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Updated 12 minutes ago

Flats At 2875 - Newly-renovated Single-story!


2875 Palumbo Dr Lexington, KY

Studio - 2 Bed
•
1 - 2 Bath

288 - 864 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$945
288 ft2
1 Available
Managed By: Kampus Properties
Newly-Renovated Studio Apartments!
$945
Available May 1st, 2026
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1 Bed • 1 Bath
$1,095
576 ft2
1 Available
Managed By: Kampus Properties
Newly-Renovated One-Bedroom Apartments!
$1,095
Available Mar 1st, 2026
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1 Bed • 1 Bath
$894 - $984
Size: N/A
3 Available
Managed By:
#00903
$894
Available Now
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#01103
$899+
Available Now
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#01502
$919
Available Now
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View Rented Units
2 Beds • 1 Bath
$1,345
864 ft2
1 Available
Managed By: Kampus Properties
Newly Renovated 2 Bed, 1 Bath Apartments
$1,345
Available Mar 1st, 2026
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2 Beds • 2 Bath
$1,395
864 ft2
1 Available
Managed By: Kampus Properties
Newly Renovated 2 Bed, 2 Bath Apartments
$1,395
Available Mar 1st, 2026
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Where you'll live
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Flats At 2875 - Newly-renovated Single-story!
Flats At 2875 - Newly-renovated Single-story!
Flats At 2875 - Newly-renovated Single-story!
Amenities
Fitness Center
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $0
Property details
Description

Flats at 2875 is getting a full top-to-bottom transformation, bringing completely renovated, single-story apartments to one of Lexington’s most connected, always-moving areas.
With studio, one-bedroom, and two-bedroom layouts (2/1 and 2/2), each home is being rebuilt from scratch with brand-new kitchens, updated flooring and carpet, modern lighting, fresh paint, and refreshed exteriors. In-unit laundry is included, and new community additions like a fitness center and dedicated dog wash station make everyday life easier (and a little cleaner).
Very near to Saint Joseph East, Hamburg Pavilion, Richmond Road shopping and dining and quick hops onto New Circle Road, I-75, and Man O’ War, Flats at 2875 is perfectly positioned for people who want convenience, good food, and the flexibility to be everywhere.

Additional Details
Total Unit Count: 83
Last Updated: Updated 12 minutes ago
Contact Number: (859) 351-8445
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Photos Floor Plans Amenities
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$895
Man O War
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Flats At 2875 - Newly-renovated Single-story! by bedroom type below.
Studio
Suggested income:
$34,000
per year
1 Bedroom
Suggested income:
$39,400
per year
2 Bedroom
Suggested income:
$49,300
per year
Rent report

Flats At 2875 - Newly-renovated Single-story! Rent vs. Lexington Average

 Flats At 2875 - Newly-renovated Single-story!      Lexington Average
Studio
$945
$1,001
$0
$350
$700
$1,050
$1,400
1BR
$1,095
$1,091
$0
$400
$800
$1,200
$1,600
2BR
$1,370
$1,461
$0
$500
$1,000
$1,500
$2,000

Flats At 2875 - Newly-renovated Single-story! is asking 6% less than the average studio apartment in Lexington.

If you upsized to an average priced Lexington 1 bedroom apartment, you would pay 8% more per month.

Flats At 2875 - Newly-renovated Single-story! provides 32% less square footage than the average Lexington studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Flats At 2875 - Newly-renovated Single-story!
Studio $945 $3.30 $2,835
1BR $1,095 $1.90 $3,285
2BR $1,370 $1.60 $4,110
Lexington Average
Studio $1,001 $2.40 $3,003
1BR $1,091 $1.60 $3,274
2BR $1,461 $1.50 $4,383
3BR $1,527 $1.20 $4,580
4BR $1,381 $1.00 $4,142

Availability in Lexington

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 453 2BR units on the market in Lexington. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
6% 34% 38% 13% 8%
Available Units in Lexington
Studio 68
1BR 408
2BR 453
3BR 152
4BR 94
Location
Nearby Colleges

Bluegrass Community and Technical College

University of Kentucky

Nearby Hospitals
Name Distance
The Ridge Behavioral Health System 0.49 mi.
Saint Joseph East 0.51 mi.
Shri NER S Hospital For Children 2.45 mi.
Nearby Fire Stations
Name Distance
Lexington Fire Department 2.7 mi.
Winchester Fire Department 2.7 mi.
Clark County Fire Department 2.7 mi.
FAQs
Is this property currently leasing units?
Yes. There are 4 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 3 units available for move-in over the next 2 months. The soonest move-in date is March 01, 2026.
What's the square footage of the available units?
The available units range from 288 to 864 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,095 to $1,395. Flats At 2875 - Newly-renovated Single-story! has 1 bedroom units available starting at $1,095 and 2 bedroom units available starting at $1,345.
Where is this property located?
This property is at 2875 Palumbo Dr in Lexington, KY. It's 4.5 miles southeast from the center of Lexington.
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