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Location
116 Salter Rd #4, Berea, KY 40403, USA
Tour 116 Salter Rd #4
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KOOL LLC
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About 116 Salter Rd #4
*** Video Tour is of different unit with same layout/color scheme *** https youtu be g3A-PTupGE0 Property Details Address: 116 Salter Rd #4 Richmond KY , 40403 Location: Off Menelaus Rd Type: 2 bedroom, 1 bath Rent and Fees * Monthly Rent: $895 * Move-In Costs: First month's rent ($895) and a security deposit ($895). Animal Policy * Animals: Allowed on a case-by-case basis. No dogs over 30lbs . No Pitt bulls * Animal Fee: $300 * Monthly Animal: $25 per animal (maximum of 3 animals) Utilities Not included, Power : Bluegrass Energy Water: billed using RUBS (Ratio Utility Billing System) $17.5 per resident, or $25 minimum for single occupancy Included: Trash service Section 8 / HUD : We do accept section 8 but have had a difficult time placing new section8 residents since the States' vouchers are usually far less than market rents. Check with your case manager what your voucher amount is with no utilities included. If you have any questions not covered above, please contact us. You can proceed with the application linked on this page.
Address details
| Zip code | 40403 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Berea
2-bedroom apartments at 116 Salter Rd #4 cost about 8% less than the average rent price for 2-bedroom apartments in Berea.
Median rents as of Apr 11 2026.
Berea
| Month | Median Rent |
|---|---|
| April 2024 | $1,000 |
| May 2024 | $888 |
| June 2024 | $903 |
| July 2024 | $908 |
| August 2024 | $993 |
| September 2024 | $1,071 |
| October 2024 | $1,125 |
| November 2024 | $1,099 |
| December 2024 | $1,022 |
| January 2025 | $1,011 |
| February 2025 | $907 |
| March 2025 | $895 |
| April 2025 | $859 |
| May 2025 | $966 |
| June 2025 | $1,010 |
| July 2025 | $944 |
| August 2025 | $919 |
| September 2025 | $937 |
| October 2025 | $959 |
| November 2025 | $943 |
| December 2025 | $893 |
| January 2026 | $899 |
| February 2026 | $957 |
| March 2026 | $963 |
| April 2026 | $962 |
Affordability calculator
Can I afford to live at 116 Salter Rd #4?
Bedrooms
2 bedroomsRent-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
$35,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $35,800 annually to afford this 2-bedrooms monthly rent price of $895.
For more information on rent affordability, visit our rent calculator.
Schools near 116 Salter Rd #4
Kirksville Elementary School
2399 lancaster rd
richmond, KY, 40475
PK, K-5Public
B+
Madison Kindergarten Academy
300 bond st
richmond, KY, 40475
PK, KPublic
B+
Madison County Virtual Academy
301 highland park dr
richmond, KY, 40475
K-8Public
C-
Boonesborough Elementary School
1342 boonesborough rd
richmond, KY, 40475
PK, K-5Public
B
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Internet available near 116 Salter Rd #4
Getting around Berea near 116 Salter Rd #4
Walking
1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
2/10
Heads up, bike lanes and cyclist-friendly streets aren’t common.
Points of interest for 116 Salter Rd #4, Berea
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
0/10
Few or no shops within walking distance
Cafes
0/10
Few or no cafés within walking distance
Restaurants
0/10
Few or no restaurants within walking distance
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
0/10
Few or no bars within walking distance
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