201 E Sixth St
LexingtonKY40508
Cheap Apartments for Rent in the Elsmere Park Neighborhood of Lexington, KY from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elsmere Park area of Lexington.
921 N Broadway
LexingtonKY40505
close
View Me
Rent Specials
$800 - $1,0001 to 3 Bedroom Apartments Available Now
Rosetown Apartments
320 Elm Tree LnLexington, KY 40508
238 Rose St
LexingtonKY40508
933 N Broadway
LexingtonKY40505
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.
262 N Broadway
LexingtonKY40507
close
View Me
312 S Upper St
LexingtonKY40508
918 N Limestone
LexingtonKY40505
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
Showing Results 1-16, 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 | $1,314 | $815 | $1,745 |
| Elsmere Park 1 Bedroom Apartments | $1,119 | $595 | $1,660 |
| Elsmere Park 2 Bedroom Apartments | $1,455 | $900 | $2,071 |
| Elsmere Park 3 Bedroom Apartments | $1,337 | $1,000 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 16 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Elsmere Park Apartments for Rent
The cheapest available apartment rental in the Elsmere Park area of Lexington, KY is a 2 Beds unit found at Rosetown Apartments priced from $900. Rose Tower Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Elsmere Park apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rosetown Apartments | Two Bedroom | 2BR,1BA | $900 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $950 |
| Hub Lexington Upper | 4x2 Mansion | 4BR,2BA | $1,115 |
| Park Plaza Apartments | Maxwell | Studio,1BA | $1,120 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $1,160 |
Best Value Apartments for Rent in Elsmere Park, KY
As of November 12, 2025 the best value apartment in the Elsmere Park area is the $1.82 price per square foot Two Bedroom Model at The Flats at 345 in the in the Northside Historic Residential neighborhood starting from $1,725. The second greatest value Elsmere Park apartment is the Two Bedroom Model at Rosetown Apartments starting at $900 with a $1.19 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 | $1.82 |
| Rosetown Apartments | Two Bedroom | 2BR,1BA | $1.19 |
| Hub Lexington Upper | 2x2 VIP | 2BR,2BA | $1.85 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $2.32 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $2.11 |
| Park Plaza Apartments | Maxwell | Studio ,1BA | $2.93 |
| Studios180 - Short/Long Term Leases | Furnished Studio | Studio ,1BA | $3.70 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
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.
Let everyone know!
Do you know the Elsmere Park area?
If you’re an expert on all things Elsmere Park, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleElsmere Park, Lexington, KY
Ranked #55
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 the Cheapest Studio apartment in Elsmere Park?
Currently the most affordable Cheap Studio Apartment in Elsmere Park is at Park Plaza Apartments listed at $1,120.
How much is rent for a Cheap One Bedroom Elsmere Park Apartment?
The lowest price for a Cheap One Bedroom Elsmere Park Apartment is $950 at Rose Tower Apartments.
What is the lowest price for a Cheap Two Bedroom Elsmere Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elsmere Park is starting from $900 at Rosetown Apartments.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.