Preakness Apartments

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1707-1724 Versailles Rd, Lexington, KY 40504
(859) 413-4543
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Preakness Apartments

1707-1724 Versailles Rd
Lexington, KY 40504
(859) 413-4543
Preakness Apartments in Lexington, KY - Building Photo
  • 1–3 Bedrooms
  • $745–$1,050Available Unit Pricing
  • 667–924Square 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

Floorplan Pricing and Availability

Preakness Apartments offers 1 to 3 Bedroom apartments starting from $745 and having 667–924 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    From $745

    Floorplan P11

    1 Bed, 1 Bath, 667 sq ftAvailable Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $745Available Now1718-G17667$745
    $745Available Now1718-G24667$745
    $745 December 31, 20241718-F05667$745

    Model Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unique Features

    • Full Renovation Unit

    Model Rent and Fees

    Price

    • $745

    Deposit

    • $745 deposit

    Unit 1718-G17 Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unique Features

    • Full Renovation Unit

    Unit 1718-G17 Rent and Fees

    Price

    • $745

    Deposit

    • $745 deposit

    Model Rent and Fees

    Price

    • $745

    Unit 1718-G24 Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unique Features

    • Full Renovation Unit

    Unit 1718-G24 Rent and Fees

    Price

    • $745

    Deposit

    • $745 deposit

    Model Rent and Fees

    Price

    • $745

    Unit 1718-F05 Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unique Features

    • Full Renovation Unit

    Unit 1718-F05 Rent and Fees

    Price

    • $745

    Deposit

    • $745 deposit

    Model Rent and Fees

    Price

    • $745
  • 2 Bedrooms

    From $900

    Floorplan P21

    2 Beds, 1 Bath, 924 sq ftAvailable Dec 31

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $900 December 31, 20241692-1924$900
    $900 December 31, 20241692-6924$900
    $900 January 31, 20251691-3924$900

    Model Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unique Features

    • Full Renovation Unit

    Model Rent and Fees

    Price

    • $900

    Deposit

    • $900 deposit

    Unit 1692-1 Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unique Features

    • Full Renovation Unit

    Unit 1692-1 Rent and Fees

    Price

    • $900

    Deposit

    • $900 deposit

    Model Rent and Fees

    Price

    • $900

    Unit 1692-6 Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unique Features

    • Full Renovation Unit

    Unit 1692-6 Rent and Fees

    Price

    • $900

    Deposit

    • $900 deposit

    Model Rent and Fees

    Price

    • $900

    Unit 1691-3 Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unique Features

    • Full Renovation Unit

    Unit 1691-3 Rent and Fees

    Price

    • $900

    Deposit

    • $900 deposit

    Model Rent and Fees

    Price

    • $900

    P21R

    2 Beds, 1 Bath, 924 sq ft 

    Availability Details

    Availability DateUnitSq Ft
    UnavailableP21R924 sq ft

    Model Amenities and Features

    Unique Features

    • Full Renovation Unit
    Show Unavailable Floorplans
  • 3 Bedrooms

    From $1,050

    Floorplan P31

    3 Beds, 1 Bath, 924 sq ftAvailable Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $1,050Available Now1707-8924$1,050
    $1,050 December 31, 20241707-3924$1,050
    $1,050 January 17, 20251692-9924$1,050

    Model Amenities and Features

    Unique Features

    • Full Renovation Unit

    Model Rent and Fees

    Price

    • $1,050

    Deposit

    • $1,050 deposit

    Unit 1707-8 Amenities and Features

    Unique Features

    • Full Renovation Unit

    Unit 1707-8 Rent and Fees

    Price

    • $1,050

    Deposit

    • $1,050 deposit

    Model Rent and Fees

    Price

    • $1,050

    Unit 1707-3 Amenities and Features

    Unique Features

    • Full Renovation Unit

    Unit 1707-3 Rent and Fees

    Price

    • $1,050

    Deposit

    • $1,050 deposit

    Model Rent and Fees

    Price

    • $1,050

    Unit 1692-9 Amenities and Features

    Unique Features

    • Full Renovation Unit

    Unit 1692-9 Rent and Fees

    Price

    • $1,050

    Deposit

    • $1,050 deposit

    Model Rent and Fees

    Price

    • $1,050
* 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.

Schedule a Tour

Schedule a Tour
Call us at: (859) 413-4543 to schedule a tour.

Property Information

Lease Terms

  • 6 months, 7 months, 8 months, 9 months, 10 months, 11 months, 12 months, 13 months

Pet Policy

Pet Policy - Cats

  • Cats Allowed
  • 2 Pet Limit
  • $30 Monthly Pet Rent
  • $250 Fee

Pet Policy - Dogs

  • Dogs Allowed
  • $250 Fee
  • 100 Lb Weight Limit
  • $30 Monthly Pet Rent
  • 2 Pet Limit

Pet Policy - Birds

  • $30 Monthly Pet Rent
  • $250 Fee
  • 2 Pet Limit

Fee & Deposit Info

One-Time Fees

  • $50 Application Fee

3D Tours

Features and Amenities

Unique Amenities

  • Full Renovation Unit

On-Site Services

  • Property Manager On Site
  • Pet Play Area
  • Laundry Facilities

Community Features

  • Clubhouse
  • Walk Up

Interior Features

  • Windows
  • Heating
  • Tub/Shower
  • Air Conditioning

Kitchen Amenities

  • Dishwasher
  • Oven
  • Range
  • Refrigerator
  • Kitchen

Living Area Features

  • Carpet
Google Map

Map

1707-1724 Versailles Rd, Lexington, KY 40504

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–5:00 pm
Tuesday9:00 am–5:00 pm
Wednesday9:00 am–5:00 pm
Thursday9:00 am–5:00 pm
Friday9:00 am–5:00 pm
SaturdayClosed
SundayClosed

Getting Around

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

30 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Preakness Apartments

Where is Preakness Apartments located?

