Listed 1 Day Ago
Location
321 Preston Ave, Lexington, KY 40502, USA
Tour 321 Preston Ave
Contact
Belmont Realty Group
Nearby rentals
Property management
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Amenities for 321 Preston Ave
Features
| 2 Floors | Central Air |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Laundry Room | Roof Type: Shingle |
Grounds
| Outdoor Space | Storage |
Other
| Architecture Style: Ranch | Eight Rooms |
| Exterior Type: Vinyl Siding | Heat Pump Heating |
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
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About 321 Preston Ave
Property Status: Active Available now! Welcome to 321 Preston Avenue, a beautifully updated 3-bedroom, 2-bath home offering approximately 1,488 square feet in Lexington's desirable Kenwick neighborhood. Inside, you'll find luxury vinyl plank flooring, a renovated kitchen with new cabinetry, a breakfast bar and eat-in dining space, plus two remodeled bathrooms featuring tile showers, new vanities and contemporary finishes. The first-floor primary bedroom and soaking tub add everyday comfort, while the covered patio and partially fenced yard provide valuable outdoor space. A dishwasher, oven, refrigerator, washer and dryer are included. A new storage shed and concrete driveway are scheduled to be added within the coming weeks. Enjoy comfortable, move-in-ready living with convenient access to downtown Lexington, shopping, dining, parks and the University of Kentucky. Office Phone: (859) 494-2336 Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 321 Preston Ave compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
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
3-bedroom apartments at 321 Preston Ave cost about 45% more than the average rent price for 3-bedroom apartments in Lexington.
Median rents as of Aug 29 2026.
Lexington
| Month | Median Rent |
|---|---|
| September 2024 | $1,739 |
| October 2024 | $1,699 |
| November 2024 | $1,695 |
| December 2024 | $1,682 |
| January 2025 | $1,696 |
| February 2025 | $1,696 |
| March 2025 | $1,735 |
| April 2025 | $1,724 |
| May 2025 | $1,725 |
| June 2025 | $1,772 |
| July 2025 | $1,799 |
| August 2025 | $1,832 |
| September 2025 | $1,884 |
| October 2025 | $1,835 |
| November 2025 | $1,776 |
| December 2025 | $1,722 |
| January 2026 | $1,691 |
| February 2026 | $1,699 |
| March 2026 | $1,741 |
| April 2026 | $1,783 |
| May 2026 | $1,768 |
| June 2026 | $1,789 |
| July 2026 | $1,795 |
| August 2026 | $1,795 |
Affordability calculator
Can I afford to live at 321 Preston Ave?
Bedrooms
3 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
$104,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $104,000 annually to afford this 3-bedrooms monthly rent price of $2,600.
For more information on rent affordability, visit our rent calculator.
Schools near 321 Preston Ave
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
Booker T. Washington Elementary School
707 howard st
lexington, KY, 40508
PK, K-5Public
C+
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 321 Preston Ave
Getting around Lexington near 321 Preston Ave
Walking
6/10
Some shops and stores are within a few minutes.
Driving
7/10
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
2/10
There are a few mass transit options within the area.
Points of interest for 321 Preston Ave, Lexington
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
3/10
Some bars within walking distance
Explore the area around 321 Preston Ave
Wilson's Grocery Meat
1010 Cramer Ave
Save-A-Lot
1301 Winchester Rd
Pak & Save Supermarkets
503 E Third St
Farm Market
1079 E New Circle Rd
Seoul Market
1085 E New Circle Rd
Mad Hatter Hat Shop
400 Kingswood Dr
Bella Bliss
800 Winchester Rd
Lucia's World Emporium
328 N Ashland Ave
Room Service
933 Liberty Rd
The White Dress of Lexington
740 National Ave
Origin Espresso LLC
948 National Ave
Magee's Bakery
726 E Main St
Frank's Donuts
549 E Third St
Espresso Medic
1377 Pridemore Ct
JMT Coffee Inc
1377 Pridemore Ct
Brothers Bar & Grill
909 Winchester Rd
Lexington Outdoor Power Equipment
1111 Winchester Rd
Chevy Chase Inn
833 Euclid Ave
Bear & the Butcher
815 Euclid Ave
Luxe Lounge Medspa
867 E High St
Levain Neighborhood Bakery LLC
962 Delaware Ave
Babycakes Cupcakes
1616 Liberty Rd
J.F. Bongout Bakery & Grocery
907 Winchester Rd
Spalding's Bakery Inc
760 Winchester Rd
Poppy & Olive
264 Walton Ave
Kenwick Park
Ashland Estate
Isaac Murphy Memorial Art Garden
Johnson Heights Park
Bell Park
Buy the Barrel LLC
341 Henry Clay Blvd
Moody Mike's
962 Delaware Ave
Pasta Garage Cafe
962 Delaware Ave
Pho Kytchen
962 Delaware Ave
Hangar 54 Pizza
922 Detroit Ave
Liberty / 1028 Outbound
Hamburg Pavilion
Liberty / 1019 Inbound
Eastland, Hamburg Pavilion
Liberty / 1136 Outbound
Hamburg Pavilion
Liberty / 1601 Inbound
Eastland, Hamburg Pavilion
Winchester / 800 (Speedway)
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