Cheap Apartments for Rent in the North Elizabeth St Neighborhood of Lexington, KY from $500 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Elizabeth St area of Lexington.

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Stonehurst Studios
Studio Apartments

Stonehurst Studios

256 Lyndhurst PlLexington, KY 40508
Student Housing
  • Utilities Included
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Kampus Terraces
Studio Apartments

Kampus Terraces

317 Transylvania ParkLexington, KY 40508
Student Housing
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1356 Royalty Ct
1 to 2 Bedroom Apartments

1356 Royalty Ct

1356 Royalty CtLexington, KY 40504
  • Utilities Included
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Kampus Heights
Studio Apartments

Kampus Heights

350 Linden WalkLexington, KY 40508
Student Housing
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426 E High St
1 Bedroom Apartments

426 E High St

426 E High StLexington, KY 40507
Student Housing
  • Utilities Included
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Medical View Properties
1 to 2 Bedroom Apartments

Medical View Properties

805 Press AveLexington, KY 40508
Student Housing
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Bluegrass Commons
Studio to 1 Bedroom Apartments

Bluegrass Commons

165 Virginia AveLexington, KY 40508
  • Utilities Included
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Stableview
2 Bedroom Apartments

Stableview

1050 Horsemans LnLexington, KY 40504
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University Flats
2 to 4 Bedroom Apartments

University Flats

1160 University DrLexington, KY 40526
Student Housing
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Medical Villas
1 Bedroom Apartments

Medical Villas

180 Leader AveLexington, KY 40508
Student Housing
  • Utilities Included

North Elizabeth St, Lexington, KY Local Guide

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 ListingModel NameBed/BathPriced From
MidTown ApartmentsBedroom1BR,1BA$610
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio,1BA$895
Rose Tower ApartmentsOne Bedroom1BR,1BA$950
Belmont Run ApartmentsOne Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Burley Properties4 x 3 Standard4BR,3BA$1.83
Latitude Lexington525: 1 Bed - 1 Bath1BR,1BA$1.75
545 S Limestone, Unit 2545 S Limestone2BR,1BA$2.06
Preserve LexingtonA31BR,1BA$1.77
Hub Lexington Upper2x2 VIP2BR,2BA$1.85
1729 Midtown2BR/1.0BA2BR,1BA$2.28
Belmont Run ApartmentsOne Bedroom1BR,1BA$1.56
Gateway Lofts LexingtonYoungStudio ,1BA$2.72
Rose Tower ApartmentsOne Bedroom1BR,1BA$2.11
MidTown ApartmentsBedroom1BR,1BA$1.43

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Pet Friendly Lifestyle
North Elizabeth St, Lexington, KY

Ranked #45

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington article

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.