Zumper
modified
Updated 5 Hours Ago

Highlights

  • Pet Friendly
  • Updated amenities
  • On-site laundry rooms
  • Spacious one- and two-bedroom floor plans
  • Extensive renovations
  • 24/7 maintenance support

Location

1407 Steadmantown Ln, Frankfort, KY 40601, USA
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Contact

Management

BRG Realty Group, LLC

Leasing office

(502) 673-1540

Open today 

9:30 am–5:00 pm ET

Property Overview

FarmStead is a property with a Zumper expert rating of strong overall appeal, with positive pros noted for its livability and convenience. It also stands out for features that may make it a practical choice for a wide range of residents.

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

Floor plans

1 Bed, 1 Bath 575SqFt1 bed1 bath575 sqft$750 /mo1 unit available
2 Bed, 1 Bath 860SqFt2 bed1 bath860 sqft$900 /mo2 units available
2 Bed, 1.5 Bath TH 1055SqFt2 bed1.5 bath1,055 sqft$1,199 /mo3 units available

Let's explore this property.

Amenities for FarmStead

Apartment Amenities

CarpetCeiling Fan
Luxury Vinyl Plank FlooringRenovated Finish
Window Coverings

Appliances

DishwasherIn-Unit Laundry
Washer/Dryer Connections in Select Homes

Tech

Brg Apartments App

Building

Cats OKDogs OK
Onsite Laundry

Grounds

Assigned Parking

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

Applicants

One-time.

Contact Property

REQUIRED FEES

Deposit

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

$500–$750

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

Units152

About FarmStead

HomeApartments in Frankfort FarmStead

Welcome to FarmStead Apartments and Townhomes in beautiful Frankfort, KY, now under new management! We’re excited to bring fresh energy and extensive renovations to these classic apartments and townhomes, restoring their charm with updated amenities and modern touches. Choose from our spacious one- and two-bedroom floor plans, with pet-friendly options for your furry companions. Select homes offer washer and dryer connections, or enjoy the convenience of on-site laundry rooms, making maintenance-free living easy. Nestled in a scenic, country setting with stunning tree-lined drives, FarmStead offers a serene escape while keeping you close to everything you need. Located near Jim Beam, Buffalo Trace, and a variety of shopping, dining, and entertainment options, you’ll enjoy both peaceful surroundings and vibrant local attractions. Our community features both classic and renovated homes, all with access to our attentive on-site leasing team and 24/7 maintenance support.


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

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1.4 miles away

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Rent trends in Frankfort

1-bedroom apartments here are priced 11% lower than 1-bedrooms in Frankfort.

If you decide to upgrade your space, you can expect 2-bedrooms at FarmStead to be 4% more than the average for similarly sized apartments in Frankfort.

Median rents as of Apr 25 2026.
Frankfort
A table of studio rental data trends in Frankfort
MonthMedian Rent
November 2024$695
December 2024$818
January 2025$800
February 2025$800
March 2025$826
April 2025$865
May 2025$865
June 2025$913
July 2025$865
August 2025$865
January 2026$865
February 2026$1,476
March 2026$865
April 2026$850

Affordability calculator

Can I afford to live at 1407 Steadmantown Ln?

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

$30,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $30,000 annually to afford this 1-bedroom monthly rent price of $750.
For more information on rent affordability, visit our rent calculator.

Schools near FarmStead

Elkhorn Elementary School

928 e main st

frankfort, KY, 40601

1-5Public
C+

Early Learning Village

200 laralan ave

frankfort, KY, 40601

PK, KPublic
B+
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Neighborhood

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

Getting around Frankfort near 1407 Steadmantown Ln

Walking

2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

9/10
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 1407 Steadmantown Ln, Frankfort

Groceries

4/10
Some groceries within a short drive

Shopping

2/10
Some shops within a short drive

Cafes

2/10
Few or no cafés within a short drive

Restaurants

4/10
Some restaurants within a short drive

Primary schools

2/10
Closest elementary school further than a 30-minute walk

High schools

2/10
Closest high school further than a 30-minute walk

Nightlife

2/10
Few or no bars within a short drive

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