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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.
1005 N Broadway
LexingtonKY40505
921 N Broadway
LexingtonKY40505
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547 N Broadway
LexingtonKY40508
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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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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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 | $1,422 | $1,195 | $1,745 |
| Elsmere Park 1 Bedroom Apartments | $1,341 | $725 | $2,112 |
| Elsmere Park 2 Bedroom Apartments | $1,527 | $800 | $1,820 |
| Elsmere Park 3 Bedroom Apartments | $1,093 | $875 | $1,250 |
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
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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 $900. The Flats at 345 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. 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 | $900 |
| The Flats at 345 | 325 One Bedroom | 1BR,1BA | $1,095 |
| Park Plaza Apartments | Maxwell | Studio,1BA | $1,120 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $1,160 |
| Studios180 - Short/Long Term Leases | Studio | Studio,1BA | $1,195 |
Best Value Apartments for Rent in Elsmere Park, KY
As of July 31, 2025 the best value apartment in the Elsmere Park area is the $2.11 price per square foot 325 One Bedroom Model at The Flats at 345 in the in the Northside Historic Residential neighborhood starting from $1,095. The second greatest value Elsmere Park apartment is the 1 Bed, 1 Bath Flat Model at Artek Lofts starting at $1,160 with a $2.32 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 | 325 One Bedroom | 1BR,1BA | $2.11 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $2.32 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $2.00 |
| Park Plaza Apartments | Maxwell | Studio ,1BA | $2.93 |
| Studios180 - Short/Long Term Leases | Furnished Studio | Studio ,1BA | $3.70 |
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Pet Friendly LifestyleElsmere Park, Lexington, KY
Ranked #64
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 $1,195.
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 $900, while the average apartment in Elsmere Park costs $1,550.
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.
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Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.