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5+ Days Ago
Highlights
Pet Friendly
Location
240 East Third Street, Lexington, Kentucky 40508, United States|Downtown Lexington
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Property Overview
240 East Third is highly regarded with a Zumper expert rating of 8.3, reflecting its competitive pricing and exceptional amenities, rated 9 out of 10, which enhance the living experience. Located conveniently near top-rated schools and public transport, it also offers an active lifestyle with numerous local event hubs and restaurants, fostering a vibrant social scene. Additionally, it supports pet-friendly living with nearby resources and outdoor spaces, making it an appealing choice for diverse renters.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Middle school nearby
- High school nearby
Great for
Social life
Pet owners
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 1,100 sqft | This beautiful duplex is the perfect spot! New hardwood floors throughout, Stainless Steel Appliances, Granite Countertops, 3 large living spaces, 1 bedroom with bathroom that has a beautiful stand-up shower. Off Street Parking. Large Deck. Fenced Yard. $1200 rent/ $150 utility package $1200 deposit Hablamos EspaÑOl (859)538-5600 Ext. 1 compasspointmgmt. com **** Requirements: -Valid Id, Ss Number Or Itin -Monthly, Gross, Household Income Must Be At Least 3X The Rent -You Must Have At Least 90 Days On Current Job -Must Have Good Standing With Past/Current Landlord -We Run A Credit, Eviction And Criminal Background Check, 650+ Credit score -Pets Allowed With Breed Restrictions And Fees -No Evictions, No Felonies And No Recent Criminal Activity |
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Amenities for 240 East Third
Apartment Amenities
| Washer/Dryer Hookups |
Appliances
| Dishwasher | Stove, Fridge & Dishwasher |
Building
| Cats OK | Dogs OK |
Grounds
| Off-Street Parking |
Services
| Package Service |
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
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Building details
Property details
| Units | 2 |
|---|
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About 240 East Third
This beautiful duplex is the perfect spot! New hardwood floors throughout, Stainless Steel Appliances, Granite Countertops, 3 large living spaces, 1 bedroom with bathroom that has a beautiful stand-up shower. Off Street Parking. Large Deck. Fenced Yard. $1200 rent/ $150 utility package $1200 deposit Hablamos EspaÑOl (859)538-5600 Ext. 1 compasspointmgmt. com **** Requirements: -Valid Id, Ss Number Or Itin -Monthly, Gross, Household Income Must Be At Least 3X The Rent -You Must Have At Least 90 Days On Current Job -Must Have Good Standing With Past/Current Landlord -We Run A Credit, Eviction And Criminal Background Check, 650+ Credit score -Pets Allowed With Breed Restrictions And Fees -No Evictions, No Felonies And No Recent Criminal Activity
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 240 East Third is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 240 East Third has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
240 East Third stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
240 East Third goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 240 East Third receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
240 East Third is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 240 East Third does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
240 East Third provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
240 East Third is great for:
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 240 East Third compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 525 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 0.2 mile away
- High school nearby
- There is a high school 1 mile away
- Dishwasher
- Dishwasher available in kitchen
- Package service
- More secure storage for delivery
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Downtown Lexington
Median rents as of Dec 13 2025.
Downtown Lexington
Lexington
| Month | Median Rent |
|---|---|
| December 2023 | $825 |
| January 2024 | $800 |
| February 2024 | $872 |
| March 2024 | $895 |
| April 2024 | $870 |
| May 2024 | $875 |
| June 2024 | $969 |
| July 2024 | $936 |
| August 2024 | $855 |
| September 2024 | $886 |
| October 2024 | $923 |
| November 2024 | $915 |
| December 2024 | $934 |
| January 2025 | $925 |
| February 2025 | $904 |
| March 2025 | $865 |
| April 2025 | $774 |
| May 2025 | $788 |
| June 2025 | $880 |
| July 2025 | $979 |
| August 2025 | $1,056 |
| September 2025 | $1,025 |
| October 2025 | $875 |
| November 2025 | $887 |
| December 2025 | $972 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,445 |
| March 2024 | $1,425 |
| April 2024 | $1,345 |
| May 2024 | $1,445 |
| June 2024 | $1,445 |
| July 2024 | $1,420 |
| August 2024 | $1,345 |
| September 2024 | $1,345 |
| October 2024 | $1,345 |
| November 2024 | $1,345 |
| February 2025 | $1,345 |
| March 2025 | $1,335 |
| April 2025 | $1,295 |
| May 2025 | $1,295 |
| June 2025 | $1,295 |
| July 2025 | $1,295 |
| August 2025 | $1,295 |
| September 2025 | $1,295 |
| October 2025 | $1,295 |
| November 2025 | $1,295 |
Schools near 240 East Third
Harrison Elementary School
161 bruce st
lexington, KY, 40507
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 240 East Third
Getting around Lexington near 240 East Third Street
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 240 East Third Street, Lexington
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
5/10
Some bars within a few minutes’ walk
Explore the area around 240 East Third Street
Pak & Save Supermarkets
503 E Third St
Lexington Farmers' Market
628 N Broadway
Wilson's Grocery Meat
1010 Cramer Ave
Kroger
704 Euclid Ave
Phillips Market
553 S Limestone
Family Dollar
401 Race St
Albert Couture
576 E Third St
Howard & Miller
400 Old Vine St
Urban Outfitters
401 W Main St
Urban Outfitters
401 W Main St
Third Street Stuff & Coffee
257 N Limestone
A Cup of Commonwealth
105 Eastern Ave
Catrina Coffee Roasters
105 Eastern Ave
Starbucks
110 W Main St
Starbucks
740 S Limestone Ave
Minglewood
159 N Limestone
Ona
108 Church St
The Bar Complex
224 E Main St
Crossings
117 N Limestone
Bourbon on Rye
115 W Main St
Martine's Pastries
400 E Third St
Blue Bunting Bakery LLC
230 N Limestone
Sunrise Bakery
111 W Main St
Backroads Bakery
109 W Sixth St
Triple Bake LLC
250 W Main St
Northeastern Park
Park
Duncan Park
Thoroughbred Park
Charles Young Park
China Star
196 N Martin Luther King Blvd
doodles breakfast and lunch
262 N Limestone
Bodega-Lexington Pasta
227 N Limestone
East End Tap & Table
333 E Main St
Subway
175 E Main St
Elm Tree / 3rd Inbound
Eastland
Elm Tree / Gunn Outbound
Night Eastland-N Limestone, Eastland
Elm Tree / 4th Outbound
Eastland, Night Eastland-N Limestone
4th / Elm Tree Inbound
Eastland
Martin Luther King / 3rd
Newtown Pike
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