Zip Code

Average Rent in 40503

40503 is a zip code in Lexington-Fayette, KY MSA. It ranks #10 out of 25 for places to rent. 40503 is in
the state of
Kentucky,
the county of
Fayette County,
the congressional district of
District 06 and
the cities of
Deerfield, Lexington. Dwellsy has rental data there are no sections, 33 neighborhoods and no rental communities in 40503.
The average rent over the last 3 months for places in 40503 is $1,541 which represents a decrease of -18.94% over the same period.

Rental Price Comparison

The average rent for places in zip 40503 currently stands at $1,541.
In comparison, places in the average state, specifically Kentucky, is less expensive, with an average rent of $1,306. This represents a difference of -15% when compared to 40503.
Meanwhile, in the average msa of Lexington-Fayette, KY MSA, the average rent for the same type of housing is $1,404, showing a less expensive of -9% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,845. This constitutes a more expensive by +20% when compared to the rent in 40503.
$1,541
40503
VS
$1,306
-15%
KY, state
$1,404
-9%
Lexington-Fayette, KY MSA, msa
$1,845
+20%
USA, us

Average price for rental listings over the last 3 months. Last updated April 19 2026