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L.E.A. Properties LLC DBA Beacon
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Ferrill Square Apartments 55+ receives a stellar Zumper Expert Rating of 9.5, reflecting its excellence in various aspects including amenities, price, location, and quality. Notable features include renovated apartments, with a prime location offering unmatched accessibility to public transport and local attractions. Overall, the property exemplifies transparency and trustworthiness, ensuring potential renters are well-informed about its offerings.
Things you’ll love
High school nearbyElementary school nearbyElevator| One Bedroom | 1 bed | 1 bath | 550 sqft | $794 /mo | 1 unit available |
Let's explore this property.
Building
| Elevator | Modern Laundry Facilities |
| Smoke-free | Wheelchair Accessible |
Services
| By Appointment Only | Professional On-Site Maintenance |
| Units | 59 |
|---|---|
| Lease terms | 12 months |
Ferrill Square Apartments is located in Lexington, Kentucky. This property consists of 59 units one-bedroom apartments with low income housing tax credit with 80% of the resident population consisting of at least one household member that is 55 years of age or older. Ferrill Square, formerly known as Douglass School was one of first projects to be financed through Lexington's Affordable Housing Trust Fund. Douglass School, owned by First African Baptist Church sat vacant from 1972 to 1999. It was then renovated to become Kanisa Apartments. In 2012 the apartments were renamed Ferrill Square after London Ferrill, a former preacher at First African Baptist Church.
Showing 2 highest rated
I lived there 2 years people where very busy it was secure and clean will move back Church next door staff was very nice❤
Emma Hazely
Mar 31, 2023
1 star is to generous. Bedbugs and roaches everywhere. Crazy people running around with bats trying to hit people. The staff is ignorant and well I'll remain nice.
Ryder Simba
Aug 08, 2024
We’re sharing just 2 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
How Ferrill Square Apartments 55+ compares to other nearby properties.
Positives
Beacon is a limited-liability company founded in 1998 to develop and manage a diverse portfolio of affordable housing. SOCAYR Inc. is a non-profit, 501c3, founded in 1998 to continue in the development and management of affordable housing. The Property Management Division has been successful in conducting lease ups of over 50 new properties since its inception. Currently, there are 96 communities comprised of 5,881 housing units managed by Beacon Property Management. Our staff is seasoned, experienced, and certified. Beacon currently employs more than 140 housing professionals in various capacities.
1-bedroom apartments at Ferrill Square Apartments 55+ cost about 20% less than the average rent price for 1-bedroom apartments in Lexington.
| Month | Median Rent |
|---|---|
| November 2023 | $864 |
| December 2023 | $775 |
| January 2024 | $800 |
| 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 | $880 |
Can I afford to live at 471 Price Rd?
Bedrooms
1 bedroomRent-to-income ratio
30%
$35,720/yr
465 springhill dr
lexington, KY, 40503
165 springhill dr
lexington, KY, 40503
