500 Ohio St
LexingtonKY40508
Cheap Apartments for Rent in the Elsmere Park Neighborhood of Lexington, KY from $400 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elsmere Park area of Lexington.
261 Lyndhurst Pl
LexingtonKY40508
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Rent Specials
$800 - $1,0001 to 3 Bedroom Apartments Contact Us For Availability
Rosetown Apartments
320 Elm Tree LnLexington, KY 40508
346 E 2nd St
LexingtonKY40508
402 Gunn St
LexingtonKY40508
823 Whitney Ave
LexingtonKY40508
547 N Broadway
LexingtonKY40508
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$1,180 - $1,5201 to 2 Bedroom Apartments Available Now
Artek Lofts
159 Old Georgetown StLexington, KY 40508
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,190 - $1,9251 to 2 Bedroom Apartments Available Now
The Flats at 345
345 Blackburn AveLexington, KY 40508
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$1,195 - $1,795
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
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$1,195 - $1,795
Total Monthly Price
$1,195 - $1,795
Studios180 - Short/Long Term Leases
180 N Martin Luther King BlvdLexington, KY 40507
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$1,289 - $3,695
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,289 - $3,695
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$1,289 - $3,695
Park Plaza Apartments
120 E Main StLexington, KY 40507
170 E Loudon Ave
LexingtonKY40505
163 Old Georgetown St, Unit 202
163 Old Georgetown St
LexingtonKY40508
312 S Upper St
LexingtonKY40508
706 Lancaster Ave
LexingtonKY40508
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$1,500
Total Monthly Price
3 Bedroom Apartment Available NowTotal Monthly Price
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$1,500
Total Monthly Price
$1,500
326 E High St, Unit 2
326 E High StLexington, KY 40507
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Studio Apartments
Stonehurst Studios
256 Lyndhurst PlLexington, KY 40508
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1 Bedroom Apartments
Matthews House Apartments
547 Breckenridge StLexington, KY 40508
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Studio to 1 Bedroom Apartments
Arlington Lofts
1001-1021 N Limestone StLexington, KY 40505
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1 to 3 Bedroom Apartments
330 Newtown Apartments
330 Newtown PikeLexington, KY 40508
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1 Bedroom Apartments
Rose Tower Apartments
137 Rose StLexington, KY 40507
633 Ohio St
LexingtonKY40508
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Studio to 1 Bedroom Apartments
Central Christian Church Apartments
249 E Short StLexington, KY 40507
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1 to 2 Bedroom Apartments
Lincoln Terrace Apartments
536 Georgetown StLexington, KY 40508
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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1 Bedroom Apartments
524 W Third St
524 W Third StLexington, KY 40508
246 Warnock St
LexingtonKY40508
426 E Fifth St
LexingtonKY40508
811 Shelby Ave
LexingtonKY40505
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2 Bedroom Apartments
271 Lexington Ave
271 Lexington AveLexington, KY 40508
419 E Fifth St
LexingtonKY40508
653 Jackson St
LexingtonKY40505
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Studio to 1 Bedroom Apartments
620 N Limestone
620 N LimestoneLexington, KY 40508
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.
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1 to 2 Bedroom Apartments
260 Lexington Avenue
260 Lexington AveLexington, KY 40508
434 N Martin Luther King Blvd
LexingtonKY40508
211 E Sixth St
LexingtonKY40508
Showing Results 1-35, Page 1 of 1
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 | $1,412 | $1,195 | $1,795 |
| Elsmere Park 1 Bedroom Apartments | $1,394 | $695 | $2,486 |
| Elsmere Park 2 Bedroom Apartments | $1,750 | $900 | $2,159 |
| Elsmere Park 3 Bedroom Apartments | $1,458 | $1,000 | $1,945 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Elsmere Park Neighborhood of Lexington, KY.
See all Apartments in LexingtonExplore Lexington
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 Artek Lofts priced from $1,180. Studios180 - Short/Long Term Leases has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here are the most affordable Elsmere Park apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $1,180 |
| Studios180 - Short/Long Term Leases | Studio | Studio,1BA | $1,195 |
| Park Plaza Apartments | Maxwell | Studio,1BA | $1,289 |
| The Flats at 345 | Two Bedroom | 2BR,2BA | $1,775 |
Best Value Apartments for Rent in Elsmere Park, KY
As of June 06, 2026 the best value apartment in the Elsmere Park area is the $1.88 price per square foot Two Bedroom Model at The Flats at 345 in the in the Northside Historic Residential neighborhood starting from $1,775. The second greatest value Elsmere Park apartment is the 326 E High St Model at 326 E High St, Unit 2 starting at $1,500 with a $1.67 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 | 2BR,2BA | $1.88 |
| 326 E High St, Unit 2 | 326 E High St | 3BR,1BA | $1.67 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $2.36 |
| Park Plaza Apartments | Maxwell | Studio ,1BA | $3.37 |
| Studios180 - Short/Long Term Leases | Furnished Studio | Studio ,1BA | $3.99 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleElsmere Park, Lexington, KY
Ranked #70
Among cities in Kentucky 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 $1,775.
What is the price of a cheap apartment in Elsmere Park?
The cheapest apartment in Elsmere Park is Artek Lofts which is listed at $1,180, while the average apartment in Elsmere Park costs $1,775.
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 4 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
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.
Helpful Local Expert Guides
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.
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Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.