Cheap Homes for Rent in North Elizabeth St Neighborhood of Lexington, KY from $1,200 (13 Rentals)

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

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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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Best Local Schools in
North Elizabeth St, Lexington, KY

School data provided by Great Schools

Frequently Asked Questions about North Elizabeth St

What type of rentals are currently available in North Elizabeth St?

There are currently 284 Apartments for Rent in North Elizabeth St, KY with pricing that ranges from $695 to $5,000. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Elizabeth St ranging from $1,200 to $4,500.

What is the current price range for Rental Homes in North Elizabeth St?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North Elizabeth St ranges from $1,200 to $4,500 with an average monthly rent of $2,506.

How much are larger Three and Four Bedroom Rentals in North Elizabeth St?

For those who are looking for larger living arrangements, Three Bedroom Apartments in North Elizabeth St range from $999 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,625. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $739.

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.