Zumper
modified
59 Minutes Ago

Highlights

  • Pet Friendly
  • Fitness center
  • In-unit laundry
  • Completely renovated apartments
  • Dedicated dog wash station
  • Modern lighting
  • Updated flooring and carpet

Location

2875 Palumbo Dr, Lexington, KY 40509, USA
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Tour Flats at 2875

Contact

Management

Eden Companies

Leasing office

(859) 351-8445

Property Overview

Flats at 2875 achieves an impressive Zumper Expert Rating of 8.4 out of 10, showcasing a blend of value with a price rating of 9 out of 10, reflecting its competitive pricing given the amenities. The property stands out with a perfect amenities rating of 10 and a location rating of 9, offering residents convenience and a premier living experience. Notable features include a fitness center, in-unit laundry, and modern renovations, complemented by its pet-friendly environment and vibrant community.

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

8.4
Very Good
With a solid 8.4 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 Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby
  • Images Available

Great for

  • Social life
  • Pet owners

Floor plans

Newly-Renovated Studio Apartments!Studio1 bath288 sqft$945 /mo1 unit available
Newly-Renovated One-Bedroom Apartments!1 bed1 bath576 sqft$1,095 /mo1 unit available
Newly Renovated 2 Bed, 1 Bath Apartments2 bed1 bath864 sqft$1,345 /mo1 unit available
Newly Renovated 2 Bed, 2 Bath Apartments2 bed2 bath864 sqft$1,395 /mo1 unit available

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Amenities for Flats at 2875

Apartment Amenities

Newly Renovated

Appliances

DishwasherIn-Unit Laundry
MicrowaveRange
RefrigeratorStove
Washer and Dryer

Building

Cats OKDogs 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

Units83
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About Flats at 2875

HomeApartments in Lexington Flats at 2875

Flats at 2875 is getting a full top-to-bottom transformation, bringing completely renovated, single-story apartments to one of Lexington’s most connected, always-moving areas. With studio, one-bedroom, and two-bedroom layouts (2/1 and 2/2), each home is being rebuilt from scratch with brand-new kitchens, updated flooring and carpet, modern lighting, fresh paint, and refreshed exteriors. In-unit laundry is included, and new community additions like a fitness center and dedicated dog wash station make everyday life easier (and a little cleaner). Very near to Saint Joseph East, Hamburg Pavilion, Richmond Road shopping and dining and quick hops onto New Circle Road, I-75, and Man O’ War, Flats at 2875 is perfectly positioned for people who want convenience, good food, and the flexibility to be everywhere.


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.
8.4
/10
Very Good
With a solid 8.4 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 Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Flats at 2875
Price·9A 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 stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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:

Social life

  • Areas nearby are accessible by walking
  • This community has public spaces on site, like fitness centers or pools
  • A bustling neighborhood
  • Diverse age groups live in this area

Pet owners

  • 5 pet hospitals in the area
  • 8 pet supply stores near the property

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 2% more than the average rent price for studios in Lexington.

1-bedroom apartments here are priced 15% higher than 1-bedrooms in Lexington.

If you decide to upgrade your space, you can expect 2-bedrooms at Flats at 2875 to be 6% more than the average for similarly sized apartments in Lexington.

Median rents as of Feb 28 2026.
Lexington
A table of studio rental data trends in Lexington
MonthMedian Rent
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$879
February 2026$921

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

$37,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $37,800 annually to afford this studio monthly rent price of $945.
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

Neighborhood

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

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
Moderate amount of park space nearby

Nightlife

4/10
Some bars within walking distance

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