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Updated 1 Day Ago

Highlights

  • Pet Friendly

Location

450 N Keeneland Dr, Richmond, KY 40475, USA
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Contact

Management

BRG Realty Group, LLC

Leasing office

(859) 888-1286

Open today 

9:00 am–5:00 pm ET

Property Overview

Reserves of Madison offers outdoor spaces and a pet-friendly setting, with nearby pet supply stores, a pet grooming service, and pet hospitals adding convenience for animal care. The property’s features and nearby resources make it appealing for residents looking for access to both open-air amenities and pet-related services.

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

8.3
Very Good
With a solid 8.3 out of 10 overall, Reserves of Madison is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Reserves of Madison has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Less expensive
  • Images Available

Great for

  • Pet owners

Floor plans

The Heritage1 bed1 bath750 sqft$825 /mo1 unit available
The Madison2 bed1 bath950 sqft$900 /mo1 unit available
The Richmond2 bed1 bath1,000 sqft$925 /mo3 units available
The Kentucky2 bed1 bath1,050 sqft$950 /mo1 unit available
The Colonel3 bed1.5 bath1,350 sqft$1,120 /mo1 unit available

Let's explore this property.

Amenities for Reserves of Madison

Building

Cats OKDogs OK
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

Deposit

One-time. Refund Policy: 100%. Security Deposit.

$500–$1,000

OPTIONAL FEES

Dog Policy

Allowed
Limit2

Cat Policy

Allowed
Limit2

Cat

Cat Rent

Monthly. 2 cats max. Refund Policy: Non-refundable.

$50

Dog

Dog Rent

Monthly. 2 dogs max. Refund Policy: Non-refundable.

$50

Questions about this property’s policies and fees?

Building details

Property details

Units137

About Reserves of Madison

HomeApartments in Richmond Reserves of Madison

Reserves of Madison cost $825–$1,120 per month. Located at 450 N Keeneland Dr, Richmond, KY 40475, USA, Reserves of Madison has 1 — 3 bedroom units available. Based on the average rent price of 3 bedrooms in Richmond, renting an apartment at Reserves of Madison is 28% cheaper per month.Other apartment buildings in or around Richmond include but are not limited to: 709 Four Mile Rd, 107 Robbins Dr, 2309 Lantern Ridge Dr


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.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Reserves of Madison is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Reserves of Madison has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Reserves of Madison
Price·10A 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.
Reserves of Madison offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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, Reserves of Madison 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.
Reserves of Madison 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 Reserves of Madison 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.
Reserves of Madison 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.

Reserves of Madison is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 2 pet hospitals in the area
  • 2 pet supply stores near the property
  • 1 pet grooming service nearby

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 Reserves of Madison compares to other nearby properties.

Positives

More space
The 1-bedroom is 119 sqft larger than other listings nearby
Less expensive
The 3-bedrooms are cheaper than other similar listings nearby
More space
The 3-bedroom is 50 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this property

Considerations

Greater distance from middle schools
The nearest middle school is farther than 2.2 miles away
Greater distance from high schools
The nearest high school is farther than 2.7 miles away
No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Richmond

1-bedroom apartments here are priced 10% higher than 1-bedrooms in Richmond.

If you decide to upgrade your space, you can expect 2-bedrooms at Reserves of Madison to be 3% less than the average for similarly sized apartments in Richmond.

3-bedroom apartments at Reserves of Madison cost about 28% less than the average rent price for 3-bedroom apartments in Richmond.

Median rents as of Oct 24 2026.
Richmond
A table of studio rental data trends in Richmond
MonthMedian Rent
November 2024$840
December 2024$840
January 2025$675
February 2025$675
March 2025$675
April 2025$675
May 2025$675
June 2025$700
July 2025$700
August 2025$787
September 2025$834
October 2025$843
November 2025$825
December 2025$763
January 2026$825
February 2026$1,119
March 2026$1,169
April 2026$825
July 2026$788
August 2026$810
September 2026$825
October 2026$775

Affordability calculator

Can I afford to live at 450 N Keeneland 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

$33,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $33,000 annually to afford this 1-bedroom monthly rent price of $825.
For more information on rent affordability, visit our rent calculator.

Schools near Reserves of Madison

White Hall Elementary School

2166 lexington rd

richmond, KY, 40475

1-5Public
A-

Madison Kindergarten Academy

300 bond st

richmond, KY, 40475

PK, KPublic
B+

Madison County Virtual Academy

301 highland park dr

richmond, KY, 40475

K-8Public
C-

Boonesborough Elementary School

1342 boonesborough rd

richmond, KY, 40475

PK, K-5Public
B

Brenda Cowan Elementary School

4801 athens-boonesboro rd

lexington, KY, 40509

PK, K-5Public
A-
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Getting around Richmond near 450 N Keeneland Dr

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

2/10
Heads up, bike lanes and cyclist-friendly streets aren’t common.

Points of interest for 450 N Keeneland Dr, Richmond

Groceries

0/10
Closest supermarket further than a 30-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

1/10
Few or no cafés within walking distance

Restaurants

3/10
Some restaurants within walking distance

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

0/10
Closest high school further than a 30-minute walk

Nightlife

0/10
Few or no bars within walking distance

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