Updated 4 Days Ago
Highlights
Pet Friendly
Location
721 Headley Ave, Lexington, KY 40508, USA
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Property Overview
Located in an area with diverse age groups, strong walkability, and 111 restaurants within 1 mile, the home also has 171 nearby mixed-use spaces that can support an active local lifestyle. It stands out for value per square foot relative to nearby properties, while public transportation is about 1.54 miles away.
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
More space
Great for
Social life
Amenities for 721 Headley Ave
Community
| Cats OK | Dogs 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
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 721 Headley Ave
Beautifully updated while preserving its timeless character, this classic 1930s brick Cape Cod is nestled in one of Lexington's vibrant, walkable neighborhoods. This charming 3-bedroom home offers beautiful hardwood floors, abundant natural light, a tastefully updated kitchen, and inviting living spaces that blend historic character with everyday comfort. The welcoming front pergola provides the perfect spot to enjoy your morning coffee, while the fenced backyard features a fire pit area and plenty of space to relax or entertain. A detached garage and unfinished basement provide valuable storage and future potential. Enjoy a short walk to West Sixth Brewery, convenient access to the Legacy Trail, and all the dining, shopping, and entertainment that downtown Lexington has to offer. Move-in ready and full of character, this is one you won't want to miss.
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 721 Headley Ave compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 94 sqft larger than other listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Zip code | 40508 |
|---|---|
| Type | House for rent |
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Rent trends in Lexington
3-bedroom apartments at 721 Headley Ave cost about 22% more than the average rent price for 3-bedroom apartments in Lexington.
Median rents as of Sep 26 2026.
Lexington
| Month | Median Rent |
|---|---|
| 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 | $1,832 |
| September 2025 | $1,884 |
| October 2025 | $1,835 |
| November 2025 | $1,776 |
| December 2025 | $1,722 |
| January 2026 | $1,691 |
| February 2026 | $1,699 |
| March 2026 | $1,741 |
| April 2026 | $1,783 |
| May 2026 | $1,768 |
| June 2026 | $1,789 |
| July 2026 | $1,795 |
| August 2026 | $1,795 |
| September 2026 | $1,796 |
Affordability calculator
Can I afford to live at 721 Headley Ave?
Bedrooms
3 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
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 3-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
Schools near 721 Headley Ave
Harrison Elementary School
161 bruce st
lexington, KY, 40507
K-5Public
C+
Booker T. Washington Elementary School
707 howard st
lexington, KY, 40508
PK, K-5Public
C+
Fcps Virtual Academy
701 east main st
lexington, KY, 40502
K-12Public
Community Action Council The Prep Academy BCTC Child Development Center
164 opportunity way
lexington, KY, 40511
PKPublic
Fayette Pre-School
465 springhill dr
lexington, KY, 40503
PKPublic
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Internet available near 721 Headley Ave
Getting around Lexington near 721 Headley Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 721 Headley Ave, Lexington
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
8/10
Wide variety of bars within a short drive, including some within walking distance
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