Updated 3 Hours Ago
Location
541 W Short St #3, Lexington, KY 40507, USA
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Property Overview
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
Elementary school nearby- More space
- Extra Storage
Great for
Social life
Eco living
Amenities for 541 W Short St #3
Features
| 2 Floors | Carpet |
| Fireplace | Natural Gas |
Appliances
| Dishwasher | Electric |
| In-Unit Laundry |
Community
| Onsite Laundry | Roof Type: Composition |
Grounds
| Outdoor Space | Storage |
Other
| Architecture Style: Colonial | Exterior Type: Brick Veneer |
| Heat Pump Heating | Nine Rooms |
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
About 541 W Short St #3
Property Status: Active Location, location, location! The 'three L's' truly set this Opera House Square townhome apart. Ideally positioned in the heart of downtown Lexington, you're approximately 1.5 blocks from the new Gatton Park and just moments from Rupp Arena, restaurants, bars, hotels, the Farmers Market, the Opera House, and all the energy of downtown. Yet, with the neighboring church providing a welcome buffer from city activity, this gated community offers a surprising sense of separation and privacy. Inside, the spacious two-story layout offers an excellent foundation for you to make it your own. The main level features an expansive living room with a gas fireplace and built-in shelving, a dedicated dining area, kitchen with breakfast bar seating, and guest half-bath. Upstairs, the dual-suite design includes two bedrooms, each with a private attached bath, plus a convenient laundry nook. One of the property's standout features is the enclosed, open-air brick garden patio--a rare find among competing downtown properties and an inviting spot for outdoor dining, entertaining, gardening, or simply relaxing. An outdoor shed provides additional storage. Recent enhancements include updated light fixtures in the kitchen and baths, fresh interior paint, and newly drywalled living room accents. Concrete-block separation walls shared by only select units further enhance the feeling of privacy and quiet. With a great layout, exceptional downtown location, and hard-to-find private outdoor space, this property presents an exciting opportunity to live in a cool neighborhood. Office Phone: (859) 245-1165 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 541 W Short St, Lexington, KY 40507, USA compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 miles away
- More space
- The 2-bedroom is 403 sqft larger than other listings nearby
- Extra Storage
- In-unit features
- Fireplace
- In-unit features available
- Images available
- There are at least 10 photos of this address
- Outdoor space
- One or more rentals here have easy access to the outdoors
Considerations
- Greater distance from high schools
- The nearest high school is farther than 0.8 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 0.5 miles away
- Priced higher than average
- Some 2-bedrooms here are $350 more than the median rent in this area
Address details
| Zip code | 40507 |
|---|---|
| Type | House for rent |
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Rent trends in Lexington
2-bedroom apartments at 541 W Short St #3 cost about 69% more than the average rent price for 2-bedroom apartments in Lexington.
Median rents as of Oct 31 2026.
Lexington
| Month | Median Rent |
|---|---|
| November 2024 | $1,350 |
| 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 | $1,360 |
| September 2026 | $1,350 |
| October 2026 | $1,325 |
Affordability calculator
Can I afford to live at 541 W Short St #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
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 2-bedrooms monthly rent price of $2,200.
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 | |||||
|---|---|---|---|---|---|
| 2 Beds, 2 Baths | 3 months ago | $2,250 | 2 bed | 2.5 bath | |
| 2 Beds, 2 Baths | 1 year ago | $2,195 | 2 bed | 2.5 bath | |
| 2 Beds, 2 Baths | 1 year ago | $2,100 | 2 bed | 2.5 bath | |
| 2 Beds, 2 Baths | 1 year ago | $1,650 | 2 bed | 2 bath | |
| 2 Beds, 2 Baths | 1 year ago | $1,750 | 2 bed | 2.5 bath | |
| 2 Beds, 2 Baths | 2 years ago | $1,850 | 2 bed | 2.5 bath | |
| 2 years ago | $1,895 | 2 bed | 2.5 bath | ||
| 2 Beds, 2 Baths | 2 years ago | $1,595 | 2 bed | 2 bath | |
| 2 Beds, 2 Baths | 3 years ago | $1,800 | 2 bed | 2.5 bath |
Schools near 541 W Short St #3
Harrison Elementary School
161 bruce st
lexington, KY, 40507
K-5Public
C+
Booker T. Washington Elementary School
707 howard st
lexington, KY, 40508
PK, K-5Public
C+
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
Getting around Lexington near 541 W Short St #3
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 541 W Short St #3, Lexington
Groceries
9/10
The nearest general grocery store is within a 5-minute walk, and there are also some specialist food stores nearby.
Shopping
6/10
Several fashion stores are within a short walk.
Cafes
5/10
The closest café is within a 10-minute walk, and there are some other cafés within walking distance.
Restaurants
7/10
A variety of restaurants are within a short walk.
Primary schools
10/10
At least one elementary school within a 5-minute walk.
High schools
9/10
At least one high school within a 5-to-10-minute walk.
Parks
6/10
Some parks in the area.
Nightlife
5/10
Some bars are within walking distance.
Other units at this address
541 W Short St, Lexington, KY
541 W Short St Lexington, KY
Occupied
32
2 Beds
2.5 Baths
$1,350
Occupied
Apt 27
2 Beds
2.5 Baths
$1,895
Microwave • Hardwood Floor • Assigned Parking • Dishwasher
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