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Preakness Apartments
1707-1724 Versailles Rd
Lexington, KY 40504
Lexington, KY 40504
- 1–3 Bedrooms
- 667–963Square Feet
About Preakness Apartments
Experience great living at Preakness Apartments in Lexington! We offer a variety of floorplans along with great property amenities such as picnic and playground areas, laundry facilities, and plenty of space for you and your furry friend to get some fresh air around our welcoming community. Each apartment features updated rooms featuring fresh flooring, modern appliances, and contemporary fixtures. Call today to schedule your tour! Ask today about our FREE RENT special for all new residents!
Preakness Apartments is located in the Red Mile Neighborhood and 40504 Zip code of Lexington, KY.
Property Contact Info
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Floorplan Pricing and Availability
New! Interactive Property Map
ApartmentHomeLiving.com's new Interactive Property Map allows you to see where every available unit is located at this community.Try It Now >1 Bedroom
Floorplan P11
$750
1 Bed, 1 Bath, 667 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $750 Available Now 730-7 667 $500 $750 January 27, 2026 1718-G19 667 $500 $750 January 30, 2026 730-1 667 $500 Model Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Renovation Unit
Unit 730-7 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Renovation Unit
Model Rent and Fees
Price
- $750
Unit 1718-G19 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Renovation Unit
Model Rent and Fees
Price
- $750
Unit 730-1 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Renovation Unit
Model Rent and Fees
Price
- $750
Apartment Model: P111 Bedroom, 1 Bath, 667 sq ftAvailable Now![]()
P11 - Floorplan 1 ![]()
P11 - Floorplan 2 ![]()
P11 - Floorplan 3 ![]()
P11 - Floorplan 4 Apartment Unit: 730-7Apartment Model: P111 Bedroom, 1 Bath, 667 sq ftAvailable NowApartment Unit: 1718-G19Apartment Model: P111 Bedroom, 1 Bath, 667 sq ftAvailable January 27, 2026Apartment Unit: 730-1Apartment Model: P111 Bedroom, 1 Bath, 667 sq ftAvailable January 30, 2026P11U
From $863
1 Bed, 1 Bath, 667-778 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $863 Available Now 1728-308 667 $500 $863 January 30, 2026 1728-301 667 $500 $863 January 30, 2026 1728-302 667 $500 Model Amenities and Features
Unique Features
- Full Renovation Unit
Unit 1728-308 Amenities and Features
Unique Features
- Full Renovation Unit
Model Rent and Fees
Model Price Range
- $805 - $863
Unit 1728-301 Amenities and Features
Unique Features
- Full Renovation Unit
Model Rent and Fees
Model Price Range
- $805 - $863
Unit 1728-302 Amenities and Features
Unique Features
- Full Renovation Unit
Model Rent and Fees
Model Price Range
- $805 - $863
Apartment Model: P11U1 Bedroom, 1 Bath, 667-778 sq ftAvailable Now![]()
P11U - Floorplan 1 Apartment Unit: 1728-308Apartment Model: P11U1 Bedroom, 1 Bath, 667 sq ftAvailable NowApartment Unit: 1728-301Apartment Model: P11U1 Bedroom, 1 Bath, 667 sq ftAvailable January 30, 2026Apartment Unit: 1728-302Apartment Model: P11U1 Bedroom, 1 Bath, 667 sq ftAvailable January 30, 20262 Bedrooms
Show Unavailable FloorplansFloorplan P21
From $900
2 Beds, 1 Bath, 924 sq ftAvailable January 21, 2026Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $900 January 21, 2026 1691-5 924 $500 $900 January 30, 2026 1691-2 924 $500 $900 January 30, 2026 1691-9 924 $500 Model Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Renovation Unit
Unit 1691-5 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Renovation Unit
Model Rent and Fees
Model Price Range
- $815 - $900
Unit 1691-2 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Renovation Unit
Model Rent and Fees
Model Price Range
- $815 - $900
Unit 1691-9 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Renovation Unit
Model Rent and Fees
Model Price Range
- $815 - $900
Apartment Model: P212 Bedroom, 1 Bath, 924 sq ftAvailable January 21, 2026![]()
P21 - Floorplan 1 Apartment Unit: 1691-5Apartment Model: P212 Bedroom, 1 Bath, 924 sq ftAvailable January 21, 2026Apartment Unit: 1691-2Apartment Model: P212 Bedroom, 1 Bath, 924 sq ftAvailable January 30, 2026Apartment Unit: 1691-9Apartment Model: P212 Bedroom, 1 Bath, 924 sq ftAvailable January 30, 2026P21U
$980
2 Beds, 1 Bath, 924-963 sq ftAvailable February 8, 2026Largest 2 BedroomThis is the largest 2 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit $980 February 8, 2026 1728-415 924 $500 Unit 1728-415 Amenities and Features
Unique Features
- Full Renovation Unit
Model Rent and Fees
Price
- $980
Apartment Model: P21U2 Bedroom, 1 Bath, 924-963 sq ftAvailable February 8, 2026![]()
P21U - Floorplan 1 Apartment Unit: 1728-415Apartment Model: P21U2 Bedroom, 1 Bath, 924 sq ftAvailable February 8, 2026P21R
