How much does it cost to rent at Preserve Lexington?

Rent at Preserve Lexington in Lexington, KY ranges from $1,245 to $1,809 per month as of August 1, 2026.

What is the average 1 bed rent at Preserve Lexington?

The average 1 bed apartment at Preserve Lexington costs $1,346/month, starting from $1,245.

What is the average 2 bed rent at Preserve Lexington?

The average 2 bed apartment at Preserve Lexington costs $1,480/month, starting from $1,399.

What is the average 3 bed rent at Preserve Lexington?

The average 3 bed apartment at Preserve Lexington costs $1,809/month, starting from $1,809.

Is Preserve Lexington a good apartment complex?

Preserve Lexington has a 3.8-star rating on Google based on 173 reviews.

Updated today at 4:36 p.m. ET

Preserve Lexington

Name: Preserve Lexington
Address: 845 Red Mile Rd, Lexington, KY, 40504, US
Telephone: (866) 251-5302
Rating: 3.8

845 Red Mile Rd, Lexington, KY 40504, USA

3.8 (173 reviews) Official Website (866) 251-5302

Live pricing, refreshed today at 4:36 p.m. ET

Units Listed

$1,245

Starting at

$1,455

Average

$1,809

Highest

$1.79

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Pine Meadow rent trends

Beds

Pricing by Bedroom

1 Bed

$1,346

from $1,245 · 8 units

~532 sqft avg

2 Bed

$1,480

from $1,399 · 20 units

~905 sqft avg

3 Bed

$1,809

from $1,809 · 1 units

~1,199 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 (17)

Largest 8 movers of 17

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: moderate (building size is modeled).

Est. Monthly Revenue

$79K

$952K annual run rate

Modeled estimate

Est. Occupancy

65%

of about 84 units (modeled from leasing activity)

Effective Rent on New Leases

$1,442

vs $1,455 current asking ($13 negotiation gap)

Recent Lease Activity

84 units tracked; 55 assumed leased, 29 listed now

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

Unlock with Pro

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

Very high availability

8 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. Pine Meadow

Neighborhood

The Townhomes at Newtown Crossing

$899 The Vue Lexington

$995 Midtown Apartments

$1,005

Preserve Lexington

$1,245

Gateway Lofts Lexington

$1,432

Comparing 5 apartments in Pine Meadow. Click any bar to view that building.

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

Available Units

Sort

29 units

1 Bed / 1 Bath A1

$1,245/mo

443 ft² · $2.81/ft² · #3103

1 Bed / 1 Bath A1

$1,245/mo

443 ft² · $2.81/ft² · #4115

Up $78 since Jul 28 (was $1,167)

1 Bed / 1 Bath A1

$1,245/mo

443 ft² · $2.81/ft² · #6115

1 Bed / 1 Bath A1

$1,245/mo

443 ft² · $2.81/ft² · #6303

Up $78 since Jul 28 (was $1,167)

1 Bed / 1 Bath A2

$1,285/mo

480 ft² · $2.68/ft² · #2210

1 Bed / 1 Bath A2

$1,285/mo

480 ft² · $2.68/ft² · #8306

2 Bed / 2 Bath B6F

$1,399/mo

900 ft² · $1.55/ft² · #5101

Down $143 since Jun 27 (was $1,542)

2 Bed / 2 Bath B6F

$1,399/mo

900 ft² · $1.55/ft² · #5202

2 Bed / 2 Bath B3

$1,399/mo

887 ft² · $1.58/ft² · #8304

Down $168 since Jun 27 (was $1,567)

2 Bed / 2 Bath B3

$1,425/mo

887 ft² · $1.61/ft² · #3116

Down $83 since Jul 28 (was $1,508)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
3103	A1	1bd / 1ba	443	$1,245	$2.81	2026-08-13	Pro
4115	A1	1bd / 1ba	443	$1,245	$2.81	2026-08-12	Pro	Up $78 since Jul 28
6115	A1	1bd / 1ba	443	$1,245	$2.81	2026-08-30	Pro
6303	A1	1bd / 1ba	443	$1,245	$2.81	2026-09-05	Pro	Up $78 since Jul 28
2210	A2	1bd / 1ba	480	$1,285	$2.68	2026-09-15	Pro
8306	A2	1bd / 1ba	480	$1,285	$2.68	2026-10-03	Pro
5101	B6F	2bd / 2ba	900	$1,399	$1.55	2026-03-20	Pro	Down $143 since Jun 27
5202	B6F	2bd / 2ba	900	$1,399	$1.55	2026-10-15	Pro
8304	B3	2bd / 2ba	887	$1,399	$1.58	2026-01-15	Pro	Down $168 since Jun 27
3116	B3	2bd / 2ba	887	$1,425	$1.61	2025-12-12	Pro	Down $83 since Jul 28
3216	B3	2bd / 2ba	887	$1,433	$1.62	2026-06-10	Pro	Down $84 since Jul 28
2109	B3	2bd / 2ba	887	$1,460	$1.65	2026-07-25	Pro	Down $73 since Jul 28
2216	B3	2bd / 2ba	887	$1,460	$1.65	2026-08-12	Pro	Down $73 since Jul 28
4216	B3	2bd / 2ba	887	$1,460	$1.65	2026-07-14	Pro	Down $73 since Jul 28
8101	B3	2bd / 2ba	887	$1,460	$1.65	2026-08-05	Pro
4204	B7	2bd / 2ba	945	$1,473	$1.56	2026-06-09	Pro	Down $100 since Jul 28
3305	B4B	2bd / 2ba	932	$1,475	$1.58	2026-07-05	Pro	Down $73 since Jul 28
6201	B4B	2bd / 2ba	932	$1,475	$1.58	2026-07-03	Pro	Down $73 since Jul 28
8312	B4B	2bd / 2ba	932	$1,475	$1.58	2026-07-19	Pro
8305	B7	2bd / 2ba	945	$1,500	$1.59	2026-09-02	Pro	Down $73 since Jul 28
2212	B3	2bd / 2ba	887	$1,517	$1.71	2026-06-25	Pro	Down $50 since Jun 27
1102	B6F	2bd / 2ba	900	$1,535	$1.71	2026-07-20	Pro	Down $73 since Jul 28
5108	B6F	2bd / 2ba	900	$1,535	$1.71	2026-09-02	Pro	Down $73 since Jul 28
6104	B3	2bd / 2ba	887	$1,535	$1.73	2026-09-02	Pro	Down $73 since Jul 28
4201	B7	2bd / 2ba	945	$1,557	$1.65	2026-06-17	Pro	Down $50 since Jun 27
2204	A3	1bd / 1ba	760	$1,560	$2.05	2026-09-03	Pro	Up $78 since Jul 28
4116	B3	2bd / 2ba	887	$1,636	$1.84	2026-08-04	Pro	Down $4 since Jul 8
1108	A3	1bd / 1ba	760	$1,660	$2.18	2026-07-06	Pro	Down $7 since Jul 28
5205	C1	3bd / 2ba	1,199	$1,809	$1.51	2026-05-31	Pro	Up $89 since Jul 28

Train activity

Train activity nearby

Freight line 2,957 ft away · 4 trains/day

Daytime only (4 trains)
No road crossing within earshot. Horns unlikely.
Operator: RJCC

Why this matters →

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.