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$745 - $1,4001 Bedroom Apartments Available Now
VELO - Waller Avenue
353 Waller AveLexington, KY 40504
Cheap Apartments for Rent in the North Elizabeth St Neighborhood of Lexington, KY from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Elizabeth St area of Lexington.
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337 S Broadway Park
LexingtonKY40504
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Rent Specials
$870 - $1,2501 to 3 Bedroom Apartments Contact Us For Availability
Davis Park Station
512 De Roode StreetLexington, KY 40508
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$895Studio Apartments Available Now
The Studios at Belmont - MAJOR UTILITIES INCL
333 Legion DrLexington, KY 40504
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$920 - $1,080Studio to 1 Bedroom Apartments Available Now
The Axis at 1435
1435 Nicholasville RdLexington, KY 40503
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$998 - $4,7002 to 6 Bedroom Apartments Available Now
Kampus Properties STUDENT HOUSING - 2024-'25
400-418 Aylesford PlLexington, KY 40508
858 S Broadway
LexingtonKY40504
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$1,075 - $1,1751 to 2 Bedroom Apartments Available Sep 29
Belmont Run Apartments
1232 Man O War PlLexington, KY 40504
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$1,098 - $3,6831 to 3 Bedroom Apartments Available Now
Preserve Lexington
845 Red Mile RdLexington, KY 40504
312 S Upper St
LexingtonKY40508
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Showing Results 1-24, 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 | $1,309 | $825 | $2,003 |
| North Elizabeth St 1 Bedroom Apartments | $1,310 | $610 | $2,268 |
| North Elizabeth St 2 Bedroom Apartments | $1,364 | $854 | $2,885 |
| North Elizabeth St 3 Bedroom Apartments | $1,549 | $899 | $2,500 |
| North Elizabeth St 4 Bedroom Apartments | $1,378 | $739 | $2,780 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 1 mile radius of the North Elizabeth St Neighborhood of Lexington, KY.
See all Apartments in LexingtonExplore Lexington
North Elizabeth St, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
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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. 515 S Upper St has the second lowest priced unit, which is a Studio apartment currently listed from $825. 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 |
| 515 S Upper St | Near Campus | Studio,1BA | $825 |
| The Studios at Belmont - MAJOR UTILITIES INCL | Studio | Studio,1BA | $895 |
| The Axis at 1435 | Studio | Studio,1BA | $920 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $950 |
Best Value Apartments for Rent in North Elizabeth St, KY
As of September 15, 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 STUDENTS ONLY 5 BR Model at Kampus Properties STUDENT HOUSING - 2024-'25 starting at $2,750 with a $2.12 price per square foot in the Montclair 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 |
| Kampus Properties STUDENT HOUSING - 2024-'25 | STUDENTS ONLY 5 BR | 5BR,3BA | $2.12 |
| The Stretch | Two Bedroom | 2BR,2BA | $0.88 |
| Latitude Lexington | 525: 1 Bed - 1 Bath | 1BR,1BA | $1.75 |
| Hub Lexington Upper | 2x2 VIP | 2BR,2BA | $1.85 |
| 515 S Upper St | Near Campus | Studio ,1BA | $1.38 |
| Gateway Lofts Lexington | Wildcat | 1BR,1BA | $2.40 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $2.11 |
| Preserve Lexington | A1 | 1BR,1BA | $2.48 |
| The Axis at 1435 | Studio Courtyard | Studio ,1BA | $2.46 |
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Pet Friendly LifestyleNorth Elizabeth St, Lexington, KY
Ranked #47
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 $1,255.
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 $3,680.
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 32 regular apartments in North Elizabeth St that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in North Elizabeth St?
Cheap apartments in North Elizabeth St have an average cost of $1,874 which is $1,806 cheaper than the average rent for all rentals in North Elizabeth St.
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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.