2 Beds, 1 Bath, 924 sq ftAvailability Details
Availability Date Unit Sq Ft Unavailable P21R 924 sq ft Model Amenities and Features
Unique Features
- Full Renovation Unit
3 Bedrooms
Floorplan P31
3 Beds, 1 Bath, 924 sq ftModel Gallery
Floorplans
Photos
Availability Details
Availability Date Unit Sq Ft Unavailable P31 924 sq ft Model Amenities and Features
Unique Features
- Full Renovation Unit
Apartment Model: P313 Bedroom, 1 Bath, 924 sq ftUnavailableFloorplansPhotos![]()
P31 - Image 1 ![]()
P31 - Image 2 ![]()
P31 - Image 3 ![]()
P31 - Image 4 ![]()
P31 - Image 5 ![]()
P31 - Floorplan 6
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
Property Information
- Renovated In 1972
- 222 Units
- 3 Stories
- Built in 1968
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Lease Terms
- 12 mo
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Required Fees
One-Time Move-In Fees
- Due at Application
- Application Fee Per ApplicantiCharged per applicant$50
Utilities & Essentials
- Utility Service FeeiCharged per unit$7/mo
- Pest ControliCharged per unit$5/mo
- Trash FeesiCharged per unit$10/mo
- Water/Sewer ReimbursementiCharged per unit$15/mo
Other Fees
Pet Fees
- One-Time Pet FeeiCharged per Pet$250
- Monthly Pet FeeiCharged per Pet$30
- One-Time Pet FeeiCharged per Pet$250
- Monthly Pet FeeiCharged per Pet$30
- One-Time Pet FeeiCharged per Pet$250
- Monthly Pet FeeiCharged per Pet$30
- 2 Pet Limit
- 2 Pet Limit
- 100 Lb Weight Limit
- 2 Pet Limit
Dog
Cat
Bird
Birds
Dogs
Cats
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
Unique Amenities
- Full Renovation Unit
Map
1707-1724 Versailles Rd, Lexington, KY 40504
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Nearby Properties
Map
Hours and Contact Info
Open Now
Currently Closed
By Appointment
| Monday | 9:00 am–5:00 pm |
| Tuesday | 9:00 am–5:00 pm |
| Wednesday | 9:00 am–5:00 pm |
| Thursday | 9:00 am–5:00 pm |
| Friday | 9:00 am–5:00 pm |
| Saturday | Closed |
| Sunday | Closed |
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Renters Reviews and Ratings
Amazing Staff
July 23, 2024The new staff at Preakness Apartments (Ashley and Missy) have really improved lives here. We are able to go in and talk to them. They really seem to care. Any complaints my husband and I have are delt with swiftly.Review from Apartments.com
DO NOT LIVE HERE
December 26, 2023Absolutely disgusting and poor management. The apartment was INFESTED with roaches, there was mold in the bathroom, a hole in the ceiling above the shower that allowed water from the upstairs neighbor's shower to drip into our apartment, and we could hear animals living in the wall. We had sewage back up into our tub and it took management THREE days to do anything about it. We had mentioned the roaches to management multiple times but they didn't even attempt to do anything about it. Our air ...conditioner was out for almost FOUR months and it took multiple messages to management and actually going to their office several times before they did anything about it. I highly recommend you avoid this place.Read MoreReview from Apartments.com
Nearby Schools
James Lane Allen Elementary School
Fayette County
1901 Appomattox Road
Public School - Grades PK-5 (420 Students)
In Attendance Zone3 minute drive / 1.0 miles away
Lafayette High School
Fayette County
401 Reed Lane
Public School - Grades 9-12 (2432 Students)
In Attendance Zone4 minute drive / 1.6 miles away
Beaumont Middle School
Fayette County
2080 Georgian Way
Public School - Grades 6-8 (843 Students)
In Attendance Zone5 minute drive / 1.7 miles away
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.
About GreatSchools Data on ApartmentHomeLiving.com.
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Preakness Apartments.
Arts Museums and Landmarks
Big Box and Retail
Kroger
1808 Alexandria Dr
3 minute drive / 1.03 miles away
Walgreens
110 Towne Center Dr
4 minute drive / 1.41 miles away
Colleges and Universities
Groceries
Kroger
1808 Alexandria Dr
3 minute drive / 1.03 miles away
Trader Joe's
2326 Nicholasville Rd
7 minute drive / 3.33 miles away
Publix
3801 Harrodsburg Rd
8 minute drive / 3.74 miles away
Hospitals
Parks and Recreation
Preakness Apartments has 3 parks within 9.5 miles, including The Arboretum State Botanical Garden, Ashland, and Equus Run Vineyards.
Shopping Centers
Preakness Apartments has 5 shopping centers within 1.4 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington Studio Apartments | $1,154 | $525 | $1,745 |
| Lexington 1 Bedroom Apartments | $1,233 | $595 | $3,199 |
| Lexington 2 Bedroom Apartments | $1,513 | $805 | $5,699 |
| Lexington 3 Bedroom Apartments | $1,889 | $854 | $3,320 |
| Lexington 4 Bedroom Apartments | $1,483 | $739 | $3,600 |
Nearby Apartments
Nearby Homes
Did You Know?
22% of apartment shoppers plan to spend 4-6 months in their apartment search.