Preakness Apartments is located at 1707-1724 Versailles Rd near the Red Mile area of Lexington, KY

What is the current rent range at Preakness Apartments?

1 Bedroom to 3 Bedroom Apartments at Preakness Apartments currently range from $745 to $1,050

When is the leasing office open?

  • The office Hours for Preakness Apartments are
  • 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

Are pets allowed?

Yes. Pets are allowed at Preakness Apartments. Call us today for info on moving here with your pet.

Lifestyle Ratings

  • Cost Per Sq.Ft. 3.0

    The Cost Per Square Foot rating shows you the average cost per square foot for floorplans at this community in relation to the local average.

  • Affordability Great Value3.8

    The Preakness Apartments Apartments are 24.0% cheaper than the average apartment in the Red Mile area, and 39.47% cheaper than the average apartment city-wide.

    Rent Comparison to the Red Mile Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$745$1,238-$493-39.8%
    2 Bedroom$900$1,277-$377-29.5%
    3 Bedroom$1,050$1,079-$29-2.7%

    Rent Comparison to the city of Lexington

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$745$1,245-$500-40.2%
    2 Bedroom$900$1,460-$560-38.4%
    3 Bedroom$1,050$1,744-$694-39.8%

    Methodology: On 12/26/2024, ApartmentHomeLiving.com compared current rents by floorplan to 98 other apartment communities in the immediate area around Preakness Apartments (Red Mile), and 754 other apartment communities in Lexington using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 12/26/2024

Learn more about Lifestyle Search

Renters Reviews and Ratings

3.9
2 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
  • Amazing Staff

    July 23, 2024
    The 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, 2023
    Absolutely 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 More
    Review 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
4/10

Lafayette High School

Fayette County
401 Reed Lane
Public School - Grades 9-12 (2432 Students)
In Attendance Zone4 minute drive / 1.6 miles away
8/10

Beaumont Middle School

Fayette County
2080 Georgian Way
Public School - Grades 6-8 (843 Students)
In Attendance Zone5 minute drive / 1.7 miles away
6/10
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.

Points of Interest

Time and distance from Preakness Apartments.

Arts Museums and LandmarksAddressDriveDistance
McConnell Springs416 Rebmann Lane2 min0.8 mi
The Red Mile1200 Red Mile Road3 min1.1 mi
Lexington Opera House401 West Short Street4 min2.0 mi
Big Box and RetailAddressDriveDistance
Kroger1808 Alexandria Dr3 min1.0 mi
Walgreens110 Towne Center Dr4 min1.5 mi
Publix3801 Harrodsburg Rd7 min3.7 mi
Colleges and UniversitiesAddressDriveDistance
University of Kentucky410 Administration Dr.4 min2.1 mi
Transylvania University300 N Broadway4 min2.3 mi
National College, Lexington - Lexington Campus2376 Sir Barton Way13 min6.4 mi
GroceriesAddressDriveDistance
Kroger1808 Alexandria Dr3 min1.0 mi
Trader Joe's2326 Nicholasville Rd6 min3.1 mi
Publix3801 Harrodsburg Rd7 min3.7 mi
HospitalsAddressDriveDistance
University Of Kentucky Hospital800 Rose Street5 min1.9 mi
Baptist Health Lexington1740 Nicholasville Road4 min2.3 mi
Eastern State Hospital1350 Bull Lea Road7 min3.3 mi
Parks and RecreationAddressDriveDistance
The Arboretum State Botanical Garden500 Alumni Drive5 min2.6 mi
Ashland120 Sycamore Rd7 min3.3 mi

Preakness Apartments has 2 parks within 3.6 miles, including The Arboretum State Botanical Garden, and Ashland.

Shopping CentersAddressDriveDistance
Shoppers Village Center2177-2197 Versailles Rd2 min0.7 mi
Gardenside Shopping Center1801 Alexandria Dr3 min1.2 mi
Townley Center121-131 Towne Center Dr4 min1.5 mi

Preakness Apartments has 3 shopping centers within 1.3 miles.

Nearby Neighborhoods

Studio to 6 Bedroom Apartments from $510
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Studio to 6 Bedroom Apartments from $510
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Studio to 6 Bedroom Apartments from $510
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Lexington Studio Apartments $1,183$659$1,745
Lexington 1 Bedroom Apartments $1,245$610$2,719
Lexington 2 Bedroom Apartments $1,460$800$4,600
Lexington 3 Bedroom Apartments $1,744$745$4,094
Lexington 4 Bedroom Apartments $1,272$675$2,780

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Viewing: Preakness Apartments | Desktop Version | Listing Updated: 12/25/2024 | AHLPLA