Zumper
modified
1 Day Ago

Highlights

  • Conveniently located
  • On-site laundry
  • Off-street parking
  • All utilities included
  • New appliances
  • Countertops

Location

188 E Loudon Ave, Lexington, KY 40505, USA
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Tour 188 E Loudon

Contact

Management

Compass Point Management LLC

Leasing office

(859) 538-5600

Property Overview

188 E Loudon features an impressive Zumper Expert Rating of 8.8, reflecting an excellent balance of price and value, with a price rating of 10 out of 10. Amenities score a perfect 10, showcasing conveniences like on-site laundry, off-street parking, and new appliances, while its location rating of 9 emphasizes accessibility to transportation and local attractions. The property is well-suited for fostering a vibrant social life and is also pet-friendly, contributing 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

8.0
Very Good
With a solid 8 out of 10 overall, 188 E Loudon is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 188 E Loudon has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Laundry available on site

Great for

  • Social life
  • Pet owners

Floor plans

0BR/1.0BAStudio1 bath450 sqft$700 /mo1 unit availableWelcome to our cozy studio, 1 bathroom apartment located in the heart of Lexington, KY. This charming unit features off-street parking for your convenience, as well as on-site laundry facilities to make chores a breeze. Stay comfortable year-round with mini splits that provide efficient heating and cooling. Don't miss out on the opportunity to call this apartment home! Contact us today for more information on how you can make this space yours. $700 RENT $150 UTILITY PACKAGE $700 DEPOSIT $50 Application fee not refundable (859)538-5600 Ext. 1 compasspointmgmt. com **** Requirements: -EVERY ADULT OVER AGE 18 MUST HAVE A VALID ID OR PASSPORT, SS NUMBER OR ITIN AND DO A SEPARATE APPLICATION -MONTHLY, GROSS, HOUSEHOLD INCOME MUST BE AT LEAST 3X THE RENT -YOU MUST HAVE AT LEAST 90 DAYS ON CURRENT JOB -MUST HAVE GOOD STANDING WITH PAST/CURRENT LANDLORD -WE RUN A CREDIT, EVICTION AND CRIMINAL BACKGROUND CHECK, 650+ credit score -CATS ONLY, MAX OF 2 WITH FEES -NO EVICTIONS, NO FELONIES AND NO RECENT CRIMINAL ACTIVITY

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Amenities for 188 E Loudon

Apartment Amenities

Mini Split

Appliances

FridgeGas Range
RangeRefrigerator

Building

Cats OKOnsite Laundry

Grounds

Off-Street Parking
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

Not allowed

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units4
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About 188 E Loudon

HomeApartments in Lexington 188 E Loudon

Welcome to our cozy studio, 1 bathroom apartment located in the heart of Lexington, KY. This charming unit features off-street parking for your convenience, as well as on-site laundry facilities to make chores a breeze. Stay comfortable year-round with mini splits that provide efficient heating and cooling. Don't miss out on the opportunity to call this apartment home! Contact us today for more information on how you can make this space yours. $700 RENT $150 UTILITY PACKAGE $700 DEPOSIT $50 Application fee not refundable (859)538-5600 Ext. 1 compasspointmgmt. com **** Requirements: -EVERY ADULT OVER AGE 18 MUST HAVE A VALID ID OR PASSPORT, SS NUMBER OR ITIN AND DO A SEPARATE APPLICATION -MONTHLY, GROSS, HOUSEHOLD INCOME MUST BE AT LEAST 3X THE RENT -YOU MUST HAVE AT LEAST 90 DAYS ON CURRENT JOB -MUST HAVE GOOD STANDING WITH PAST/CURRENT LANDLORD -WE RUN A CREDIT, EVICTION AND CRIMINAL BACKGROUND CHECK, 650+ credit score -CATS ONLY, MAX OF 2 WITH FEES -NO EVICTIONS, NO FELONIES AND NO RECENT CRIMINAL ACTIVITY


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.
8.0
/10
Very Good
With a solid 8 out of 10 overall, 188 E Loudon is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 188 E Loudon has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated 188 E Loudon
Price·8A 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.
Scoring a 8/10, 188 E Loudon is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·9A 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.
188 E Loudon goes above and beyond to provide sought-after conveniences and desirable perks, including cats allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 188 E Loudon receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
188 E Loudon 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 188 E Loudon 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.

188 E Loudon is great for:

Social life

  • Areas nearby are accessible by walking
  • Diverse age groups live in this area
  • 82 restaurants within 1 mile of this property
  • 187 mixed-use spaces nearby

Pet owners

  • 10 pet supply stores near the property
  • 3 pet grooming services nearby
  • 1 pet hospital 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 188 E Loudon compares to other nearby properties.

Positives

High school nearby
There is a high school 0.3 mile away
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Lexington

studio apartments at 188 E Loudon cost about 24% less than the average rent price for studio apartments in Lexington.

Median rents as of Feb 28 2026.
Lexington
A table of studio rental data trends in Lexington
MonthMedian Rent
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$879
February 2026$921

Affordability calculator

Can I afford to live at 188 E Loudon Ave?

Bedrooms

Studio

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

$28,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $28,000 annually to afford this studio monthly rent price of $700.
For more information on rent affordability, visit our rent calculator.

Schools near 188 E Loudon

Arlington Elementary School

122 arceme ave

lexington, KY, 40505

PK, K-5Public
C+

Fcps Virtual Academy

701 east main st

lexington, KY, 40502

K-12Public

Booker T. Washington Elementary School

707 howard st

lexington, KY, 40508

PK, K-5Public
C+

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 188 E Loudon

Getting around Lexington near 188 E Loudon Ave

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
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 188 E Loudon Ave, Lexington

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

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

High schools

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

Parks

7/10
Moderate amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

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