
Cheap Homes for Rent in Elsmere Park Neighborhood of Lexington, KY from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Elsmere Park area of Lexington.


563 Ohio St

633 Ohio St

445 Davidson Ct

265 N Limestone

437 E 7th St
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752 Florida St

723 Jackson St

165 Wittland Ln

119 Bermuda Ave

614 Ohio St

180 E Loudon Ave
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375 S Upper St
Elsmere Park, Lexington, KY Local Guide

How much does it cost to rent a home in Elsmere Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elsmere Park 2 Bedroom Homes for Rent | $1,589 | $849 | $2,750 |
| Elsmere Park 3 Bedroom Homes for Rent | $1,662 | $1,495 | $1,950 |
| Elsmere Park 4 Bedroom Homes for Rent | $2,558 | $1,400 | $4,500 |
| Elsmere Park 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 $950. Hub Lexington Upper has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,115. 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 | $950 |
| 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 |
| The Flats at 345 | One Bedroom | 1BR,1BA | $1,245 |
Best Value Apartments for Rent in Elsmere Park, KY
As of February 22, 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 |
| The Flats at 345 | One Bedroom | 1BR,1BA | $2.26 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $2.36 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $2.11 |
| Park Plaza Apartments | Maxwell | Studio ,1BA | $3.40 |
| Studios180 - Short/Long Term Leases | Furnished Studio | Studio ,1BA | $3.70 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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.
Pet Friendly LifestyleElsmere Park, Lexington, KY
Ranked #56
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 Elsmere Park
What type of rentals are currently available in Elsmere Park?
There are currently 238 Apartments for Rent in Elsmere Park, KY with pricing that ranges from $800 to $2,381. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elsmere Park ranging from $849 to $4,500.
What is the current price range for Rental Homes in Elsmere Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elsmere Park ranges from $849 to $4,500 with an average monthly rent of $2,185.
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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.