420 E Third St #202, Lexington, KY 40508
Hallway closet, there are two in this unit plus a linen clos
Property image
OFF MARKET
  • 1 Bed
  • 1 Bath
  • 850 sqft

420 E Third St #202, Lexington, KY 40508

Central Downtown

Home Highlights

Apartment
Built in 2016
850 sqft

Local Information

  • Map ViewExplore the area around 420 E Third St #202.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

One bedroom apartment available now. Conveniently located downtown near the Legacy Trail. These units are walking distance to many downtown businesses and amenities. Next door to Martine's Pastries on the corner of Eastern Avenue.
Unit offers hard wood floors, high ceilings, energy efficient appliances, and HVAC. Private parking is located on site. Buildings have secured key pad entry and coin operated laundry.
Small pets are allowed. $150 Application Fee. Security deposit is required ($700)
Applicants will need two forms of ID verification of income and references.

The address is 420 East Third St #201 Lexington, KY 40508

Owner pays trash, sewer, and water. Tenant is responsible for electric.
420 E Third St #202, Lexington, KY 40508 is a 1 bedroom, 1 bathroom, 850 sqft apartment in Central Downtown, built in 2016. More recently, it was listed as a rental in September 2025 with an asking price of $950 per month. That rental listing was removed on September 13, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,002/month.

Home Details for 420 E Third St #202

Property Information

Year Built
Year Built: 2016
Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Appliances & Utilities
DishwasherDisposalRefrigerator
Heating & Cooling
Air ConditioningCooling System: Central Air
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site

Additional Information

Gated

Comparable Sales for 420 E Third St #202

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
261 S Limestone #304, Lexington, KY
0.80
Apartment
$315,000
03/24/26
1
2
1,008 sqft
405 W 3rd St, Lexington, KY
0.75
Apartment
$590,000
01/07/26
2
1
1,000 sqft
400 N Limestone, Lexington, KY
0.50
Apartment
$305,000
02/01/26
1
1
-
S Upper St, Lexington, KY
1.08
Apartment
$313,000
03/23/26
2
2
990 sqft
1167 Turkey Foot Rd #3, Lexington, KY
2.43
Apartment
$249,000
08/14/26
2
2
1,072 sqft
624 Golfview Dr, Lexington, KY
2.16
Apartment
$140,000
11/20/25
5
5
-
840 Malabu Dr #110, Lexington, KY
3.71
Apartment
$80,000
08/07/26
1
1
660 sqft
3195 Yellowstone Pkwy, Lexington, KY
4.01
Apartment
$287,500
12/29/25
2
1
840 sqft
550 Darby Creek Rd #3, Lexington, KY
3.99
Apartment
$193,000
03/25/26
2
1.5
1,080 sqft
2869 Blackford Pkwy, Lexington, KY
4.78
Apartment
$520,118
07/29/26
4
3
2,653 sqft
Home facts updated by county records

Nearby homes

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Rental Market Trends in Central Downtown

Last updated Sep 2026
Trulia Rent Estimate$1,002/mo
Average rent
$1.54K
$153MoM
Available listings
48
View rental market trends in Lexington, KY

Around this home

Neighborhood Overview

Central Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Central Downtown

At least 30 Trulia users voted on each feature.

  • 88 % Say there are sidewalks

  • 86 % Say it's dog friendly

  • 81 % Say there's holiday spirit

  • 79 % Say parking is easy

  • 79 % Say streets are well-lit

  • 78 % Say it's walkable to restaurants

  • 72 % Say car is needed

  • 65 % Say people would walk alone at night

  • 63 % Say they plan to stay for at least 5 years

  • 58 % Say neighbors are friendly

  • 51 % Say yards are well-kept

  • 50 % Say it's quiet

  • 50 % Say kids play outside

  • 46 % Say there are community events

  • 36 % Say it's walkable to grocery stores

  • 28 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "there's lots of other dogs in the neighborhood and friendly neighbors as well. it's an overall great neighborhood to live in with a lot of kind people. "
    0
    Flag
  • Trulia User
    "We have a 4th of July block party every year, Main Street is close off in front of our homes the fireworks are right across the street. "
    1
    Flag
  • Zachary C. M.
    "It’s a college area so it’s not the quietest. Be prepared to hear emergency vehicles and pedestrians "
    1
    Flag
  • Ana
    "Close to all downtown events, Kentucky native etc. Not the kind of neighborhood where you have a street party, potlucks etc. "
    4
    Flag
  • Clara W.
    "It’s right next to the park, which is great for walking and playing with your dogs. However, some houses in these areas do not have backyards, so it is difficult if you have a dog constantly needing access to the outdoors or accustomed to a backyard. "
    5
    Flag
  • Laura W.
    "The commute is okay. I work in Nicholasville so we head out on Tate’s Creek in the morning and it’s not too bad. The stop lights are pretty annoying. "
    0
    Flag
  • karenw
    "I’ve lived in this neighborhood for 11 years. Neighbors are friendly, good people. I walk to neighborhood and downtown events, restaurants, coffee shops, theaters. I love living in downtown area."
    18
    Flag
  • Junisabelo
    "They like it because they can let the dog run out the backyard.... but I dnt mind since I have no pets."
    1
    Flag
  • Beth C.
    "Must leash and walk quite a way to allow dogs to potty. Small yards some not fenced. Historical neighborhood which means people are pickier."
    2
    Flag
  • Angieclift
    "W. Second St. Lexington, Ky is a great downtown area to walk or just enjoy yourself at a nearby restaurant, pub, brewery or distillery. W. Second street is conveniently located within short walking distance to Gratz park, the home of Mary Todd Lincoln or Triangle park. Do a little shopping at Festival Market, Victorian Square or a wine shop. Watch the Kentucky Wildcats play at Rupp Arena. Thursday, Friday and Saturdays are usually the busiest times of the week for this area. Very close to public and highly rated private schools in a matter of just a few minutes walking. Bus stops located on the same street. Excellent historical part of Lexington, Ky to hang out and enjoy yourself."
    0
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Sep 13, 2025
Source: Zillow Rentals
ListingRemoved
$950
Sep 8, 2025
Source: Zillow Rentals
Listed For Rent
$950
Apr 13, 2024
Source: Zillow Rentals
ListingRemoved
Apr 3, 2024
Source: Zillow Rentals
Listed For Rent
$850
Feb 11, 2024
Source: Zillow Rentals
ListingRemoved

Frequently asked questions about 420 E Third St #202

  • Is Lexington a buyer's or seller's market?
    Lexington is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Lexington?
    The median sale price in Lexington is $336K. That is up $4.83K from the prior month.
  • What do residents say about the Central Downtown neighborhood?
    Residents describe the Central Downtown neighborhood in Lexington, KY as pedestrian-friendly, dog-friendly, and easy to park in. See recently sold homes in Central Downtown, Lexington.
  • What are the closest schools to 420 E Third St #202?
    The closest schools to 420 E Third St #202 in Lexington, KY are Ashland Elementary School (rated 9/10), Henry Clay High School (rated 7/10), Lexington Middle School (rated 5/10).
  • Does 420 E Third St #202 have air conditioning?
    Yes, 420 E Third St #202 in Lexington, KY has air conditioning.
  • Does 420 E Third St #202 have parking?
    Yes, 420 E Third St #202 in Lexington, KY has on-site parking.

Homes for rent near 420 E Third St #202

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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
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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