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Preakness Apartments
1707-1724 Versailles Rd
Lexington, KY 40504
Lexington, KY 40504
- 1–3 Bedrooms
- 667–963Square Feet
About Preakness Apartments
Experience great living at Preakness Apartments in Lexington! We offer a variety of floorplans along with great property amenities such as picnic and playground areas, laundry facilities, and plenty of space for you and your furry friend to get some fresh air around our welcoming community. Each apartment features updated rooms featuring fresh flooring, modern appliances, and contemporary fixtures. Call today to schedule your tour! Ask today about our FREE RENT special for all new residents!
Preakness Apartments is located in the Red Mile Neighborhood and 40504 Zip code of Lexington, KY.
Property Contact Info
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Floorplan Pricing and Availability
New! Interactive Property Map
ApartmentHomeLiving.com's new Interactive Property Map allows you to see where every available unit is located at this community.Try It Now >1 Bedroom
Floorplan P11
$750
1 Bed, 1 Bath, 667 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $750 Available Now 1718-F05 667 $500 $750 December 31, 2025 1718-F11 667 $500 $750 December 31, 2025 734-4 667 $500 Model Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Renovation Unit
Unit 1718-F05 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Renovation Unit
Model Rent and Fees
Price
- $750
Unit 1718-F11 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Renovation Unit
Model Rent and Fees
Price
- $750
Unit 734-4 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Renovation Unit
Model Rent and Fees
Price
- $750
Apartment Model: P111 Bedroom, 1 Bath, 667 sq ftAvailable Now![]()
P11 - Floorplan 1 ![]()
P11 - Floorplan 2 ![]()
P11 - Floorplan 3 ![]()
P11 - Floorplan 4 Apartment Unit: 1718-F05Apartment Model: P111 Bedroom, 1 Bath, 667 sq ftAvailable NowApartment Unit: 1718-F11Apartment Model: P111 Bedroom, 1 Bath, 667 sq ftAvailable December 31, 2025Apartment Unit: 734-4Apartment Model: P111 Bedroom, 1 Bath, 667 sq ftAvailable December 31, 2025P11U
From $863
1 Bed, 1 Bath, 667-778 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $863 Available Now 1728-511 667 $500 $863 December 31, 2025 1724-101 667 $500 $863 December 31, 2025 1728-507 667 $500 Model Amenities and Features
Unique Features
- Full Renovation Unit
Unit 1728-511 Amenities and Features
Unique Features
- Full Renovation Unit
Model Rent and Fees
Model Price Range
- $805 - $863
Unit 1724-101 Amenities and Features
Unique Features
- Full Renovation Unit
Model Rent and Fees
Model Price Range
- $805 - $863
Unit 1728-507 Amenities and Features
Unique Features
- Full Renovation Unit
Model Rent and Fees
Model Price Range
- $805 - $863
Apartment Model: P11U1 Bedroom, 1 Bath, 667-778 sq ftAvailable Now![]()
P11U - Floorplan 1 Apartment Unit: 1728-511Apartment Model: P11U1 Bedroom, 1 Bath, 667 sq ftAvailable NowApartment Unit: 1724-101Apartment Model: P11U1 Bedroom, 1 Bath, 667 sq ftAvailable December 31, 2025Apartment Unit: 1728-507Apartment Model: P11U1 Bedroom, 1 Bath, 667 sq ftAvailable December 31, 20252 Bedrooms
Show Unavailable FloorplansFloorplan P21
From $900
2 Beds, 1 Bath, 924 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $900 Available Now 1700-11 924 $500 $900 December 31, 2025 1692-3 924 $500 $900 December 31, 2025 1695-10 924 $500 Model Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Renovation Unit
Unit 1700-11 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Renovation Unit
Model Rent and Fees
Model Price Range
- $815 - $900
Unit 1692-3 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Renovation Unit
Model Rent and Fees
Model Price Range
- $815 - $900
Unit 1695-10 Amenities and Features
Features
- High Speed Internet Access
- Smoke Free
Unique Features
- Full Renovation Unit
Model Rent and Fees
Model Price Range
- $815 - $900
Apartment Model: P212 Bedroom, 1 Bath, 924 sq ftAvailable Now![]()
P21 - Floorplan 1 Apartment Unit: 1700-11Apartment Model: P212 Bedroom, 1 Bath, 924 sq ftAvailable NowApartment Unit: 1692-3Apartment Model: P212 Bedroom, 1 Bath, 924 sq ftAvailable December 31, 2025Apartment Unit: 1695-10Apartment Model: P212 Bedroom, 1 Bath, 924 sq ftAvailable December 31, 2025P21U
$980
2 Beds, 1 Bath, 924-963 sq ftAvailable Dec 7Largest 2 BedroomThis is the largest 2 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit $980 December 7, 2025 1728-415 924 $500 Unit 1728-415 Amenities and Features
Unique Features
- Full Renovation Unit
Model Rent and Fees
Price
- $980
Apartment Model: P21U2 Bedroom, 1 Bath, 924-963 sq ftAvailable December 7, 2025![]()
P21U - Floorplan 1 Apartment Unit: 1728-415Apartment Model: P21U2 Bedroom, 1 Bath, 924 sq ftAvailable December 7, 2025P21R
2 Beds, 1 Bath, 924 sq ftAvailability Details
