Neighborhood
Average Rent in Melrose-Oak Park
Melrose-Oak Park is a neighborhood in Lexington, KY. It ranks #24 out of 50 for places to rent. Melrose-Oak Park is in
the county of
Fayette County and no congressional districts. Dwellsy has rental data for Melrose-Oak Park includes the zip code of
40508, 50 neighborhoods and no rental communities with places to rent.The average rent over the last 3 months for places in Melrose-Oak Park is $1,450 which represents a decrease of -17.24% over the same period.
Rental Price Comparison
The average rent for places in neighborhood Melrose-Oak Park currently stands at $1,450.
In comparison, places in the average city, specifically Lexington, is more expensive, with an average rent of $1,469. This represents a difference of +1% when compared to Melrose-Oak Park.
Meanwhile, in the average state of Kentucky, the average rent for the same type of housing is $1,282, showing a less expensive of -12% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,861. This constitutes a more expensive by +28% when compared to the rent in Melrose-Oak Park.
$1,450
Melrose-Oak Park
VS$1,469
+1%
Lexington, city
$1,282
-12%
KY, state
$1,861
+28%
USA, us
Average price for rental listings over the last 3 months. Last updated June 7 2026