Shillito Park Apartments
3500 Beaver Place Rd,
Lexington, KY 40503
$1,150 - $1,295 | 1-2 Beds
Southwest Lexington
Lexington, KY
Southwest Lexington - Lexington, KY
Area Guide
This region of Lexington is home to one of the city’s largest commercial districts
University
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Great Location
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Shopping
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Entertainment
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Nightlife
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Southwest Lexington encompasses several different neighborhoods including Open Gates, Rosemill, Picadome, and more. Convenient to the University of Kentucky, Baptist Health Lexington, and downtown this region of the city is great for students, young professionals, and families. Southwest Lexington is known for housing one of the largest commercial districts in the city, making life very convenient for residents. Locals just have to take a quick drive to Nicholasville Road to access a large range of shopping centers, restaurants, entertainment venues, and thriving nightlife spots. Along this thoroughfare you’ll find Fayette Mall, big-box department stores, and specialty shops. This commercial district offers plenty of eateries to choose from, from national chains to local spots serving late-night eats. If you’re looking for family-friendly fun, go to the movie theater or head over to Malibu Jack's Lexington, an indoor amusement center with mini-golf, go-karts, and more. Once the sun sets, explore the vibrant nightlife in Southwest Lexington. There are a variety of late-night hotspots for anyone to enjoy, from casual sports bars to trendy gastropubs. Get a laugh and a cocktail at Comedy Off Broadway or sing the night away at Survivors. With all of these options, it’s clear why so many people flock to Southwest Lexington.
Southeast Lexington is also known for its beautiful green spaces. You’ll find residents working out at Shillito Park or strolling through the impressive, elegant gardens at the Arboretum, State Botanical Garden of Kentucky. If you’re a student who wants easy access to campus or a professional who wants amenities right outside their home, Southwest Lexington is a great choice.
Rent Trends
As of March 2025, the average apartment rent in Southwest Lexington is $744 for a studio, $1,002 for one bedroom, $1,265 for two bedrooms, and $1,786 for three bedrooms. Apartment rent in Southwest Lexington has increased by 3.5% in the past year.
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Studio
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412 sq ft
Average Sq Ft
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$744/month
Average Rent
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1 BR
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713 sq ft
Average Sq Ft
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$1,002/month
Average Rent
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2 BR
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1,022 sq ft
Average Sq Ft
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$1,265/month
Average Rent
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3 BR
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1,354 sq ft
Average Sq Ft
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$1,786/month
Average Rent
Points of Interest
Shopping Centers
Parks and Recreation
- State Botanical Garden of Kentucky
- Waveland State Historic Site
- Explorium
- 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 2025.