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Merrick Place apartments in Lexington, KY

Updated

Merrick Place

Live pricing, refreshed

31
Units Listed
$1,294
Starting at
$1,640
Average
$2,295
Highest
$1.66
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Lexington 40502 rent trends

Beds

Pricing by Bedroom

1 Bed
$1,427
from $1,294 · 6 units
~752 sqft avg
2 Bed
$1,654
from $1,545 · 23 units
~995 sqft avg
3 Bed
$2,114
from $1,932 · 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 (27)

Largest 8 movers of 27

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

$276K/mo

from 158 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,749

vs $1,640 current asking

Recent Lease Activity

189 units tracked; 158 assumed leased, 31 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

31

Very high availability

15 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

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

Available Units

31 units

Select a unit to see its price history and link to the rental site.

1 Bed / 1 Bath Unit 221B
$1,294/mo
625 ft² · $2.07/ft²

Starting base rent

Available: Dec 4, 2026

Down $3 since Oct 15 (was $1,297)
1 Bed / 1 Bath Unit 340B
$1,350/mo
828 ft² · $1.63/ft²

Starting base rent

Available: Nov 6, 2026

1 Bed / 1 Bath Unit 509A
$1,432/mo
652 ft² · $2.20/ft²

Starting base rent

Available: Nov 14, 2026

Down $3 since Oct 15 (was $1,435)
1 Bed / 1 Bath Unit 336B
$1,460/mo
828 ft² · $1.76/ft²

Starting base rent

Available: Oct 31, 2026

Down $3 since Oct 15 (was $1,463)
1 Bed / 1 Bath Unit 330A
$1,505/mo
788 ft² · $1.91/ft²

Starting base rent

Available: Oct 20, 2026

Down $5 since Oct 15 (was $1,510)
1 Bed / 1 Bath Unit 348B
$1,519/mo
788 ft² · $1.93/ft²

Starting base rent

Available: Nov 7, 2026

Down $4 since Oct 15 (was $1,523)
2 Bed / 2 Bath Unit 383B
$1,545/mo
1,120 ft² · $1.38/ft²

Starting base rent

Available: Contact for availability

2 Bed / 1 Bath Unit 455B
$1,588/mo
835 ft² · $1.90/ft²

Starting base rent

Available: Dec 10, 2026

2 Bed / 1 Bath Unit 453A
$1,588/mo
835 ft² · $1.90/ft²

Starting base rent

Available: Nov 28, 2026

2 Bed / 1.5 Bath Unit 3516
$1,595/mo
990 ft² · $1.61/ft²

Starting base rent

Available: Oct 23, 2026

Down $47 since Oct 6 (was $1,642)

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.

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