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Updated 2 Hours Ago

Highlights

  • Pet Friendly
  • Non-smoking
  • Off-street parking
  • Washer/dryer hookups
  • Spacious living room
  • Central heat & ac
  • Wood-look lvt flooring

Location

Centre Pkwy, Lexington, KY 40517, USA
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Contact

Management

Modern Property Management Inc.

Leasing office

(859) 285-1361

Property Overview

VAT1240/1242 earns a strong overall rating thanks to excellent value, standout amenities, and a very favorable location. It also offers practical features like off-street parking, washer/dryer hookups, central heat and AC, wood-look LVT flooring, and a spacious living room, with nearby schools, transit, and pet services adding to its appeal.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, VAT1240/1242 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, VAT1240/1242 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Middle school nearby
  • Public transit nearby

Great for

  • Pet owners

Floor plans

2BR/1.0BA2 bed1 bath$1,100 /mo1 unit availableComing Soon! 1240 CENTRE PARKWAY, Lexington KY: Duplex with 2 Bedrooms and One Bath; Central Heat & AC; Wood-look LVT Flooring; 901 sq ft, per PVA; Kitchen includes Stove, Refrigerator and Dishwasher; Dining Area. Spacious Living Room; Washer/Dryer hookups; Large Backyard; Off-Street Parking; Non-smoking. Pets ok! Conveniently located in the Tates Creek Area, near Shopping, Restaurants, Kroger, Walmart Neighborhood Market, New Circle Rd, and Man O' War Blvd. Local Schools are: Tates Creek Elementary; Tates Creek Middle School; and Tates Creek High School. Note: Photos are representational and may not be of this individual unit. Tenant pays utilities. Managed by MODERN PROPERTY MANAGEMENT, INC. Call 859-388-2000 (Choose Leasing) for More Information or an Appointment to see this Attractive Duplex! VIRTUAL OR FACETIME TOURS AVAILABLE; For more rentals, see our website at www.mpmlex.com; see us on Facebook!

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Amenities for VAT1240/1242

Apartment Amenities

Air ConditioningCentral Heat
Dining AreaWasher/Dryer Hookups

Appliances

DishwasherIn-Unit Laundry
RangeRefrigerator
Stove

Building

Cats OKCentral Heat & A/C
Dogs OKNon-Smoking

Grounds

Off-Street Parking

Services

Virtual or FaceTime Tours Available
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.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Units2
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About VAT1240/1242

HomeApartments in Lexington VAT1240/1242

Coming Soon! 1240 CENTRE PARKWAY, Lexington KY: Duplex with 2 Bedrooms and One Bath; Central Heat & AC; Wood-look LVT Flooring; 901 sq ft, per PVA; Kitchen includes Stove, Refrigerator and Dishwasher; Dining Area. Spacious Living Room; Washer/Dryer hookups; Large Backyard; Off-Street Parking; Non-smoking. Pets ok! Conveniently located in the Tates Creek Area, near Shopping, Restaurants, Kroger, Walmart Neighborhood Market, New Circle Rd, and Man O' War Blvd. Local Schools are: Tates Creek Elementary; Tates Creek Middle School; and Tates Creek High School. Note: Photos are representational and may not be of this individual unit. Tenant pays utilities. Managed by MODERN PROPERTY MANAGEMENT, INC. Call 859-388-2000 (Choose Leasing) for More Information or an Appointment to see this Attractive Duplex! VIRTUAL OR FACETIME TOURS AVAILABLE; For more rentals, see our website at www.mpmlex.com; see us on Facebook!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, VAT1240/1242 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, VAT1240/1242 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated VAT1240/1242
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
VAT1240/1242 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
VAT1240/1242 stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
VAT1240/1242 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While VAT1240/1242 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

VAT1240/1242 is great for:

Pet owners

  • 5 pet hospitals in the area

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 VAT1240/1242 compares to other nearby properties.

Positives

High school nearby
There is a high school 0.1 miles away
Middle school nearby
There is a middle school 0.1 miles away
Public transit nearby
Only 0.9 miles from transit
Elementary school nearby
There is an elementary school 0.1 miles away
Central heat
Climate controlled environment
Dishwasher
Dishwasher available in kitchen

Considerations

Lacks images
Fewer than 5 photos available for this property

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Rent trends in Lexington

2-bedroom apartments at VAT1240/1242 cost about 18% less than the average rent price for 2-bedroom apartments in Lexington.

Median rents as of Oct 3 2026.
Lexington
A table of studio rental data trends in Lexington
MonthMedian Rent
October 2024$925
November 2024$915
December 2024$934
January 2025$925
February 2025$904
March 2025$865
April 2025$774
May 2025$788
June 2025$880
July 2025$979
August 2025$1,056
September 2025$1,025
October 2025$875
November 2025$887
December 2025$947
January 2026$879
February 2026$921
March 2026$885
April 2026$1,002
May 2026$977
June 2026$983
July 2026$1,001
August 2026$1,126
September 2026$1,182
October 2026$1,000

Affordability calculator

Can I afford to live at Centre Pkwy?

Bedrooms

2 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

$44,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this 2-bedrooms monthly rent price of $1,100.
For more information on rent affordability, visit our rent calculator.

Schools near VAT1240/1242

Tates Creek Elementary School

1113 centre pkwy

lexington, KY, 40517

PK, K-5Public
B-

Fcps Virtual Academy

701 east main st

lexington, KY, 40502

K-12Public

Fayette County Preschool

165 springhill dr

lexington, KY, 40503

PKPublic

Fayette Pre-School

465 springhill dr

lexington, KY, 40503

PKPublic

Brenda Cowan Elementary School

4801 athens-boonesboro rd

lexington, KY, 40509

PK, K-5Public
A-
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Internet available near VAT1240/1242

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Lexington near Centre Pkwy

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
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
FYI, there are little to no public transit options within walking distance.

Points of interest for Centre Pkwy, Lexington

Groceries

4/10
At least one grocery store within a 30-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

3/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

8/10
At least one high school within a 20-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

2/10
Few or no bars within walking distance

Explore the area around Centre Pkwy

Kroger
1060 Chinoe Rd
The Fresh Market
3387 Tates Creek Rd
Kroger
4101 Tates Creek Centre Dr
Walmart Neighborhood Market
4230 Saron Dr
Kroger
4750 Hartland Pkwy

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