How much does it cost to rent at Merrick Place?

Rent at Merrick Place in Lexington, KY ranges from $1,350 to $2,295 per month as of September 23, 2026.

What is the average 1 bed rent at Merrick Place?

The average 1 bed apartment at Merrick Place costs $1,439/month, starting from $1,350.

What is the average 2 bed rent at Merrick Place?

The average 2 bed apartment at Merrick Place costs $1,690/month, starting from $1,545.

What is the average 3 bed rent at Merrick Place?

The average 3 bed apartment at Merrick Place costs $2,110/month, starting from $1,924.

Is Merrick Place a good apartment complex?

Merrick Place has a 4.6-star rating on Google based on 190 reviews.

Updated September 23, 2026 at 2:11 a.m. ET

Merrick Place

3260 Commodore Dr, Lexington, KY 40502, USA

4.6 (190 reviews) Official Website (833) 631-1195

Live pricing, refreshed September 23, 2026 at 2:11 a.m. ET

Units Listed

$1,350

Starting at

$1,683

Average

$2,295

Highest

$1.62

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Lexington 40502 rent trends

Beds

Pricing by Bedroom

1 Bed

$1,439

from $1,350 · 4 units

~774 sqft avg

2 Bed

$1,690

from $1,545 · 16 units

~1,040 sqft avg

3 Bed

$2,110

from $1,924 · 2 units

~1,584 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (49)

Largest 8 movers of 49

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

Building size: modeled from how many distinct units we have observed over time
Occupancy: building size minus currently listed units
Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: observed data only.

Observed Lease Revenue

$243K/mo

from 140 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,738

vs $1,683 current asking

Recent Lease Activity

162 units tracked; 140 assumed leased, 22 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

+30 pts: 15+ units currently listed
+25 pts: Active move-in specials
+20 pts: Deep discounts (>$150/mo off)
+15 pts: 5+ distinct floor plans
+10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

Good availability

13 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Lexington, KY

Similar

Lakewood Park Apartments

$859 Midtown Apartments

$1,005 The Reserve at Merrick Apartments & Townhomes

$1,145 Townley Park Apartments in Lexington KY

$1,203

Merrick Place

$1,350

The Village at Great Acres

$1,362 The Flats at 345

$1,555

Comparing this building against 6 similar Lexington, KY apartments by price. Click any bar to view that building.

See rent trends on the Lexington, KY map Explore Lexington, KY on the interactive map

Available Units

Sort

22 units

1 Bed / 1 Bath The Commonwealth

$1,350/mo

828 ft² · $1.63/ft² · #4

Down $90 since Sep 22 (was $1,440)

1 Bed / 1 Bath The Ben Ali

$1,411/mo

652 ft² · $2.16/ft² · #1

Up $6 since Sep 22 (was $1,405)

1 Bed / 1 Bath The Commonwealth

$1,490/mo

828 ft² · $1.80/ft² · #3

Up $7 since Sep 22 (was $1,483)

1 Bed / 1 Bath The Clairborne

$1,503/mo

788 ft² · $1.91/ft² · #2

Up $8 since Sep 22 (was $1,495)

2 Bed / 2 Bath The Stonestreet

$1,545/mo

1,120 ft² · $1.38/ft² · #15

Down $169 since Sep 22 (was $1,714)

2 Bed / 1 Bath The First Lady

$1,617/mo

835 ft² · $1.94/ft² · #5

Down $1 since Sep 21 (was $1,618)

2 Bed / 1 Bath The Keeneland

$1,620/mo

925 ft² · $1.75/ft² · #8

Down $1 since Sep 21 (was $1,621)

2 Bed / 1 Bath The Keeneland

$1,650/mo

925 ft² · $1.78/ft² · #7

Down $1 since Sep 21 (was $1,651)

2 Bed / 1 Bath The First Lady

$1,653/mo

835 ft² · $1.98/ft² · #6

Up $2 since Sep 20 (was $1,651)

2 Bed / 1.5 Bath The Myrtlewood Townhome

$1,682/mo

1,003 ft² · $1.68/ft² · #11

Down $4 since Sep 22 (was $1,686)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
4	The Commonwealth	1bd / 1ba	828	$1,350	$1.63	--	Pro	Down $90 since Sep 22
1	The Ben Ali	1bd / 1ba	652	$1,411	$2.16	--	Pro	Up $6 since Sep 22
3	The Commonwealth	1bd / 1ba	828	$1,490	$1.80	--	Pro	Up $7 since Sep 22
2	The Clairborne	1bd / 1ba	788	$1,503	$1.91	--	Pro	Up $8 since Sep 22
15	The Stonestreet	2bd / 2ba	1,120	$1,545	$1.38	--	Pro	Down $169 since Sep 22
5	The First Lady	2bd / 1ba	835	$1,617	$1.94	--	Pro	Down $1 since Sep 21
8	The Keeneland	2bd / 1ba	925	$1,620	$1.75	--	Pro	Down $1 since Sep 21
7	The Keeneland	2bd / 1ba	925	$1,650	$1.78	--	Pro	Down $1 since Sep 21
6	The First Lady	2bd / 1ba	835	$1,653	$1.98	--	Pro	Up $2 since Sep 20
11	The Myrtlewood Townhome	2bd / 1.5ba	1,003	$1,682	$1.68	--	Pro	Down $4 since Sep 22
17	The Stonestreet	2bd / 2ba	1,120	$1,684	$1.50	--	Pro	Down $11 since Sep 22
19	The Stonestreet	2bd / 2ba	1,120	$1,693	$1.51	--	Pro	Down $13 since Sep 22
18	The Stonestreet	2bd / 2ba	1,120	$1,695	$1.51	--	Pro	Up $2 since Sep 22
10	The Myrtlewood Townhome	2bd / 1.5ba	1,003	$1,712	$1.71	--	Pro	Up $2 since Sep 20
16	The Stonestreet	2bd / 2ba	1,120	$1,714	$1.53	--	Pro	Up $30 since Sep 22
9	The Limestone Townhome	2bd / 1.5ba	990	$1,725	$1.74	--	Pro	Up $2 since Sep 20
20	The Thoroughbred Club	2bd / 2ba	1,225	$1,737	$1.42	--	Pro	Up $8 since Sep 22
13	The Shakertown Townhome	2bd / 1.5ba	1,106	$1,760	$1.59	--	Pro	Down $30 since Sep 22
12	The Perryville Townhome	2bd / 1.5ba	1,080	$1,770	$1.64	--	Pro	Up $48 since Sep 22
14	The Shakertown Townhome	2bd / 1.5ba	1,106	$1,790	$1.62	--	Pro	Up $38 since Sep 22
21	The Transylvania Townhome	3bd / 2.5ba	1,334	$1,924	$1.44	--	Pro
22	The Woodford Townhome	3bd / 2.5ba	1,834	$2,295	$1.25	--	Pro

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Lexington, KY notes

No resident notes for this property yet.