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Pet Friendly
Location
507 Michigan St #1, Lexington, KY 40508, USA|Georgetown
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Amenities for 507 Michigan St #1, Georgetown
Apartment Amenities
| Dryer | Linoleum Vinyl |
| Washer |
Appliances
| In-Unit Laundry | Range/Oven |
| Refrigerator |
Tech
| Wired For Internet |
Building
| Cats OK | Dogs OK |
| Security Cameras | Wall |
Grounds
| Assigned Parking |
Other
| Designated Space |
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
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 507 Michigan St #1
Property Id: 2709060 Welcome to your future home at 507 Michigan St in Lexington, KY! This charming 2-bedroom, 1-bathroom apartment is perfect for you and your family to enjoy. Enjoy modern amenities like a washer, dryer, oven, refrigerator, security cameras, and high-speed internet access. With a designated parking space and a convenient location, this unit won't last long. Schedule your viewing today!
Address details
| Neighborhood | Georgetown |
|---|---|
| Zip code | 40508 |
| Type | Apartment for rent |
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Rent trends in Georgetown
2-bedroom apartments at 507 Michigan St #1 cost about 27% more than the average rent price for 2-bedroom apartments in Georgetown.
Median rents as of Jun 27 2026.
Georgetown
Lexington
| Month | Median Rent |
|---|---|
| July 2024 | $1,390 |
| August 2024 | $1,357 |
| September 2024 | $1,332 |
| October 2024 | $1,367 |
| November 2024 | $1,368 |
| December 2024 | $1,310 |
| January 2025 | $1,315 |
| February 2025 | $1,320 |
| March 2025 | $1,325 |
| April 2025 | $1,323 |
| May 2025 | $1,379 |
| June 2025 | $1,364 |
| July 2025 | $1,369 |
| August 2025 | $1,364 |
| September 2025 | $1,368 |
| October 2025 | $1,378 |
| November 2025 | $1,324 |
| December 2025 | $1,296 |
| January 2026 | $1,307 |
| February 2026 | $1,295 |
| March 2026 | $1,295 |
| April 2026 | $1,298 |
| May 2026 | $1,339 |
| June 2026 | $1,350 |
| Month | Median Rent |
|---|---|
| November 2025 | $1,100 |
Affordability calculator
Can I afford to live at 507 Michigan St #1?
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
$56,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $56,000 annually to afford this 2-bedrooms monthly rent price of $1,400.
For more information on rent affordability, visit our rent calculator.
Schools near 507 Michigan St #1
Booker T. Washington Elementary School
707 howard st
lexington, KY, 40508
PK, K-5Public
C+
Community Action Council The Prep Academy BCTC Child Development Center
164 opportunity way
lexington, KY, 40511
PKPublic
Fcps Virtual Academy
701 east main st
lexington, KY, 40502
K-12Public
Fayette Pre-School
465 springhill dr
lexington, KY, 40503
PKPublic
Coventry Oak Elementary School
2441 huntly pl
lexington, KY, 40511
PK, K-5Public
C+
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Internet available near 507 Michigan St #1
Getting around Lexington near 507 Michigan St #1
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
4/10
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 507 Michigan St #1, Lexington
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
6/10
Variety of shops within a short drive
Cafes
6/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
8/10
Wide variety of bars within a short drive, including some within walking distance
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