2 Days Ago
Location
556 W Fifth St, Lexington, KY 40508, USA|North Upper Street
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Property Overview
556 W Fifth St in Lexington, KY appears to offer a convenient location with features that may appeal to buyers seeking easy access to nearby amenities and local destinations. Its strengths and notable details suggest a practical option for those prioritizing accessibility, character, and everyday convenience.
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- Images available
Great for
Social life
Amenities for 556 W Fifth St, North Upper Street
Appliances
| In-Unit Laundry |
Community
| Onsite 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 556 W Fifth St
Sweet deal!
This listing is 44% below the median price for 2 bedroom apartments in North Upper Street.
Charming one-level rental near downtown Lexington! This cozy home features a covered front porch, neutral paint, hard-surface flooring, and comfortable living spaces with natural light. The bedroom offers convenient closet shelving, and the layout provides simple, functional living. Located just minutes from downtown Lexington, Transylvania University, local restaurants, coffee shops, and entertainment. A great option for anyone looking for convenience, character, and an in-town location! Video Walk-Through: https youtu be Bui_v7eW0fg This is a NO SMOKING home. Smoking is not permitted inside the house, garage, or any other structure that is considered a part of the property. Type: Single Family Security Deposit: One Months Rent Administrative Fees: A non-refundable application fee is charged per applicant. A $100 Move in Admin Fee is charged with a signed lease. Appliances: Fridge, Range Laundry: Hookups are provided in the unit, residents are responsible for supplying washer/dryer. Heat: Electric Basement: No Utilities: Residents are responsible to pay all of the utilities: Electric, Water, Sewer, and Garbage. Pets and policy: Pets will be considered on a case by case basis. Non-refundable pet fee. Any damage caused by pets will be taken out of the residents security deposit. Fenced Yard: No Mowing: residents are responsible for all yard maintenance, including mowing. Schools: Please confirm all school districts with your local school board. Parking: Street Parking
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 556 W Fifth St, Lexington, KY 40508, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Images available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.5 mile away
- Pet restrictions
- Pets aren't allowed at this location.
Address details
| Neighborhood | North Upper Street |
|---|---|
| Zip code | 40508 |
| Type | House for rent |
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Rent trends in North Upper Street
2-bedroom apartments at 556 W Fifth St cost about 44% less than the average rent price for 2-bedroom apartments in Lexington.
Median rents as of Jul 4 2026.
North Upper Street
Lexington
| Month | Median Rent |
|---|---|
| July 2024 | $1,360 |
| 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 |
| May 2026 | $1,339 |
| June 2026 | $1,350 |
| July 2026 | $1,369 |
| Month | Median Rent |
|---|---|
| December 2024 | $1,600 |
| August 2025 | $1,205 |
| September 2025 | $1,095 |
| March 2026 | $1,750 |
Affordability calculator
Can I afford to live at 556 W Fifth St?
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
$39,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,800 annually to afford this 2-bedrooms monthly rent price of $995.
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 years ago | $625 | 1 bed | 1 bath |
Schools near 556 W Fifth St
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
Community Action Council The Prep Academy BCTC Child Development Center
164 opportunity way
lexington, KY, 40511
PKPublic
Fayette Pre-School
465 springhill dr
lexington, KY, 40503
PKPublic
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Internet available near 556 W Fifth St
Getting around Lexington near 556 W Fifth St
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is close to freeways and has adequate parking options.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 556 W Fifth St, Lexington
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 20-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
Other units at this address
556 W Fifth St, Lexington, KY
556 W Fifth St Lexington, KY
Occupied
1 Bed, 1 Bath
1 Bed
1 Bath
$625
On-Site Laundry
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Check availability
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