Zumper
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Updated 8 Hours Ago

Highlights

  • Urban conveniences
  • Convenient amenities
  • Unique and dynamic culture

Location

535 Mahaffey Dr, Richmond, KY 40475, USA
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Contact

Management

BRG Realty Group, LLC

Leasing office

(844) 334-1230 ext. 2544

Open today 

9:00 am–5:00 pm ET

Property Overview

Park Place offers a strong overall living experience with a balanced mix of practical advantages and appealing features. It stands out for its favorable expert rating, while the limited pros information suggests there is additional value to explore in its amenities and day-to-day livability.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” 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, Park Place is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Park Place 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

  • Less expensive
  • Elementary school nearby
  • Middle school nearby

Floor plans

1 Bedroom, 1 Bath1 bed1 bath535 sqft$740 /mo5 units available
2 Bedroom, 1 Bath2 bed1 bath690 sqft$845 /mo2 units available

Let's explore this property.

Amenities for Park Place

Apartment Amenities

Air ConditioningCeiling Fan
Fully Equipped KitchenHardwood Floor

Tech

Brg Apartments App

Building

Controlled AccessOnsite Laundry

Grounds

Gate

Services

On-Site MaintenanceOn-Site Management

Other

Property Damage Liability Insurance Required
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

Application Fee

Per-applicant. Agent application fee.

Contact Property

REQUIRED FEES

Deposit

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

$500–$750

Questions about this property’s policies and fees?

Building details

Property details

Units122

About Park Place

HomeApartments in Richmond Park Place

Welcome home to Park Place! Our apartments in Richmond, KY allow you to reside in comfort and sophistication while exploring the unique and dynamic culture of Kentucky. Convenient amenities, desirable services, and a well-connected address allow you to indulge in all the urban conveniences you want without giving up on the peace and quiet you deserve. As a resident of our pet-friendly apartments in Richmond, KY, mature landscapes, thoughtful amenities, and extraordinary services will make each day a delight. Contact us today to schedule your personal tour!


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, Park Place is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Park Place 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 Park Place
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.
Park Place 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, Park Place 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.
Park Place 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 Park Place 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.
Park Place 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.

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 Park Place compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 0.2 miles away
Middle school nearby
There is a middle school 0.7 miles away
Images Available
There are at least 10 photos of this property

Considerations

No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Richmond

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

If you decide to upgrade your space, you can expect 2-bedrooms at Park Place to be 11% less than the average for similarly sized 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 535 Mahaffey 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

$29,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $29,600 annually to afford this 1-bedroom monthly rent price of $740.
For more information on rent affordability, visit our rent calculator.

Schools near Park Place

Kit Carson Elementary School

450 tates creek rd

richmond, KY, 40475

1-5Public
B

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
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Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Richmond near 535 Mahaffey Dr

Walking

5/10
Some shops and stores are within a few minutes.

Driving

10/10
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.

Points of interest for 535 Mahaffey Dr, Richmond

Groceries

5/10
Variety of groceries within a short drive

Shopping

6/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

6/10
Wide variety of cafés within a short drive, including some within walking distance

Restaurants

7/10
Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

4/10
At least one high school within a 30-minute walk

Nightlife

6/10
Wide variety of bars within a short drive, including some within walking distance

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