Trifecta on Red Mile - Newly Renovated!
700 Red Mile Rd,
Lexington, KY 40504
$1,095 - $1,295 Total Monthly Price
1-2 Beds | 12 Month Lease
Area Guide
Red Mile Lexington, KY
Kentucky’s horse racing history inundates this charming suburb
Suburban
•
Entertainment
•
Walkable
Red Mile is really a collection of a few neighborhoods that surrounding the horse racing track for which it’s named. Just a few minutes west of the center of Lexington and the University of Kentucky, Red Mile hosts a variety of affordable apartments and homes, and opens residents up the walkable locale that is Lexington.
Aside from the popular race track, Red Mile is largely residential. If you’re hungry or looking to shop, South Broadway on the neighborhood’s southern edge has plenty to offer in the way of food and retail. If you’re looking to unwind within the neighborhood, Addison Park and Gary Brewer Jr. Golf Course make for a prime picnic spot or leisurely evening spent practicing your swing. If you’re looking for more of nightlife scene, Downtown Lexington is just nearby
Rent Trends
As of May 2026, the average apartment rent in Red Mile is $1,051 for one bedroom, $1,201 for two bedrooms, and $1,433 for three bedrooms. Apartment rent in Red Mile has decreased by -1.3% in the past year.
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1 BR
-
596 sq ft
Average Sq Ft
-
$1,051/month
Average Rent
-
2 BR
-
876 sq ft
Average Sq Ft
-
$1,201/month
Average Rent
-
3 BR
-
1,096 sq ft
Average Sq Ft
-
$1,433/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Red Mile - Lexington, KY is for everyday living.
Moderately Walkable
Walkability
60
/ 100
Limited Public Transit
Transit
30
/ 100
Moderately Drivable
Drivability
70
/ 100
Fairly Bikeable
Bikeability
50
/ 100
Daily Essentials
Essentials are more spread out in Red Mile - Lexington, KY, so everyday errands require more planning.
Supermarket Within a 20 Minute Walk
Groceries
40
/ 100
Fair Restaurant Variety Nearby
Restaurants
50
/ 100
Limited Café Variety Nearby
Cafes
30
/ 100
Fair Variety of Shops Nearby
Shopping
40
/ 100
Recreation
Red Mile - Lexington, KY provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
70
/ 100
Limited Wellness Amenity Variety Nearby
Wellness
30
/ 100
Local Vibe
Get a sense of what it’s like to live in Red Mile - Lexington, KY from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
30
/ 100
Limited Nightlife Variety Nearby
Nightlife
30
/ 100
Not Noisy
Quiet Score
100
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Explorium
- State Botanical Garden of Kentucky
- Waveland State Historic Site
- Kentucky Horse Park
Military Bases
Airports
- Blue Grass
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.