Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Quartz countertops
  • In unit washer and dryer
  • All new appliances
  • New cabinets
  • Large bedroom
  • Private access to front porch

Location

161 Preston Ave #1, Lexington, KY 40502, USA

Tour 161 Preston Ave #1

Contact

Kentucky Rental Homes

(859) 710-9170

Property Overview

Located in a desirable area, features include modern quartz countertops, new cabinets, and a complete set of appliances, enhancing functionality and style. Offering conveniences like an in-unit washer and dryer, along with a spacious bedroom, it provides both comfort and practicality. Additionally, the private access to a front porch adds to the appeal, making it great for enjoying outdoor space.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Images available

Great for

  • Pet owners

Amenities for 161 Preston Ave #1

Apartment Amenities

Hardwood Floor

Appliances

In-Unit Laundry

Building

Cats OKDogs OK
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 161 Preston Ave #1

HomeApartments in Lexington 161 Preston Ave #1, Lexington, KY 40502, USA

Available August 2025! Beautifully remodeled first floor home located on the first block of Preston in the desirable Kenwick neighborhood! This unit offers a living room, 1 large bedroom, kitchen and full bath plus in unit washer and dryer! Restored, original hardwood floors, quartz countertops, plus all new appliances. Enjoy brand new cabinets in the bathroom and private access to the front porch! Adorable finishings all throughout! Walk to the Kenwick Table for your morning coffee, or you're just a short drive from downtown Lexington! Water is included! Call or text to schedule a showing: 859-321-7029


Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 161 Preston Ave Apt 3, Lexington, KY 40502, USA compares to other nearby properties.

Positives

Images available
There are at least 10 photos of this address

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away
Greater distance from grade schools
The nearest elementary school is farther than 0.5 mile away
No in-unit dishwasher
Dishwashers aren't available

Address details

Zip code40502
TypeCondo for rent

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Rent trends in Lexington

1-bedroom apartments at 161 Preston Ave #1 cost about 64% more than the average rent price for 1-bedroom apartments in Lexington.

Median rents as of Dec 27 2025.
Lexington
A table of 1-bedroom apartment rental data trends in Lexington
MonthMedian Rent
January 2024$916
February 2024$925
March 2024$940
April 2024$962
May 2024$998
June 2024$1,005
July 2024$1,092
August 2024$1,071
September 2024$1,005
October 2024$1,002
November 2024$1,009
December 2024$997
January 2025$998
February 2025$997
March 2025$994
April 2025$970
May 2025$985
June 2025$1,046
July 2025$1,035
August 2025$1,009
September 2025$995
October 2025$996
November 2025$995
December 2025$990

Affordability calculator

Can I afford to live at 161 Preston Ave #1?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$64,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this 1-bedroom monthly rent price of $1,600.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 161 Preston Ave, Lexington, KY.
Last month$1,5001 bed1 bath
3 months ago$1,8001 bed1 bath
5 months ago$1,6001 bed1 bath
6 months ago$1,5002 bed1 bath
1 year ago$1,5002 bed1 bath
1 year ago$1,4002 bed1 bath
5 years ago$5251 bed1 bath
6 years ago$6751 bed1 bath
6 years ago$6751 bed1 bath

Schools near 161 Preston Ave #1

Ashland Elementary School

195 n ashland ave

lexington, KY, 40502

K-5Public
A

Fayette Pre-School

465 springhill dr

lexington, KY, 40503

PKPublic

Fayette County Preschool

165 springhill dr

lexington, KY, 40503

PKPublic
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Internet available near 161 Preston Ave #1

Getting around Lexington near 161 Preston Ave #1

Walking

6/10
Some shops and stores are within a few minutes.

Driving

6/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 161 Preston Ave #1, Lexington

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

8/10
At least one high school within a 15-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

4/10
Some bars within walking distance

Other units at this address

161 Preston Ave Apt 3 Lexington, KY

Occupied

1 Bed, 1 Bath

1 Bed

1 Bath

$525

Listed by Expert Property
Days on market: 2133
Adorable house right off Richmond Road! It is a Tri-plex. This is the upstairs unit. Water is included in rent. 1 car garage available for use (3 car garage one spot for each apt). This is a No Pet Property! Sorry, we do not accept Section 8.

Occupied

2

1 Bed

1 Bath

$1,500

Days on market: 127
Available now! Fully furnished! Beautifully remodeled first floor home located on the first block of Preston in the desirable Kenwick neighborhood! This unit offers a living room, 1 large bedroom, kitchen and full bath plus in unit washer and dryer! Restored, original hardwood floors, new countertops, plus all new appliances. Enjoy brand new cabinets and adorable finishings all throughout! Walk to the Kenwick Table for your morning coffee, or you're just a short drive from downtown Lexington! Water is included! Security deposit: One month’s rent Small pets considered; $300 pet fee per pet

Occupied

2 Beds, 1 Bath

2 Beds

1 Bath

$1,500

Days on market: 252
Welcome to 161 Preston Avenue #3, a beautifully remodeled, fully furnished 2-bedroom unit located on the first block of Preston in the heart of the Kenwick neighborhood! This second-floor home offers everything you need for a comfortable short- or mid-term stay. Inside, you'll find a cozy living room, full kitchen, updated bathroom, and in-unit washer and dryer. Adorable finishings give the space a warm, welcoming vibe, and the brand-new private deck offers a perfect spot to relax and enjoy the view. Walk to Kenwick Table for your morning coffee or take a quick drive to downtown Lexington—this location is as convenient as it is charming! Rental Details: -Rent: $1,500/month -Security Deposit: One month’s rent -Lease Term: 30+ day rental -Utilities: All included -Pet Policy: Small pets considered with $300 non-refundable pet fee -Income Requirement: Must make 2.5x the monthly rent to qualify Available now! Come enjoy the charm of Kenwick in this fully furnished gem.

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