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Demand for mid-priced units in Lexington, Kentucky, drives down apartment vacancy

A softening construction pipeline will support tight market conditions over the near term
Recent completions of mid-priced units support apartment demand in Lexington, Kentucky, such as Kearney Ridge at 2559 Kearney Ridge Blvd.
Recent completions of mid-priced units support apartment demand in Lexington, Kentucky, such as Kearney Ridge at 2559 Kearney Ridge Blvd.
CoStar Analytics
November 19, 2024 | 4:13 P.M.

Apartment demand in Lexington, Kentucky, totaled roughly 230 units in the third quarter of 2024, making it the strongest third quarter since 2020.

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