Availability Date Unit Sq Ft Unavailable P21R 924 sq ft Model Amenities and Features
Unique Features
- Full Renovation Unit
3 Bedrooms
Floorplan P31
$1,050
3 Beds, 1 Bath, 924 sq ftAvailable Dec 31Model Gallery
Floorplans
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit $1,050 December 31, 2025 731-5 924 $500 Unit 731-5 Amenities and Features
Unique Features
- Full Renovation Unit
Model Rent and Fees
Price
- $1,050
Apartment Model: P313 Bedroom, 1 Bath, 924 sq ftAvailable December 31, 2025FloorplansPhotos![]()
P31 - Image 1 ![]()
P31 - Image 2 ![]()
P31 - Image 3 ![]()
P31 - Image 4 ![]()
P31 - Image 5 ![]()
P31 - Floorplan 6 Apartment Unit: 731-5Apartment Model: P313 Bedroom, 1 Bath, 924 sq ftAvailable December 31, 2025
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
Property Information
- Renovated In 1972
- 222 Units
- 3 Stories
- Built in 1968
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Lease Terms
- 12 mo
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Required Fees
One-Time Move-In Fees
- Due at Application
- Application Fee Per Applicant$50
Utilities & Essentials
- Utility Service Fee$7/mo
- Pest Control$5/mo
- Trash Fees$10/mo
- Water/Sewer Reimbursement$15/mo
Other Fees
Pet Fees
- One-Time Pet Fee$250
- Monthly Pet Fee$30
- One-Time Pet Fee$250
- Monthly Pet Fee$30
- One-Time Pet Fee$250
- Monthly Pet Fee$30
- 2 Pet Limit
- 100 Lb Weight Limit
- 2 Pet Limit
- 2 Pet Limit
Bird
Dog
Cat
Dogs
Cats
Birds
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
Unique Amenities
- Full Renovation Unit
Map
1707-1724 Versailles Rd, Lexington, KY 40504
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Nearby Properties
Map
Hours and Contact Info
Open Now
Currently Closed
By Appointment
| Monday | 9:00 am–5:00 pm |
| Tuesday | 9:00 am–5:00 pm |
| Wednesday | 9:00 am–5:00 pm |
| Thursday | 9:00 am–5:00 pm |
| Friday | 9:00 am–5:00 pm |
| Saturday | Closed |
| Sunday | Closed |
Getting Around
Walk Score®
33 / 100
Car-Dependent
Most errands require a car
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
30 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Renters Reviews and Ratings
Amazing Staff
July 23, 2024The new staff at Preakness Apartments (Ashley and Missy) have really improved lives here. We are able to go in and talk to them. They really seem to care. Any complaints my husband and I have are delt with swiftly.Review from Apartments.com
DO NOT LIVE HERE
December 26, 2023Absolutely disgusting and poor management. The apartment was INFESTED with roaches, there was mold in the bathroom, a hole in the ceiling above the shower that allowed water from the upstairs neighbor's shower to drip into our apartment, and we could hear animals living in the wall. We had sewage back up into our tub and it took management THREE days to do anything about it. We had mentioned the roaches to management multiple times but they didn't even attempt to do anything about it. Our air ...conditioner was out for almost FOUR months and it took multiple messages to management and actually going to their office several times before they did anything about it. I highly recommend you avoid this place.Read MoreReview from Apartments.com
Nearby Schools
James Lane Allen Elementary School
Fayette County
1901 Appomattox Road
Public School - Grades PK-5 (420 Students)
In Attendance Zone3 minute drive / 1.0 miles away
Lafayette High School
Fayette County
401 Reed Lane
Public School - Grades 9-12 (2432 Students)
In Attendance Zone4 minute drive / 1.6 miles away
Beaumont Middle School
Fayette County
2080 Georgian Way
Public School - Grades 6-8 (843 Students)
In Attendance Zone5 minute drive / 1.7 miles away
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.
About GreatSchools Data on ApartmentHomeLiving.com.
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Preakness Apartments.
Arts Museums and Landmarks
Big Box and Retail
Kroger
1808 Alexandria Dr
3 minute drive / 1.03 miles away
Walgreens
110 Towne Center Dr
4 minute drive / 1.41 miles away
Colleges and Universities
Groceries
Kroger
1808 Alexandria Dr
3 minute drive / 1.03 miles away
Trader Joe's
2326 Nicholasville Rd
7 minute drive / 3.33 miles away
Publix
3801 Harrodsburg Rd
8 minute drive / 3.74 miles away
Hospitals
Parks and Recreation
Preakness Apartments has 3 parks within 9.5 miles, including The Arboretum State Botanical Garden, Ashland, and Equus Run Vineyards.
Shopping Centers
Preakness Apartments has 5 shopping centers within 1.4 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington Studio Apartments | $1,152 | $625 | $1,816 |
| Lexington 1 Bedroom Apartments | $1,218 | $695 | $3,199 |
| Lexington 2 Bedroom Apartments | $1,472 | $805 | $5,699 |
| Lexington 3 Bedroom Apartments | $1,916 | $854 | $3,400 |
| Lexington 4 Bedroom Apartments | $1,506 | $739 | $3,600 |
Nearby Apartments
Nearby Homes
Did You Know?
The average Apartment shopper researches 4 properties in detail before signing a lease.