414 E 5th St, Lexington, KY 40508
Property image
Property image
FOR RENT
NEW - 22 HRS AGO
PET FRIENDLY

$1,595/mo

  • 3 Beds
  • 2 Baths
  • 1,237 sqft

414 E 5th St, Lexington, KY 40508

Duncan Park
Available Sep 25
Cost and fees breakdown
Price may not include required fees and charges.

Home Highlights

Single-Family Home
Dogs & Cats Allowed
Dishwasher
$1,595 deposit
Forced Air & Central Air

Local Information

  • Map ViewExplore the area around 414 E 5th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Modern 3BR/2BA Home | Renovated Finishes | Prime Downtown Location

Welcome to 414 E Fifth St, Lexington, KY 40508a 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 storageperfect for cooking, entertaining, and everyday living.

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 downan 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 quicklyschedule 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.

Details for 414 E 5th St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Appliances & Utilities
DishwasherRefrigerator
Levels, Entrance, & Accessibility
Floors: Hardwood

Days on Market

Days on Market: Just Listed

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: One Year LeaseAvailable: Sep 25thCats, small dogs allowedDeposit: $1,595
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Costs and Fees

Required monthly rent & fees
  • Base rent
    $1,595/mo
Required one-time fees
  • Security deposit
    $1,595
  • Application fee
    Contact for details
  • Administrative fee
    Contact for details
Pricing is subject to change. All calculations are estimates and provided for informational purposes only. Actual amounts may include additional mandatory or optional fees. Please consult the community manager for a complete breakdown of all rental costs.
See more

Rental Market Trends in Duncan Park

Last updated Sep 2026
Trulia Rent Estimate$1,504/mo
Average rent
$1.3K
$63MoM
Available listings
44
View rental market trends in Lexington, KY

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Duncan Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Duncan Park

At least 29 Trulia users voted on each feature.

  • 94 % Say there are sidewalks

  • 83 % Say it's dog friendly

  • 75 % Say parking is easy

  • 71 % Say yards are well-kept

  • 69 % Say it's walkable to restaurants

  • 65 % Say streets are well-lit

  • 62 % Say car is needed

  • 58 % Say kids play outside

  • 58 % Say there's holiday spirit

  • 56 % Say they plan to stay for at least 5 years

  • 55 % Say neighbors are friendly

  • 43 % Say it's quiet

  • 39 % Say people would walk alone at night

  • 37 % Say it's walkable to grocery stores

  • 30 % Say there are community events

  • 27 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "West sixth is right down the street, the people that live on the block are very friendly. It’s a great sometimes quiet neighborhood "
    1
    Flag
  • B.
    "loud neighborhood. cars with bass play music at all hours and have no respect for neighbors. not safe. people throw trash on sidewalks and grass. robberies happen all the time. prostitution, drugs, not somewhere you want to live. only positive is there is a bus line. "
    24
    Flag
  • Naomi S.
    "I love the fact the store is around the corner and family live very close by and people are very friendly and quiet street"
    5
    Flag
  • Matt W
    "I either walk or drive, about a 10 minute walk or a 3 minute drive. There are main bus routes in the neighborhood though making it very easy to get downtown quickly. "
    1
    Flag
  • Krn_allen
    "The drug and prostitution problem. It’s really getting out of control. I hate when the children are getting out of school and they have to see a lot of the foolishness while walking home. "
    14
    Flag
  • SamanthaLink7
    "It’s close to downtown, and so there is plenty space to walk your dog. There is plenty sidewalk space to you don’t have to pick where you walk. In the summer the water fountains are running and the dogs love to play in them. "
    6
    Flag

Local Legal Protections

LGBTQ • Source of Income

Price and Tax history

DateEventPrice
Sep 20, 2026
Source: Zillow Rentals
Listed For Rent
$1,595
Mar 28, 2026
Source: Zillow Rentals
ListingRemoved
$1,495
Mar 13, 2026
Source: Zillow Rentals
PriceChange
$1,495
Price decreased by 9%
Feb 17, 2026
Source: Zillow Rentals
Listed For Rent
$1,650
Jan 29, 2025
Source: Zillow Rentals
ListingRemoved
$1,250
Canopy Property Management
Canopy Property Management

Frequently asked questions about 414 E 5th St

  • What income do you need to rent 414 E 5th St?
    Most landlords look for monthly gross income of about 3× rent, or roughly $55K per year to rent 414 E 5th St in Lexington, KY at $1,595/mo.
  • What is the pet policy at 414 E 5th St?
    414 E 5th St in Lexington, KY allows cats and small dogs.
  • How does the rent for 414 E 5th St compare to similar 3-bedroom houses in Duncan Park?
    414 E 5th St in Lexington, KY rents about 18% below the area average for 3-bedroom houses in Duncan Park ($1,950/mo).
  • What are the closest schools to 414 E 5th St?
    The closest schools to 414 E 5th St in Lexington, KY are Frederick Douglass High School (rated 7/10), Lexington Middle School (rated 5/10), William Wells Brown Elementary School (Pre-K, rated 6/10).

Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
$57,420 PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

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414 E 5th St, Lexington, KY is a 3 bedroom, 2 bathroom, 1,237 sqft single-family home. 414 E 5th St is located in Duncan Park, Lexington. 414 E 5th St was listed for rent for $1,595/month on Sep 20, 2026. This property is pet friendly.