5+ Days Ago
Highlights
Pet Friendly
- Private deck
- In-unit washer and dryer
- Updated bathroom
- All included utilities
- Cozy living room
Location
161 Preston Ave #3, Lexington, KY 40502, USA
Tour 161 Preston Ave #3
Contact
Kentucky Rental Homes Mgmt
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Property Overview
Private deck, a cozy living room, and an updated bathroom create a comfortable and inviting interior, complemented by the convenience of an in-unit washer and dryer. All utilities included simplifies budgeting and everyday living, while the layout and features can appeal to a wide range of lifestyles and daily routines.
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 #3
Community
| Cats OK | Dogs 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
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 161 Preston Ave #3
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 May 1st! Come enjoy the charm of Kenwick in this fully furnished gem.
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
Address details
| Zip code | 40502 |
|---|---|
| Type | House for rent |
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Rent trends in Lexington
2-bedroom apartments at 161 Preston Ave #3 cost about 15% more than the average rent price for 2-bedroom apartments in Lexington.
Median rents as of Apr 18 2026.
Lexington
| Month | Median Rent |
|---|---|
| May 2024 | $1,368 |
| June 2024 | $1,345 |
| July 2024 | $1,392 |
| August 2024 | $1,357 |
| September 2024 | $1,332 |
| October 2024 | $1,367 |
| November 2024 | $1,368 |
| December 2024 | $1,310 |
| January 2025 | $1,315 |
| February 2025 | $1,320 |
| March 2025 | $1,325 |
| April 2025 | $1,323 |
| May 2025 | $1,379 |
| June 2025 | $1,364 |
| July 2025 | $1,369 |
| August 2025 | $1,364 |
| September 2025 | $1,368 |
| October 2025 | $1,378 |
| November 2025 | $1,324 |
| December 2025 | $1,296 |
| January 2026 | $1,307 |
| February 2026 | $1,295 |
| March 2026 | $1,295 |
| April 2026 | $1,298 |
Affordability calculator
Can I afford to live at 161 Preston Ave #3?
Bedrooms
2 bedroomsRent-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
$60,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 2-bedrooms monthly rent price of $1,500.
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.| Bath | |||||
|---|---|---|---|---|---|
| 3 months ago | $1,600 | 1 bed | 1 bath | ||
| 5 months ago | $1,500 | 1 bed | 1 bath | ||
| 7 months ago | $1,800 | 1 bed | 1 bath | ||
| 9 months ago | $1,600 | 1 bed | 1 bath | ||
| 1 year ago | $1,600 | 1 bed | 1 bath | ||
| 1 year ago | $1,500 | 2 bed | 1 bath | ||
| 2 years ago | $1,400 | 2 bed | 1 bath | ||
| 6 years ago | $525 | 1 bed | 1 bath | ||
| 6 years ago | $675 | 1 bed | 1 bath |
Schools near 161 Preston Ave #3
Ashland Elementary School
195 n ashland ave
lexington, KY, 40502
K-5Public
A
Fcps Virtual Academy
701 east main st
lexington, KY, 40502
K-12Public
Fayette Pre-School
465 springhill dr
lexington, KY, 40503
PKPublic
Fayette County Preschool
165 springhill dr
lexington, KY, 40503
PKPublic
Booker T. Washington Elementary School
707 howard st
lexington, KY, 40508
PK, K-5Public
C+
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Internet available near 161 Preston Ave #3
Getting around Lexington near 161 Preston Ave #3
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 #3, 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
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