expensive neighborhood, with an average rent of $1,363 ($1.43 per sqft), and Southeastern Hills is the most affordable neighborhood in Lexington, KY , with an average rent of $785 ($0.87 per sqft). The following tables show the Top 5 neighborhoods in Lexington, KY by average rent and the top 5 most affordable neighborhoods in Lexington, KY by average rent:
Top 5 most expensive neighborhoods in Lexington, KY by average rent:
Top 5 most affordable neighborhoods in Lexington, KY by average rent:
Average Rent in Lexington, KY by Zip Code
There are 11 zip codes in Lexington, KY . 29720 is the most expensive zip code, with an average rent of $1,711 ($1.57 per sqft), and 40504 is the most affordable zip code in Lexington, KY , with an average rent of $875 ($1.18 per sqft). The following tables show the Top 5 zip codes in Lexington, KY by average rent and the top 5 most affordable zip codes in Lexington, KY by average rent:
Top 5 most expensive zip codes in Lexington, KY by average rent:
Top 5 most affordable zip codes in Lexington, KY by average rent:
Average Apartment Listing Volume and Average Time on Market in Reservorir, Lexington, KY
Average number of days on market in Reservorir, Lexington, KY
The average listing remains on the market for 10 days in Reservorir, Lexington, KY. This is equal to the national average time on market of 10 days for apartment listings. The chart below shows how many units remain on the market by number of days in Reservorir, Lexington, KY:
Available Apartments in Reservorir, Lexington, KY by Unit Type
On May 28, 2023 Hello Data, Inc. surveyed 41 active apartment listings in Reservorir, Lexington, KY. The graph below shows the breakdown of multifamily units listed by bedroom count:
Frequently Asked Questions – Reservorir, Lexington, KY Average Rents
What are the most affordable neighborhoods in Lexington, KY?
The most affordable neighborhoods in Lexington, KY are Southeastern Hills, where the average rent is $785 ($0.87 per sqft) and Cardinal Hill-Pine Meadow, where renters pay $800 ($0.87 per sqft) per month on average.
What are the most expensive neighborhoods in Lexington, KY?
The most expensive neighborhoods in Lexington, KY are Blueberry Hill-Brigadoon-Stoneybrook-Baralto, with an average rent of $1,363 ($1.43 per sqft) and Central Downtown, with an average rent of $1,350 ($1.55 per sqft) per month.
What are the most popular neighborhoods in Lexington, KY?
The most popular neighborhoods in Lexington, KY are Reservorir, with 42 active listings as of May 28, 2023 and Cardinal Hill-Pine Meadow, with 22 active listings as of May 28, 2023.
How much is a 1 Bedroom apartment in Reservorir, Lexington, KY?
The average monthly rental price for 1 Bedroom apartments in Reservorir, Lexington, KY is $1,125 ($1.65 per sqft).
How much is a 2 Bedroom apartment in Reservorir, Lexington, KY?
The average monthly rental price for 2 Bedroom apartments in Reservorir, Lexington, KY is $1,286 ($1.35 per sqft).