Updated 5+ Days Ago
Location
1566 Elizabeth St, Lexington, KY 40503, USA
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Property Overview
1566 Elizabeth Street offers strong amenities, excellent location convenience, and a detailed, trustworthy listing, while its expert rating suggests some aspects may be less ideal but still worth considering. It also stands out for its high value per square foot, numerous photos, and proximity to nearby schools.
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.
Things you’ll love
More space- High school nearby
- Middle school nearby
Great for
Social life
Floor plans
| 1566 Elizabeth Street - 1 | 4 bed | 2 bath | 1,594 sqft | $3,200 /mo |
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 1 |
|---|
About 1566 Elizabeth Street
1566 Elizabeth Street cost $3,200 per month. Located at 1566 Elizabeth St, Lexington, KY 40503, USA, 1566 Elizabeth Street has 4 bedroom units available. Based on the average rent price of 4 bedrooms in Lexington, renting an apartment at 1566 Elizabeth Street is 28% more expensive per month.
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.
6.8
/10
Good1566 Elizabeth Street is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Price, but it offers a satisfying, above-average quality of life.
Price·5A 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.
Monthly rent at 1566 Elizabeth Street is significantly more expensive than other properties in local neighborhoods. Because of the risk associated with the significant cost difference, this building received a 5/10. Some might think the increased cost is justified by the amenities, but it's worth taking a thorough look for yourself and deciding if any premium benefits are worth the extra expense.
Amenities·8A 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.
With multiple in-demand amenities, 1566 Elizabeth Street is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1566 Elizabeth Street 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 1566 Elizabeth Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
1566 Elizabeth Street provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
1566 Elizabeth Street 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 1566 Elizabeth Street compares to other nearby properties.
Positives
- More space
- The 4-bedroom is 230 sqft larger than other listings nearby
- High school nearby
- There is a high school 0.6 miles away
- Middle school nearby
- There is a middle school 0.6 miles away
- Images Available
- There are at least 10 photos of this property
Considerations
- Priced higher than average
- 4-bedrooms are $2525 more than the median rent in this area
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Rent trends in Lexington
4-bedroom apartments at 1566 Elizabeth Street cost about 28% more than the average rent price for 4-bedroom apartments in Lexington.
Median rents as of Oct 31 2026.
Lexington
| Month | Median Rent |
|---|---|
| November 2024 | $921 |
| 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 | $969 |
Affordability calculator
Can I afford to live at 1566 Elizabeth St?
Bedrooms
4+ 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
$128,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $128,000 annually to afford this 4-bedrooms monthly rent price of $3,200.
For more information on rent affordability, visit our rent calculator.
Schools near 1566 Elizabeth Street
Fayette County Preschool
165 springhill dr
lexington, KY, 40503
PKPublic
Fayette Pre-School
465 springhill dr
lexington, KY, 40503
PKPublic
Glendover Elementary School
710 glendover rd
lexington, KY, 40502
PK, K-5Public
A-
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+
Neighborhood
Getting around Lexington near 1566 Elizabeth St
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 1566 Elizabeth St, Lexington
Groceries
6/10
At least one supermarket within a 15-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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