Zumper
modified
Updated 12 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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Management

Modern Property Management Inc.

Leasing office

(859) 285-1361

Property Overview

VAT1240/1242 presents an impressive package with an overall Zumper expert rating of 8.8, highlighting its competitive pricing and exceptional amenities that score a perfect 10. The property features non-smoking accommodations, off-street parking, and convenient washer/dryer hookups, while its prime location ensures easy access to both public transport and highly-rated schools. With a trustworthiness rating of 8, renters can expect transparency and clarity regarding their living experience.

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

  • Dishwasher

Great for

  • Pet owners

Floor plans

2BR/1.0BA2 bed1 bath$1,100 /mo1 unit available1240 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

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!


VAT1240/1242 is great for:

Pet owners

  • 4 pet hospitals in the area
  • 1 pet supply store near the property

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

Dishwasher
Dishwasher available in kitchen

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Lexington

2-bedroom apartments at VAT1240/1242 cost about 20% less than the average rent price for 2-bedroom apartments in Lexington.

Median rents as of Aug 15 2026.
Lexington
A table of studio rental data trends in Lexington
MonthMedian Rent
August 2024$867
September 2024$886
October 2024$923
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$1,080

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

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