
Cheap Apartments for Rent in the North Elizabeth St Neighborhood of Lexington, KY from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Elizabeth St area of Lexington.


Kampus Properties STUDENT HOUSING - 2024-'25

337 S Broadway Park

Davis Park Station

The Studios at Belmont - MAJOR UTILITIES INCL

312 S Upper St

The Axis at 1435

858 S Broadway

Preserve Lexington

860 S Broadway

146 Shawnee Pl

Belmont Run Apartments
North Elizabeth St, Lexington, KY Local Guide

How much does it cost to rent an apartment in North Elizabeth St?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Elizabeth St Studio Apartments | $1,272 | $810 | $1,816 |
| North Elizabeth St 1 Bedroom Apartments | $1,201 | $695 | $2,669 |
| North Elizabeth St 2 Bedroom Apartments | $1,466 | $854 | $3,272 |
| North Elizabeth St 3 Bedroom Apartments | $1,470 | $999 | $2,100 |
| North Elizabeth St 4 Bedroom Apartments | $1,536 | $739 | $3,600 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 1 mile radius of the North Elizabeth St Neighborhood of Lexington, KY.
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North Elizabeth St, Lexington, KY Local Guide
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Cheapest Available North Elizabeth St Apartments for Rent
 The cheapest available apartment rental in the North Elizabeth St area of Lexington, KY is a 1 Bed unit found at MidTown Apartments priced from $610. VELO - Waller Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable North Elizabeth St apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| MidTown Apartments | Bedroom | 1BR,1BA | $610 |
| VELO - Waller Avenue | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
| The Studios at Belmont - MAJOR UTILITIES INCL | Studio | Studio,1BA | $895 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $950 |
| Belmont Run Apartments | One Bedroom | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in North Elizabeth St, KY
As of November 14, 2025 the best value apartment in the North Elizabeth St area is the $1.83 price per square foot 4 x 3 Standard Model at Burley Properties in the in the Downtown Lexington neighborhood starting from $2,500. The second greatest value North Elizabeth St apartment is the 525: 1 Bed - 1 Bath Model at Latitude Lexington starting at $1,419 with a $1.75 price per square foot in the Downtown Lexington neighborhood. Here is today’s list of the best values for North Elizabeth St apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Burley Properties | 4 x 3 Standard | 4BR,3BA | $1.83 |
| Latitude Lexington | 525: 1 Bed - 1 Bath | 1BR,1BA | $1.75 |
| 545 S Limestone, Unit 2 | 545 S Limestone | 2BR,1BA | $2.06 |
| Preserve Lexington | A3 | 1BR,1BA | $1.77 |
| Hub Lexington Upper | 2x2 VIP | 2BR,2BA | $1.85 |
| 1729 Midtown | 2BR/1.0BA | 2BR,1BA | $2.28 |
| Belmont Run Apartments | One Bedroom | 1BR,1BA | $1.56 |
| Gateway Lofts Lexington | Young | Studio ,1BA | $2.72 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $2.11 |
| MidTown Apartments | Bedroom | 1BR,1BA | $1.43 |
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Pet Friendly LifestyleNorth Elizabeth St, Lexington, KY
Ranked #45
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in North Elizabeth St, Lexington, KY
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States, including Lexington. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, places to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap North Elizabeth St Apartments
What is the Cheapest Studio apartment in North Elizabeth St?
Currently the most affordable Cheap Studio Apartment in North Elizabeth St is at The Studios at Belmont - MAJOR UTILITIES INCL listed at $895.
How much is rent for a Cheap One Bedroom North Elizabeth St Apartment?
The lowest price for a Cheap One Bedroom North Elizabeth St Apartment is $610 at MidTown Apartments.
What is the lowest price for a Cheap Two Bedroom North Elizabeth St Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in North Elizabeth St is starting from $1,299 at Preserve Lexington.
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.












