2 Hours Ago
Location
317 Transylvania Park, Lexington, KY 40508, USA
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Floor plans
| Studios On Campus, Some Newly Remodeled! | Studio | 1 bath | 550 sqft | $825 /mo | 1 unit available |
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Amenities for Terraces
Building
| Onsite Laundry |
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
Building details
Property details
| Units | 8 |
|---|
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About Terraces
Terraces cost $825 per month. A couple amenities for this apartment building include but are not limited to: on-site laundry. Located at 317 Transylvania Park, Lexington, KY 40508, USA, Terraces has studio bedroom units available. Based on the average rent price of studio in Lexington, renting an apartment at Terraces is 10% cheaper per month.Other apartment buildings in or around Lexington include but are not limited to: 1749 Liberty Rd, 3650 Tates Creek Rd, 1607 Alexandria Dr, 1580 Alexandria Dr
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 Terraces compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- Less expensive
- Studio units are cheaper than other similar listings nearby
- More space
- Studio is 550 sqft larger than other listings nearby
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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Rent trends in Lexington
studio apartments at Terraces cost about 10% less than the average rent price for studio apartments in Lexington.
Median rents as of Jan 17 2026.
Lexington
| Month | Median Rent |
|---|---|
| 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 | $875 |
| November 2025 | $887 |
| December 2025 | $947 |
| January 2026 | $880 |
Affordability calculator
Can I afford to live at 317 Transylvania Park?
Bedrooms
StudioRent-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 studio monthly rent price of $825.
For more information on rent affordability, visit our rent calculator.
Schools near Terraces
Ashland Elementary School
195 n ashland ave
lexington, KY, 40502
K-5Public
A
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 Terraces
Getting around Lexington near 317 Transylvania Park
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 317 Transylvania Park, Lexington
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
6/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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