Nearby rentals
Property management
Pet Friendly
Canopy Property Management
Hardwood floors, modern fixtures, stainless-steel appliances, and an open concept kitchen combine with a downtown location and pet-friendly environment. Nearby dining, entertainment, wellness options, and fitness venues add convenience, while ample natural light and HVAC support everyday comfort; photo coverage and proximity to highly rated schools further add appeal.
Things you’ll love
Elementary school nearbyMiddle school nearbyCentral heatGreat for
Pet owners
Wellness
Social lifeFeatures
| Air Conditioning | Ceiling Fan |
| Central Air Conditioning | Central Heat |
| Hardwood Cabinet | Hardwood Floor |
| Tenant Pays All Utilities |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Refrigerator |
| Stainless Steel Appliances |
Community
| Cats OK | Dogs OK |
| No Smoking |
Other
| One Year Lease |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Modern 3BR/2BA Home | Renovated Finishes | Prime Downtown Location Welcome to 414 E Fifth St, Lexington, KY 40508—a 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 storage—perfect for cooking, entertaining, and everyday living. *NOTE: The washer and dryer were left by the previous tenant, and are not warranted by Canopy Property Management or the property owner.* 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 down—an 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 quickly—schedule your private tour today and submit your application before this opportunity is gone. Copy and paste this link into your browser for a 3-D tour: https my matterport com show ?m=aTuDwwveaH4 Visit our website to see all our vacancies and schedule showings: https www canopypropertymgmt com vacancies 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.
How 414 E Fifth St compares to other nearby properties.
Positives
| Zip code | 40508 |
|---|---|
| Type | House for rent |
3-bedroom apartments at 414 E Fifth St cost about 11% less than the average rent price for 3-bedroom apartments in Lexington.
| Month | Median Rent |
|---|---|
| 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 |
| September 2026 | $1,796 |
| October 2026 | $1,799 |
| November 2026 | $1,799 |
Can I afford to live at 414 E Fifth St?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$63,800/yr
| 8 months ago | $1,495 |
555 e 5th st
lexington, KY, 40508
701 east main st
lexington, KY, 40502
707 howard st
lexington, KY, 40508
465 springhill dr
lexington, KY, 40503
165 springhill dr
lexington, KY, 40503
3900 Crosby Dr
2 Beds
$1,267–$3,196
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
175 N Locust Hill Dr
2 Beds
$1,284–$1,456
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
175 N Mount Tabor Rd
2 Beds
$1,177–$1,252
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.300 Lindenhurst Dr
2 Beds
$1,425
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Andover Forest • 408 408 Bainbridge Court - 1 & 2
2 Beds
$1,295
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Liberty Area • 1749 Liberty Rd
2–3 Beds
$1,090–$1,329
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.408 Bainbridge Ct
2 Beds
$1,175
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.615 N Upper St
2 Beds
$1,395
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.3900 Crosby Dr
2 Beds
$1,267–$3,196
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.175 N Locust Hill Dr
2 Beds
$1,284–$1,456
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.175 N Mount Tabor Rd
2 Beds
$1,177–$1,252
Total Monthly Price. The price shown reflects a 15-month lease and includes base rent and all known required monthly fees, based on information provided by the property.300 Lindenhurst Dr
2 Beds
$1,425
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Andover Forest • 408 408 Bainbridge Court - 1 & 2
2 Beds
$1,295
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Liberty Area • 1749 Liberty Rd
2–3 Beds
$1,090–$1,329
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.408 Bainbridge Ct
2 Beds
$1,175
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.615 N Upper St
2 Beds
$1,395
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
