261 Lyndhurst Pl
LexingtonKY40508
Cheap Apartments for Rent in the North Elizabeth St Neighborhood of Lexington, KY from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Elizabeth St area of Lexington.
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$745 - $1,4001 Bedroom Apartments Available Now
VELO - Waller Avenue
353 Waller AveLexington, KY 40504
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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$795 - $850Studio Apartments Available Aug 14
Kampus Properties STUDENT HOUSING - 2024-'25
400-418 Aylesford PlLexington, KY 40508
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$870 - $1,2501 to 3 Bedroom Apartments Contact Us For Availability
Davis Park Station
512 De Roode StreetLexington, KY 40508
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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Showing Results 1-16, Page 1 of 1
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 | $1,324 | $795 | $1,659 |
| North Elizabeth St 1 Bedroom Apartments | $1,440 | $610 | $3,930 |
| North Elizabeth St 2 Bedroom Apartments | $1,938 | $854 | $4,818 |
| North Elizabeth St 3 Bedroom Apartments | $2,359 | $1,250 | $6,828 |
| North Elizabeth St 4 Bedroom Apartments | $1,520 | $739 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 16 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 VELO - Waller Avenue priced from $745. Rose Tower Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable North Elizabeth St apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| VELO - Waller Avenue | NEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO... | 1BR,1BA | $745 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $900 |
| Belmont Run Apartments | One Bedroom | 1BR,1BA | $995 |
| Park Plaza Apartments | Maxwell | Studio,1BA | $1,120 |
| 524 & 525 Angliana | 525: 1 Bed - 1 Bath | 1BR,1BA | $1,404 |
Best Value Apartments for Rent in North Elizabeth St, KY
As of July 25, 2025 the best value apartment in the North Elizabeth St area is the $1.55 price per square foot House Model at MidTown Apartments in the in the Montclair neighborhood starting from $2,450. The second greatest value North Elizabeth St apartment is the 4 x 3 Standard Model at Burley Properties starting at $2,500 with a $1.83 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. |
|---|---|---|---|
| MidTown Apartments | House | 4BR,4BA | $1.55 |
| Burley Properties | 4 x 3 Standard | 4BR,3BA | $1.83 |
| The Stretch | Two Bedroom | 2BR,2BA | $0.88 |
| 524 & 525 Angliana | 525: 1 Bed - 1 Bath | 1BR,1BA | $1.73 |
| Preserve Lexington | A3 | 1BR,1BA | $2.06 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $2.00 |
| Park Plaza Apartments | Maxwell | Studio ,1BA | $2.93 |
| VELO - Waller Avenue | FULLY FURNISHED, NEWLY RENOVATED, AFFORDABLE ST... | 1BR,1BA | $3.34 |
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Pet Friendly LifestyleNorth Elizabeth St, Lexington, KY
Ranked #46
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 a cheap apartment in North Elizabeth St?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Elizabeth St is under $2,500.
What is the price of a cheap apartment in North Elizabeth St?
The cheapest apartment in North Elizabeth St is VELO - Waller Avenue which is listed at $745, while the average apartment in North Elizabeth St costs $3,872.
What types of apartments are the cheapest in North Elizabeth St?
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 13 regular apartments in North Elizabeth St 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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.