5+ Days Ago
Highlights
- Gas fireplace
- Large walk-in closet
- Luxury vinyl plank flooring
- Stunning white cabinets
- Just renovated
- 15' vaulted ceilings
Location
409 Ella Rae Ln, Lexington, KY 40511, USA|Masterson Station
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Amenities for 409 Ella Rae Ln, Masterson Station
Apartment Amenities
| 2 Floors | Carpet |
| Ceiling Fan | Deck |
| Fireplace | High Ceilings |
| Walk-in Closet |
Appliances
| Dishwasher |
Building
| Roof Type: Shingle |
Grounds
| Garage Parking | Storage |
| Swimming Pool |
Other
| Architecture Style: Ranch | Exterior Type: Brick Veneer |
| Exterior Type: Vinyl Siding | Fourteen Rooms |
| Heat Pump Heating |
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 409 Ella Rae Ln
Sweet deal!
This listing is 19% below the median price for 4 bedroom apartments in Masterson Station.
Property Status: Pending Just renovated and move-in ready! This home is beautiful and immaculate, with 3 - 4 bedrooms, 2 baths and a spacious open concept plan boosting 15' vaulted ceilings in the great room, kitchen and primary. The large loft comes with 2 closets and could be used as the 4th bedroom, nice office or playroom. Beautiful luxury vinyl plank flooring and new carpet throughout as well as all new paint, new lighting, gas fireplace in the great room and stunning white cabinets throughout. The roomy primary suite has a large walk-in closet and double vanity. Off the kitchen is a large deck and a new wood privacy fence is scheduled to be installed. The property also has a nice 2 car attached garage for plenty of storage. Tenant can purchase neighborhood pool membership. Call today to schedule your showing. Office Phone: (859) 221-0162 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 409 Ella Rae Ln compares to other nearby properties.
Positives
- Less expensive
- The 4-bedrooms are cheaper than other similar listings nearby
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Address details
| Neighborhood | Masterson Station |
|---|---|
| Zip code | 40511 |
| Type | House for rent |
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Rent trends in Masterson Station
4-bedroom apartments at 409 Ella Rae Ln cost about 19% less than the average rent price for 4-bedroom apartments in Lexington.
Median rents as of Jan 24 2026.
Masterson Station
Lexington
| Month | Median Rent |
|---|---|
| February 2024 | $2,200 |
| March 2024 | $2,227 |
| April 2024 | $2,343 |
| May 2024 | $2,431 |
| June 2024 | $2,462 |
| July 2024 | $2,412 |
| August 2024 | $2,368 |
| September 2024 | $2,447 |
| October 2024 | $2,500 |
| November 2024 | $2,393 |
| December 2024 | $2,228 |
| January 2025 | $2,267 |
| February 2025 | $2,295 |
| March 2025 | $2,294 |
| April 2025 | $2,236 |
| May 2025 | $2,304 |
| June 2025 | $2,460 |
| July 2025 | $2,469 |
| August 2025 | $2,400 |
| September 2025 | $2,547 |
| October 2025 | $2,528 |
| November 2025 | $2,424 |
| December 2025 | $2,261 |
| January 2026 | $2,200 |
| Month | Median Rent |
|---|---|
| December 2025 | $2,550 |
| January 2026 | $2,756 |
Affordability calculator
Can I afford to live at 409 Ella Rae Ln?
Bedrooms
4+ 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
$87,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $87,800 annually to afford this 4-bedrooms monthly rent price of $2,195.
For more information on rent affordability, visit our rent calculator.
Schools near 409 Ella Rae Ln
Sandersville Elementary School
3025 sandersville rd
lexington, KY, 40511
PK, K-5Public
A
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 409 Ella Rae Ln
Neighborhood
Masterson Station | Lexington, KY
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Lexington near 409 Ella Rae Ln
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 409 Ella Rae Ln, Lexington
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
2/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
3/10
Some restaurants within walking distance
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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