Updated 1 Hour Ago
Highlights
Pet Friendly
Location
2875 Palumbo Dr, Lexington, KY 40509, USA
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Property Overview
Flats at 2875 is a newly renovated property with a strong overall rating of 8.8 out of 10, reflecting solid value, standout amenities, and a convenient location. It also offers helpful renter advantages like 13 photos, nearby pet services, and access to a top-rated elementary school within about 0.8 miles.
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.
Things you’ll love
Elementary school nearby- Images Available
Great for
Pet owners
Floor plans
| Newly-Renovated Studio Apartments! | Studio | 1 bath | 288 sqft | $950 /mo | 1 unit available | ||
| Newly-Renovated One-Bedroom Apartments! | 1 bed | 1 bath | 576 sqft | $1,095 /mo | 1 unit available |
Let's explore this property.
Amenities for Flats at 2875
Apartment Amenities
| Newly Renovated |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Range |
| Refrigerator | Stove |
| Washer and Dryer |
Building
| Cats OK | Dogs OK |
| Fitness Center |
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
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 83 |
|---|
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About Flats at 2875
Flats at 2875 by Eden Companies blends a full-scale renovation with the bustling attraction of Lexington's Hamburg area, offering completely updated, single-story condo-style living. Our floor plans include Studios, One Bedroom and 2 Bedroom / 2 Bathroom apartments. Features: - Newly Renovated Throughout - New Flooring and Lighting - New personalized Heat/AC controllable by room - Added Community Amenities (Dog Wash, Fitness Room) - Exterior Renovations (New Roofs, New Siding, New Landscaping) - Large Homes with Laundry In-Unit - Located just between Hamburg and Richmond Rd, you're near anything you could possibly need! Professionally managed by Eden Property Management. What does it mean to Live Eden? - We are locally owned and operated in Lexington, KY. We only manage what we own and own what we manage. - Easy online payments and maintenance requests. - Super low move-in cost. No hidden/tricky fees. - We treat Residents as people, not unit numbers. - A staff that is actually on-site and responds to you directly when needed. - In-house maintenance service so issues get fixed quickly and correctly. Come see for yourself why living Eden is renting the way you think it should be!
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.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, Flats at 2875 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Flats at 2875 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
Flats at 2875 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·10A 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.
Flats at 2875 stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Flats at 2875 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 Flats at 2875 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.
Flats at 2875 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.
Flats at 2875 is great 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 Flats at 2875 compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 1 mile away
- Images Available
- There are at least 10 photos of this address
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Rent trends in Lexington
Studio apartments at Flats at 2875 cost about 7% less than the average rent price for studios in Lexington.
1-bedroom apartments here are priced 12% higher than 1-bedrooms in Lexington.
Median rents as of Jul 18 2026.
Lexington
| Month | Median Rent |
|---|---|
| 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 | $879 |
| February 2026 | $921 |
| March 2026 | $885 |
| April 2026 | $1,002 |
| May 2026 | $977 |
| June 2026 | $983 |
| July 2026 | $994 |
Affordability calculator
Can I afford to live at 2875 Palumbo 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
$38,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $38,000 annually to afford this studio monthly rent price of $950.
For more information on rent affordability, visit our rent calculator.
Schools near Flats at 2875
Garrett Morgan Elementary School
1150 passage mound way
lexington, KY, 40509
K-5Public
A-
Athens-Chilesburg Elementary School
930 jouett creek dr
lexington, KY, 40509
K-5Public
A
Brenda Cowan Elementary School
4801 athens-boonesboro rd
lexington, KY, 40509
PK, K-5Public
A-
Fcps Virtual Academy
701 east main st
lexington, KY, 40502
K-12Public
Fayette Pre-School
465 springhill dr
lexington, KY, 40503
PKPublic
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Internet available near Flats at 2875
Getting around Lexington near 2875 Palumbo Dr
Walking
5/10
Some shops and stores are within a few minutes.
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.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 2875 Palumbo Dr, Lexington
Groceries
4/10
At least one supermarket within a 30-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
2/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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