Preakness Apartments

1707-1724 Versailles Rd, Lexington, KY 40504

Waiting List Forecast: Likely None

check_circleVerified for 2024 by David Layfield

Rent	Beds	Baths	SqFt
$745 - 1,050 per Month^†	1 - 3 Beds	1 Bath	667 - 924 Sq Ft

Call (859) 710-6659

Waitlist Forecast

Since this property is probably not participating in an official affordable housing program, it does not have a waiting list.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

While this property does not participate in an official government affordability program, our research indicates that there are some rents at this property well below market rate rents for comparable listings.

Dave's Thoughts On Preakness Apartments

Naturally Occurring Affordable Housing (NOAH) means that Preakness Apartments, while not participating in an official government affordability program (such as LIHTC, Public Housing, or Project-Based Vouchers), still has rents comparable to properties that are participating in affordable housing programs. We've made this determination because our research indicates that one or more units at this property have rent significanlty less than average market-rate rents for similar sized units in the area.

~ Dave Layfield, Founder of Affordable Housing Online

Units at Preakness Apartments

Unit (Bd/Ba)	Ft²	Rent
1728-508 (1/1)	667ft²	$745^†
1724-112 (2/1)	924ft²	$900^†
1707-11 (3/1)	924ft²	$1,050^†

FAQs for Preakness Apartments

Does Preakness Apartments have a waiting list?

Preakness Apartments probably doesn't have a waiting list. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Preakness Apartments?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

In addition to Preakness Apartments, how many other affordable housing properties (and units) are there in Lexington?

In addition to Preakness Apartments, we list 176 other affordable properties in Lexington. Learn about these properties here. Our data research shows that there are a total of 5333 affordable units in Lexington.

When was the Preakness Apartments listing last updated?

Preakness Apartments listing on Affordable Housing Online was last updated on 09/06/2024 by Ric Gresia. Remember, a property's status can change so you should contact the property to confirm.