Lexington Property Management

Earn more and stress less with all the tools + expert services you need to manage your rental property in Lexington.

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See why thousands of homeowners love being part of the Nomad community

$250M+

Total rent guaranteed

10,000+

Owners served

About Nomad

Nomad makes it easy to rent your Lexington long-term property and provides financial certainty with guaranteed rent and $500k in property protection. With flexible marketing services, you can choose how involved you want to be in marketing the property and finding tenants. Plus, all owners get access to the owner’s portal where you can track earnings, manage maintenance requests and more!

Renting in Lexington

Lexington is close to an even split, with about 46% of occupied homes rented, and 58% of its housing is single-family detached, per the U.S. Census Bureau's 2020–2024 American Community Survey. Half the homes were built before 1985, and homes built before 1978 need a federal lead-based paint disclosure. The median renter household pays $1,164 a month including utilities. That figure includes apartments, so price a house against comparable houses.

The Nomad Difference

Guaranteed Rent for Lexington landlords

Investment properties can be risky. Grow your wealth worry free with the best landlord financial protections in the industry. Only Nomad offers Guaranteed Rent, $500,000 of Property Protection, and Rent Advance.

"Nomad was incredibly helpful in talking us through the options and mapping out the financial implications for our potential scenarios."

Lauren

Nomad Homeowner since 2020

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Kentucky rules every landlord should know

Security deposit limit: No statutory limit
Deposit return deadline: No fixed deadline. Where the city or county has adopted the URLTA, the landlord must notify the tenant of any refund due
Late fee limit: No statutory limit
Notice before entering: 2 days, except in an emergency, where the city or county has adopted the URLTA; no statutory requirement elsewhere
Notice to end a month-to-month lease: 30 days in writing before the rent due date where the URLTA applies; 1 month in writing elsewhere

Reviewed October 2026. General information, not legal advice.

“Great overall experience finding eligible tenants for my property. Good communication throughout the process and helpful feedback.”

Richard O.

Kentucky · since 2026