22 Hours Ago
Highlights
Pet Friendly
Location
2875 Palumbo Dr, Lexington, KY 40509, USA
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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
Elementary school nearby- Images Available
Great for
Social life
Pet owners
Floor plans
| Newly-Renovated Studio Apartments! | Studio | 1 bath | 288 sqft | $945 /mo | 1 unit available | ||
| Newly-Renovated One-Bedroom Apartments! | 1 bed | 1 bath | 576 sqft | $1,095 /mo | 1 unit available | ||
| Newly Renovated 2 Bed, 1 Bath Apartments | 2 bed | 1 bath | 864 sqft | $1,345 /mo | 1 unit available | ||
| Newly Renovated 2 Bed, 2 Bath Apartments | 2 bed | 2 bath | 864 sqft | $1,395 /mo | 1 unit available |
Let's explore this property.
Amenities for Flats at 2875
Apartment Amenities
| Newly Renovated |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Range |
| Refrigerator | Stove |
| Washer and Dryer |
Building
| Cats OK | Dogs OK |
| Fitness Center |
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
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 83 |
|---|
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About Flats at 2875
Flats at 2875 is getting a full top-to-bottom transformation, bringing completely renovated, single-story apartments to one of Lexington’s most connected, always-moving areas. With studio, one-bedroom, and two-bedroom layouts (2/1 and 2/2), each home is being rebuilt from scratch with brand-new kitchens, updated flooring and carpet, modern lighting, fresh paint, and refreshed exteriors. In-unit laundry is included, and new community additions like a fitness center and dedicated dog wash station make everyday life easier (and a little cleaner). Very near to Saint Joseph East, Hamburg Pavilion, Richmond Road shopping and dining and quick hops onto New Circle Road, I-75, and Man O’ War, Flats at 2875 is perfectly positioned for people who want convenience, good food, and the flexibility to be everywhere.
Flats at 2875 is great for:
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 Flats at 2875 compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 1 mile away
- Images Available
- There are at least 10 photos of this address
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Rent trends in Lexington
Studio apartments at Flats at 2875 cost about 3% more than the average rent price for studios in Lexington.
1-bedroom apartments here are priced 14% higher than 1-bedrooms in Lexington.
If you decide to upgrade your space, you can expect 2-bedrooms at Flats at 2875 to be 6% more than the average for similarly sized apartments in Lexington.
Median rents as of Jan 17 2026.
Lexington
| Month | Median Rent |
|---|---|
| February 2024 | $872 |
| March 2024 | $895 |
| April 2024 | $870 |
| May 2024 | $875 |
| June 2024 | $969 |
| July 2024 | $936 |
| August 2024 | $855 |
| 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 | $880 |
Affordability calculator
Can I afford to live at 2875 Palumbo Dr?
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
$37,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $37,800 annually to afford this studio monthly rent price of $945.
For more information on rent affordability, visit our rent calculator.
Schools near Flats at 2875
Athens-Chilesburg Elementary School
930 jouett creek dr
lexington, KY, 40509
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 Flats at 2875
Getting around Lexington near 2875 Palumbo Dr
Walking
5/10
Some shops and stores are within a few minutes.
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
3/10
There are a few mass transit options within the area.
Points of interest for 2875 Palumbo Dr, Lexington
Groceries
4/10
At least one grocery store within a 30-minute walk
Shopping
5/10
Variety of shops within walking distance
Cafes
3/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
7/10
At least one high school within a 20-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
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