Modern 3BR/2BA Home - Renovated Finishes - Prime Downtown Location.
Welcome to 414 E Fifth St, Lexington, KY 40508-a beautifully updated 3-bedroom, 2-bathroom rental home offering modern comfort in a prime central location. Frequently renovated to maintain fresh, contemporary finishes, this property blends classic charm with energy-efficient upgrades, including a tankless water heater for endless hot water and lower utility costs. With spacious living areas, stylish details, and a highly desirable setting, this home is designed for both comfort and convenience.
Property Features: 3 Bedrooms - 2 Full Bathrooms. Beautiful light-toned hardwood floors throughout. Stainless-steel appliances: refrigerator, oven/range, built-in microwave, dishwasher. Butcher block-style countertops. Open concept kitchen and living area. Ample cabinetry and open shelving for storage. Full bathtub with stylish tile surround. Industrial-style towel bars and modern fixtures. Energy-efficient tankless water heater. Modern paint colors with satin sheen finish. Ceiling fan for added comfort.
Inside, you'll find durable hardwood flooring that creates a warm, cohesive feel throughout the home. The open concept kitchen features stainless-steel appliances, butcher block-style countertops, and plenty of storage-perfect for cooking, entertaining, and everyday living.
NOTE: The washer and dryer were left by the previous tenant, and are not warranted by Canopy Property Management or the property owner.
The bedrooms offer generous layouts, hardwood floors, and large windows that fill each space with natural light. Bathrooms are thoughtfully designed with clean, modern finishes, including a full bathtub with a stylish tile surround. The tankless water heater provides unlimited hot water while helping keep energy costs down-an upgrade renters truly appreciate....
Location & Lifestyle. Situated near downtown amenities, this home places you minutes from local favorites such as Agave & Rye Lexington Square, Carson's Food & Drink - on Main, and Corto Lima. Enjoy nearby cultural attractions like Ashland - The Henry Clay Estate, The Living Arts & Science Center, and Triangle Park. With convenient access to grocery stores, dining, entertainment, and major thoroughfares, this location offers the best of city living while maintaining neighborhood charm.
If you're searching for a renovated 3-bedroom rental home in Lexington with modern finishes, energy-efficient features, and a central location, this property checks every box. Homes in this area lease quickly-schedule your private tour today and submit your application before this opportunity is gone.
Pet Policy: We welcome pets and strive to create a pet-friendly environment for responsible owners. Our pet policy includes a $300 non-refundable pet fee ($150 for each additional pet) plus monthly pet rent of $50 per dog or $35 per cat. While we love pets, breed restrictions apply.
No smoking allowed inside the residence. Pet Friendly, Hardwood floors, Stainless steel appliances, Dishwasher, Refrigerator, Central air conditioning, Microwave, Central heat, Dogs ok, Cats ok, Pets negotiable, Tenant pays all utilities, One year lease, Ceiling fans, Hardwood cabinets & No smoking.
54 days on RentalSource
RentalSource last checked: 8 hours ago · Listing updated: October 14, 2026
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.
Property Summary
Property Type:
House
Rental Fee:
$1,595
Bedrooms:
3 beds
Bathrooms:
2 baths
Size:
1,237 sqft
Pets:
Cats & dogs
Laundry:
In unit
Parking:
Inquire
Available:
Inquire
ID:
84418654
Amenities
•Washer/Dryer In Unit
•Air Conditioning
•Dishwasher
•Ceiling Fan
•Hardwood Floors
•Microwave
•Refrigerator
•Smoke-Free
•Stainless Steel Appliances
•Storage
Additional Details
This 3-bedroom, 2-bathroom house at 414 E Fifth St in Lexington, KY 40508 rents for $1,595 a month. It has 1,237 square feet and is pet friendly. 414 E Fifth St was advertised by Canopy Property Management on September 20, 2026.
How the Rent Compares
At $1,595 a month, this house is below the typical rent for 3-bedroom houses and townhouses in Lexington (about $1,800).
Typical $1,800This home $1,595
$1,400$2,630
From 86 three-bedroom houses and townhouses listed in Lexington on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$1,800Typical rent for 3-bedroom houses and townhouses in Lexington
The rent hasn't changed since it was listed on September 20. This home was last listed for rent on RentalSource from February to March 2026, starting at $1,650 and ending at $1,495. Today's rent is $100 higher.
Rent history for this home, newest first
Date
Event
Rent
Change
September 20, 2026
Listed for rent
$1,595+6.7%
+6.7%
March 28, 2026
Listing removed
$1,495
March 14, 2026
Price change
$1,495−9.4%
−9.4%
February 18, 2026
Listed for rent
$1,650
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 414 E Fifth St?
Bedrooms
3 bedrooms
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Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$63,800 /year
With your chosen rent-to-income ratio, an annual income of $63,800 is recommended to comfortably afford this 3-bedroom rental priced at $1,595 per month.
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