Updated 3 Hours Ago
Highlights
- Off-street parking
- Washer/dryer hookups
- Spacious living area
- Updated kitchen
- Central a/c and gas heat
Location
451 Chestnut St #B, Lexington, KY 40508, USA
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Property Overview
Offering off-street parking and updated amenities, this property features a spacious living area with ample natural light. With top-rated schools and a high value-for-money ranking, it presents an ideal environment for work-from-home setups and fitness enthusiasts, alongside a vibrant social scene with numerous restaurants, parks, and pet-friendly options nearby. The combination of central air conditioning and gas heat enhances comfort throughout the year.
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
Less expensive- Elementary school nearby
- Middle school nearby
Great for
Work-from-home
Social life
Wellness
Amenities for 451 Chestnut St #B
Apartment Amenities
| Air Conditioning |
Appliances
| In-Unit Laundry |
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
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 451 Chestnut St #B
Available August 21, 2026 – Recently Renovated Lexington Apartment! Welcome to your next home in the heart of Lexington! This beautifully updated 2-bedroom, 1-bath apartment is nestled just off North Limestone and East 5th Street — near Duncan Park. At Bluegrass Rental Management, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents and provide must-have services for our renters. The Total Monthly Price of $912 includes rent/Utility fee (Covers water, sewer, trash), plus utility setup assistance for Electric Services, credit building and more at a rate of $13.00/ month, required with the rental. Residents have the option to personalize some components during onboarding, which may increase or decrease the monthly amount. In addition to RBP, we provide access to liability insurance that meets your needs. More details upon application. TOTAL MONTHLY PRICE: $912 Rent: $899 Deposit: $899 MANDATORY MONTHLY FEES: -$13 RBP/ Month Application Fee: $47 | Move-in Fee: $99 | Lease Term: 12 months No smoking Pets welcome with fees: $250 one-time fee + $35/month per pet Inside You’ll Love: • Spacious living area with natural light • Central A/C and gas heat for year-round comfort • Updated kitchen with electric range • Washer/dryer hookups for your convenience • Off-street parking available Nearby Schools: • Arlington Elementary (0.7 mi) • Lexington Traditional Magnet Middle (1.2 mi) • Frederick Douglass High School (3.1 mi) Don’t miss your chance to live in one of Lexington's most desirable areas. Homes like this go fast—apply today for just $47! Utilities Not Included
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 451 Chestnut St #B compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Middle school nearby
- There is a middle school 0.4 mile away
Address details
| Zip code | 40508 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Lexington
2-bedroom apartments at 451 Chestnut St #B cost about 34% less than the average rent price for 2-bedroom apartments in Lexington.
Median rents as of Aug 15 2026.
Lexington
| Month | Median Rent |
|---|---|
| August 2024 | $1,300 |
| 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 |
| May 2026 | $1,339 |
| June 2026 | $1,350 |
| July 2026 | $1,352 |
| August 2026 | $1,356 |
Affordability calculator
Can I afford to live at 451 Chestnut St #B?
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
$35,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $35,960 annually to afford this 2-bedrooms monthly rent price of $899.
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.| 10 months ago | $899 |
Schools near 451 Chestnut St #B
William Wells Brown Elementary School
555 e 5th st
lexington, KY, 40508
PK, K-5Public
C+
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 451 Chestnut St #B
Neighborhood
Getting around Lexington near 451 Chestnut St #B
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 451 Chestnut St #B, Lexington
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
4/10
Some bars within a few minutes’ walk
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