Updated 5+ Days Ago
Location
231 Walton Ave #405, Lexington, KY 40502, USA
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Property Overview
Conveniently located in Lexington’s 40502 area, this home offers a practical mix of location advantages and appealing features. It may be a strong fit for buyers who value accessibility, neighborhood convenience, and a property with distinctive characteristics that add interest and everyday livability.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- More space
- Extra Storage
Great for
Social life
Wellness
Amenities for 231 Walton Ave #405
Apartment Amenities
| 2 Floors | Carpet |
| Ceiling Fan | Electric Heating |
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Exterior Type: HardiPlank Type | Fitness Center |
| Laundry Room | Residents Lounge |
Grounds
| Storage |
Other
| Architecture Style: Contemporary | Exterior Type: Brick Veneer |
| Six Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 231 Walton Ave #405
Property Status: Active Introducing 231 Walton, where sleek sophistication meets modern comfort in this one-bedroom, one-bath haven. Step into luxury with upscale touches at every turn. This top level unit is a two bedroom, two full bath with lots of natural light and spacious closets. The kitchen features quartz countertops and stainless steel appliances, with open concept into living room. Plenty of storage with multiple large closets and convenience of an in-unit washer and dryer. Bonus lofted area is perfect for a home office, gym, or additional storage. Step out onto your private patio for great views and fresh air. Experience lavish living with access to fitness center, secure key fob entry, communal lounge with outdoor patio. All in a coveted location bordered by Bell Court, Kenwick, and National Ave convenience is at your doorstep. With downtown just a short stroll away, immerse yourself in the vibrant city scene. Available now. (Photos are of similar style unit) Office Phone: (859) 255-6706 Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 231 Walton Ave #405 compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.4 miles away
- More space
- The 2-bedroom is 257 sqft larger than other listings nearby
- Extra Storage
- In-unit features
- Fitness center
- A gym just a few steps away
- Images available
- There are at least 10 photos of this address
- Walk-in closet
- Rentals here may include more closet space than average
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.1 miles away
Address details
| Zip code | 40502 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Lexington
2-bedroom apartments at 231 Walton Ave #405 cost about 34% more than the average rent price for 2-bedroom apartments in Lexington.
Median rents as of Oct 3 2026.
Lexington
| Month | Median Rent |
|---|---|
| October 2024 | $1,372 |
| November 2024 | $1,368 |
| December 2024 | $1,310 |
| January 2025 | $1,315 |
| February 2025 | $1,320 |
| March 2025 | $1,325 |
| April 2025 | $1,323 |
| May 2025 | $1,379 |
| June 2025 | $1,364 |
| July 2025 | $1,369 |
| August 2025 | $1,364 |
| September 2025 | $1,368 |
| October 2025 | $1,378 |
| November 2025 | $1,324 |
| December 2025 | $1,296 |
| January 2026 | $1,307 |
| February 2026 | $1,295 |
| March 2026 | $1,295 |
| April 2026 | $1,298 |
| May 2026 | $1,339 |
| June 2026 | $1,350 |
| July 2026 | $1,352 |
| August 2026 | $1,360 |
| September 2026 | $1,350 |
| October 2026 | $1,345 |
Affordability calculator
Can I afford to live at 231 Walton Ave #405?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$72,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $72,000 annually to afford this 2-bedrooms monthly rent price of $1,800.
For more information on rent affordability, visit our rent calculator.
Schools near 231 Walton Ave #405
Ashland Elementary School
195 n ashland ave
lexington, KY, 40502
K-5Public
A
Fcps Virtual Academy
701 east main st
lexington, KY, 40502
K-12Public
Booker T. Washington Elementary School
707 howard st
lexington, KY, 40508
PK, K-5Public
C+
Fayette Pre-School
465 springhill dr
lexington, KY, 40503
PKPublic
Fayette County Preschool
165 springhill dr
lexington, KY, 40503
PKPublic
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Internet available near 231 Walton Ave #405
Getting around Lexington near 231 Walton Ave #405
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 231 Walton Ave #405, Lexington
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
6/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
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