Paynes, Lexington, KY
Paynes — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Paynes, Lexington, Kentucky. Explore the cited sources and local facts below while agent underwriting continues.
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Paynes Neighborhood Overview
Paynes is a quiet, established neighborhood located in the southeastern quadrant of Lexington, Kentucky. Known for its tree-lined streets and a strong sense of community, it offers a convenient location with easy access to major roads and downtown.
Housing & Real Estate
The neighborhood primarily features charming, mid-century ranch-style homes and well-kept bungalows on spacious lots. With a median home value of approximately $195,700, Paynes represents one of Lexington's more affordable entry points into homeownership.
Schools & Education
Paynes is served by the Fayette County Public Schools district, with students typically attending nearby elementary, middle, and high schools. The area is known for its family-friendly atmosphere, with several well-regarded public and private school options within a short drive.
Parks & Recreation
Residents enjoy proximity to several parks, including nearby Pleasant Ridge Park, which offers playgrounds, sports fields, and walking paths. The neighborhood's mature trees and sidewalks also make it ideal for casual strolls and outdoor gatherings.
Local Dining & Shopping
While primarily residential, Paynes is just minutes from a variety of shopping centers and restaurants along Richmond Road and Nicholasville Road. From local diners and pizzerias to national retailers, daily conveniences and dining are easily accessible.
Who Lives Here
Paynes is a diverse neighborhood of working professionals, young families, and long-time residents. With a median household income around $44,500, it attracts those seeking a stable, value-oriented community within Lexington's city limits.
Paynes Market Data
| Metric | Value |
|---|---|
| Median Home Price | $196K |
| Median Gross Rent | $859/mo |
| Median Household Income | $45K |
| Homeownership Rate | 32.5% |
| Renter-Occupied | 67.5% |
| Rental Vacancy Rate | 5.3% |
| Market Type | Balanced |
| Primary ZIP Code | 40504 |
Top Real Estate Agents in Paynes, Lexington
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Paynes, Lexington, KY. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Kentucky Real Estate Commission (KREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15