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Rosetown Apartments
320 Elm Tree LnLexington, KY 40508
Cheap Apartments for Rent in the Elsmere Park Neighborhood of Lexington, KY from $500 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elsmere Park area of Lexington.
261 Lyndhurst Pl
LexingtonKY40508
1005 N Broadway
LexingtonKY40505
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from $8501 Bedroom Apartments Contact Us For Availability
Rose Tower Apartments
137 Rose StLexington, KY 40507
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
148 York St
LexingtonKY40508
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Elsmere Park, Lexington, KY Local Guide
How much does it cost to rent an apartment in Elsmere Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elsmere Park Studio Apartments | $1,419 | $1,195 | $1,745 |
| Elsmere Park 1 Bedroom Apartments | $1,361 | $725 | $1,811 |
| Elsmere Park 2 Bedroom Apartments | $1,601 | $800 | $1,965 |
| Elsmere Park 3 Bedroom Apartments | $937 | $875 | $1,000 |
| Elsmere Park 4 Bedroom Apartments | $4,000 | $4,000 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Elsmere Park Neighborhood of Lexington, KY.
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Elsmere Park, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
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Cheapest Available Elsmere Park Apartments for Rent
The cheapest available apartment rental in the Elsmere Park area of Lexington, KY is a 1 Bed unit found at Rose Tower Apartments priced from $850. Park Plaza Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,120. Here are the most affordable Elsmere Park apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $850 |
| Park Plaza Apartments | Maxwell | Studio,1BA | $1,120 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $1,125 |
| Studios180 - Short/Long Term Leases | Studio | Studio,1BA | $1,195 |
| The Flats at 345 | Two Bedroom Corner | 2BR,2BA | $1,675 |
Best Value Apartments for Rent in Elsmere Park, KY
As of June 25, 2025 the best value apartment in the Elsmere Park area is the $1.75 price per square foot Two Bedroom Corner Model at The Flats at 345 in the in the Northside Historic Residential neighborhood starting from $1,675. The second greatest value Elsmere Park apartment is the 1 Bed, 1 Bath Flat Model at Artek Lofts starting at $1,125 with a $2.25 price per square foot in the Northside Historic Residential neighborhood. Here is today’s list of the best values for Elsmere Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Flats at 345 | Two Bedroom Corner | 2BR,2BA | $1.75 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $2.25 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $1.89 |
| Park Plaza Apartments | Maxwell | Studio ,1BA | $2.93 |
| Studios180 - Short/Long Term Leases | Furnished Studio | Studio ,1BA | $3.70 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleElsmere Park, Lexington, KY
Ranked #58
Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Elsmere Park, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap Elsmere Park Apartments
What is a cheap apartment in Elsmere Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elsmere Park is under $1,675.
What is the price of a cheap apartment in Elsmere Park?
The cheapest apartment in Elsmere Park is Rose Tower Apartments which is listed at $850, while the average apartment in Elsmere Park costs $4,000.
What types of apartments are the cheapest in Elsmere Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Elsmere Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington
Written by: Catrina Cowart
Hi, I'm Catrina, your ApartmentHomeLiving.com Local Expert for Lexington, Kentucky, and I'm happy to talk to you about some of the neighborhoods that I've found to be particularly charming in this small city.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.