Updated 5+ Days Ago
Location
504 Addison Ave, Lexington, KY 40504, USA
Tour 504 Addison Ave
Contact
Wayne Michael Properties, LLC
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Amenities for 504 Addison Ave
Appliances
| All Appliances |
Grounds
| Private Parking |
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
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 504 Addison Ave
Wayne Michael Premium Custom Built 5 bed 5 bath Preleasing 2027-28 School Year This stunning new construction 5-bedroom, 5-bathroom home was thoughtfully designed with space, style, and convenience in mind. Each spacious bedroom features a private en-suite bathroom, offering privacy and convenience for every resident. A very open and spacious kitchen as well as living room!
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 504 Addison Ave compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.7 miles away
- Elementary school nearby
- There is an elementary school 0.4 miles away
Address details
| Zip code | 40504 |
|---|---|
| Type | House for rent |
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Rent trends in Lexington
4-bedroom apartments at 504 Addison Ave cost about 64% more than the average rent price for 4-bedroom apartments in Lexington.
Median rents as of Oct 3 2026.
Lexington
| Month | Median Rent |
|---|---|
| October 2024 | $2,500 |
| November 2024 | $2,393 |
| December 2024 | $2,228 |
| January 2025 | $2,267 |
| February 2025 | $2,295 |
| March 2025 | $2,294 |
| April 2025 | $2,236 |
| May 2025 | $2,304 |
| June 2025 | $2,460 |
| July 2025 | $2,469 |
| August 2025 | $2,400 |
| September 2025 | $2,547 |
| October 2025 | $2,528 |
| November 2025 | $2,424 |
| December 2025 | $2,261 |
| January 2026 | $2,200 |
| February 2026 | $2,271 |
| March 2026 | $2,429 |
| April 2026 | $2,518 |
| May 2026 | $2,493 |
| June 2026 | $2,400 |
| July 2026 | $2,400 |
| August 2026 | $2,370 |
| September 2026 | $2,736 |
| October 2026 | $2,800 |
Affordability calculator
Can I afford to live at 504 Addison Ave?
Bedrooms
4+ 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
$184,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $184,000 annually to afford this 4-bedrooms monthly rent price of $4,600.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 7 months ago | $4,200 |
Schools near 504 Addison Ave
Fayette Pre-School
465 springhill dr
lexington, KY, 40503
PKPublic
Fayette County Preschool
165 springhill dr
lexington, KY, 40503
PKPublic
Harrison Elementary School
161 bruce st
lexington, KY, 40507
K-5Public
C+
Fcps Virtual Academy
701 east main st
lexington, KY, 40502
K-12Public
Community Action Council The Prep Academy BCTC Child Development Center
164 opportunity way
lexington, KY, 40511
PKPublic
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Internet available near 504 Addison Ave
Neighborhood
Getting around Lexington near 504 Addison Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 504 Addison Ave, Lexington
Groceries
6/10
At least one supermarket within a 20-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
5/10
At least one elementary school within a 20-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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