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Managed by
Management
L.E.A. Properties LLC DBA Beacon
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Property management
Powered by Zumper AI
Managed by
Management
L.E.A. Properties LLC DBA Beacon
Our team has verified this companyLeasing office
Elm Tree Lane 55+ is highly rated across various metrics, achieving a Zumper Expert Rating of 9.3 out of 10, reflecting its attractiveness to renters. The property excels with a perfect location score, providing easy access to amenities, restaurants, and cultural attractions. Furthermore, it receives high marks for affordability, amenities, quality, and trustworthiness, making it a standout choice for those seeking a vibrant lifestyle within a welcoming community.
Things you’ll love
Great for
One Bedroom | 1 bed | 1 bath | 700 sqft | $893 /mo | 1 unit available |
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Units | 17 |
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Elm Tree Lane Apartments are located in Lexington, Kentucky. This property has 17 units that consists of one-bedroom apartments for ages 55 and over. Elm Tree Lane is owned by the Urban League of Lexington. It is one of their benchmark projects that has helped in the revitalization of the East End. Elm Tree Lane has been managed by Beacon Property Management since 2003 and has led to a lasting relationship with the Urban League and allowed us to impact the community in ways that are often unseen.
How Elm Tree Lane 55+ compares to other nearby properties.
Positives
Beacon is a limited-liability company founded in 1998 to develop and manage a diverse portfolio of affordable housing. SOCAYR Inc. is a non-profit, 501c3, founded in 1998 to continue in the development and management of affordable housing. The Property Management Division has been successful in conducting lease ups of over 50 new properties since its inception. Currently, there are 96 communities comprised of 5,881 housing units managed by Beacon Property Management. Our staff is seasoned, experienced, and certified. Beacon currently employs more than 140 housing professionals in various capacities.
1-bedroom apartments at Elm Tree Lane 55+ cost about 10% less than the average rent price for 1-bedroom apartments in Lexington.
Month | Median Rent |
---|---|
November 2023 | $864 |
December 2023 | $775 |
January 2024 | $800 |
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 | $880 |
Can I afford to live at 302 Gunn St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$35,720/yr
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