Comptroveby RentSpire

Park Hill Apartments in

2500 Alumni Drive, Lexington, KY, 40517

Market rate 192 units (unit count basis: listing-reported) Hazard/risk read: not observed

Asking & effective rent by bedroom

Average asking rent across observed units: $1,287. Average effective rent: $1,287.

TypeAsking rentEffective rentAvg sqftObservations
1 bedroom$1,117$1,117not observed4
2 bedroom$1,421$1,421not observed3
3 bedroom$1,697$1,697not observed1

HUD Fair Market Rent gap

HUD area: Lexington-Fayette, KY MSA.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

No nearby comparables with rent data were found within 3 miles.

Sources & provenance

Sourced from https://andersoncommunities.com/communities/park-hill/ — 22 observation(s), last observed Aug 11, 2026.

Data age: 6 days. Last observed: Aug 11, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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