261 Lyndhurst Pl
LexingtonKY40508
Cheap Apartments for Rent in the Elsmere Park Neighborhood of Lexington, KY from $400 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elsmere Park area of Lexington.
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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
240-242 E Fourth St
LexingtonKY40508
402 Gunn St
LexingtonKY40508
227 E 7th St
LexingtonKY40508
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Rent Specials
$1,165 - $1,8251 to 2 Bedroom Apartments Available Jun 12
The Flats at 345
345 Blackburn AveLexington, KY 40508
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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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$1,195 - $1,795
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$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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$1,279 - $3,695
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,279 - $3,695
Total Monthly Price
$1,279 - $3,695
Park Plaza Apartments
120 E Main StLexington, KY 40507
170 E Loudon Ave
LexingtonKY40505
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$1,4501 Bedroom Apartments Available Now
260 Lexington Avenue
260 Lexington AveLexington, KY 40508
312 S Upper St
LexingtonKY40508
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$1,500
Total Monthly Price
3 Bedroom Apartment Available May 1Total Monthly Price
Base Rent
$1,500
Total Monthly Price
$1,500
326 E High St, Unit 2, Unit 2
326 E High StLexington, KY 40507
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Studio Apartments
Stonehurst Studios
256 Lyndhurst PlLexington, KY 40508
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.
308 E 7th St
LexingtonKY40508
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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
704 Jackson St
LexingtonKY40505
633 Ohio St
LexingtonKY40508
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1 Bedroom Apartments
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.
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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
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1 Bedroom Apartments
524 W Third St
524 W Third StLexington, KY 40508
244 Warnock St
LexingtonKY40508
426 E Fifth St
LexingtonKY40508
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2 Bedroom Apartments
271 Lexington Ave
271 Lexington AveLexington, KY 40508
615 N Upper St
LexingtonKY40508
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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Studio to 1 Bedroom Apartments
620 N Limestone
620 N LimestoneLexington, KY 40508
425 Chestnut St
LexingtonKY40508
1107 Highland Park Dr
LexingtonKY40505
Showing Results 1-31, 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 | $1,318 | $589 | $1,795 |
| Elsmere Park 1 Bedroom Apartments | $1,433 | $800 | $2,486 |
| Elsmere Park 2 Bedroom Apartments | $1,788 | $900 | $2,100 |
| Elsmere Park 3 Bedroom Apartments | $1,384 | $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 31 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 4 Beds unit found at Hub Lexington Upper priced from $1,115. Artek Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,180. Here are the most affordable Elsmere Park apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hub Lexington Upper | 4x2 Mansion | 4BR,2BA | $1,115 |
| 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 | $1,279 |
| 260 Lexington Avenue | 1BR/1.0BA | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Elsmere Park, KY
As of April 21, 2026 the best value apartment in the Elsmere Park area is the $1.85 price per square foot 2x2 VIP Model at Hub Lexington Upper in the in the Northside Historic Residential neighborhood starting from $1,385. The second greatest value Elsmere Park apartment is the 1BR/1.0BA Model at 260 Lexington Avenue starting at $1,450 with a $1.94 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. |
|---|---|---|---|
| Hub Lexington Upper | 2x2 VIP | 2BR,2BA | $1.85 |
| 260 Lexington Avenue | 1BR/1.0BA | 1BR,1BA | $1.94 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $2.36 |
| Park Plaza Apartments | Maxwell | Studio ,1BA | $3.35 |
| Studios180 - Short/Long Term Leases | Furnished Studio | Studio ,1BA | $3.99 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleCash 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.
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.
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Pet Friendly LifestyleElsmere Park, Lexington, KY
Ranked #66
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 $1,450.
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 $1,893.
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 5 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.
Articles, How-To's, and Tips
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.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.