Zumper
modified
2 Days Ago

Highlights

  • Pet Friendly
  • Balcony
  • Washer/dryer
  • Off-street parking for 2 vehicles
  • Central heat & ac, all electric
  • Plenty of shelving, lots of closet space, including a walk-in closet

Location

261 Simpson Ave #231, Lexington, KY 40504, USA

Tour 261 Simpson Ave #231

Contact

Modern Property Management Inc.

(859) 285-1361

Property Overview

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

  • Walk-in closet

Great for

  • Pet owners

Amenities for 261 Simpson Ave #231

Apartment Amenities

BalconyDining Area
Hardwood FloorLots of Closet Space
Walk-in Closet

Appliances

DishwasherIn-Unit Laundry
MicrowaveRange
RefrigeratorWasher and Dryer

Building

Cats OKDogs OK
Non-Smoking

Grounds

Off-Street Parking

Services

Virtual or FaceTime Tours Available

Other

Small Pets Ok
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

Dog policy

Allowed 
Limit1

Cat policy

Allowed 
Limit1
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About 261 Simpson Ave #231

HomeApartments in Lexington 261 Simpson Ave #231, Lexington, KY 40504, USA

261 SIMPSON AVENUE, # 231, Attractive Condominium with 3 Bedrooms & 2 Baths. Beautiful Wood-look LVT Flooring throughout. In Walking Distance (less than a mile!) or a 4 minute drive to the University of Kentucky Medical Center! Located in the Campus Downs Condominiums HOA, and Convenient to Shopping, Restaurants, and Golf Course. Central Heat & AC, All Electric. Spacious at 1,025 sq. feet! Kitchen Appliances include Microwave, Dishwasher, Stove, and Refrigerator. Plenty of Shelving, Lots of Closet Space, including a Walk-in Closet, and comes with Washer/Dryer. Balcony; Central Heating & AC; Off-Street Parking for 2 Vehicles. Tenant pays utilities. Small pets ok. **FALL SPECIAL! 1/2 OFF 2nd Month's Rent!** Managed by MODERN PROPERTY MANAGEMENT, INC. Call 859-388-2000 (Please choose Leasing) for More Information or an Appointment to see this Great Condo! VIRTUAL OR FACETIME TOURS AVAILABLE; For more rentals, see our website at www.mpmlex.com; see us on Facebook!


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 261 Simpson Ave, Lexington, KY 40504, USA compares to other nearby properties.

Positives

Walk-in closet
Rentals here may include more closet space than average

Considerations

Lacks images
Fewer than 10 photos are available for this address

Address details

Zip code40504
TypeCondo for rent

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Rent trends in Lexington

3-bedroom apartments at 261 Simpson Ave #231 cost about 22% less than the average rent price for 3-bedroom apartments in Lexington.

Median rents as of Aug 30 2025.
Lexington
A table of 3-bedroom apartment rental data trends in Lexington
MonthMedian Rent
September 2023$1,650
October 2023$1,650
November 2023$1,601
December 2023$1,594
January 2024$1,547
February 2024$1,556
March 2024$1,626
April 2024$1,650
May 2024$1,686
June 2024$1,698
July 2024$1,685
August 2024$1,672
September 2024$1,728
October 2024$1,699
November 2024$1,695
December 2024$1,682
January 2025$1,696
February 2025$1,696
March 2025$1,735
April 2025$1,724
May 2025$1,725
June 2025$1,772
July 2025$1,799
August 2025$1,829

Affordability calculator

Can I afford to live at 261 Simpson Ave #231?

Bedrooms

3 bedrooms

Rent-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

$58,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $58,000 annually to afford this 3-bedrooms monthly rent price of $1,450.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 261 Simpson Ave, Lexington, KY.
1 year ago$1,3503 bed2 bath
1 year ago$1,8003 bed2 bath
1 year ago$1,5003 bed2 bath
1 year ago$1,3503 bed2 bath
2 years ago$1,1003 bed2 bath
2 years ago$1,1503 bed2 bath
2 years ago$1,1503 bed2 bath
3 years ago$1,2953 bed2 bath
3 years ago$1,1503 bed2 bath

Schools near 261 Simpson Ave #231

Fayette Pre-School

465 springhill dr

lexington, KY, 40503

PKPublic

Picadome Elementary School

1642 harrodsburg rd

lexington, KY, 40504

PK, K-5Public
B+

Fayette County Preschool

165 springhill dr

lexington, KY, 40503

PKPublic
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Internet available near 261 Simpson Ave #231

Getting around Lexington near 261 Simpson Ave #231

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

4/10
There are a few mass transit options within the area.

Points of interest for 261 Simpson Ave #231, Lexington

Groceries

6/10
At least one grocery store within a 15-minute walk

Shopping

5/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

6/10
At least one high school within a 30-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

5/10
Some bars within walking distance

Other units at this address

261 Simpson Ave Lexington, KY

Occupied

332

3 Beds

3 Baths

$700

Listed by Yvonne Fondufe-Mittendorf
Days on market: 641
3 bedroom apartment. Premed student seeking for a UK student roommate.

Occupied

132

3 Beds

2 Baths

$1,150

Days on market: 898
NOW PRELEASEING FOR AUGUST 2023! Three-bedroom, two-bathroom condo at Campus Downs that has a total of approximately 1,000 square feet. It has a full kitchen with washer and dryer. It is an easy walk to UK campus. STUDENTS WELCOME!

Occupied

3 Beds, 2 Baths

3 Beds

2 Baths

$1,200

Listed by Kay Sutton
Days on market: 3382
Large three bedroom available August 1. This is a great apartment with wood and tile floors, located on the ground level on the quieter back side of building. Washer and dryer included. Quick 10 minute walk to campus. Nice patio for cooking out. One bedroom is a master suite with large closet and bathroom. Two other bedrooms share full bath. $1200/month. One year lease and deposit of $1200. No pets and no smoking. Utilities not included. Contact Kay for info.

Occupied

326

3 Beds

2 Baths

$1,800

Listed by Home Forward
Days on market: 471
Available now and for the 2024-2025 school year this spacious three bedroom condo is located just around the corner from Campus and includes a parking spot! Quickly walk to any location around campus as well as endless restaurants and shops! This unit includes a washer and dryer inside the condo, no trips to the laundromat. A spacious and open layout makes this large condo feel even larger. The walls are painted in neutral tones perfect for decorating and and beautiful flooring is featured throughout! This is a NO SMOKING home. Smoking is not permitted inside the house, garage, or any other structure that is considered a part of the property. Type: Condo Security Deposit: One Month's Rent Administrative Fees: A $75 application fee is charged per applicant. A $100 Move in Admin Fee is charged with a signed lease. Appliances: Range, Fridge, Dishwasher. Laundry: Washer/Dryer Heat: Electric Basement: No Utilities: Residents are responsible to pay all of the utilities: Electric, Water, Sewer, and Garbage. Pets and policy: NO PETS! Fenced Yard: No Mowing: residents are not responsible for all yard maintenance, including mowing. Schools: Please confirm all school districts with your local school board. Parking: 1 Parking spot provided.

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