Cheap Homes for Rent in North Elizabeth St Neighborhood of Lexington, KY from $900 (8 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 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 ListingModel NameBed/BathPriced From
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
515 S Upper StNear CampusStudio,1BA$825
The Studios at Belmont - MAJOR UTILITIES INCLStudioStudio,1BA$895

Best Value Apartments for Rent in North Elizabeth St, KY

As of September 13, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Burley Properties4 x 3 Standard4BR,3BA$1.83
Kampus Properties STUDENT HOUSING - 2024-'25STUDENTS ONLY 5 BR5BR,3BA$2.12
The StretchTwo Bedroom2BR,2BA$0.88
Latitude Lexington525: 1 Bed - 1 Bath1BR,1BA$1.75
Hub Lexington Upper2x2 VIP2BR,2BA$1.85
515 S Upper StNear CampusStudio ,1BA$1.38
Gateway Lofts LexingtonWildcat1BR,1BA$2.40
Rose Tower ApartmentsOne Bedroom1BR,1BA$2.11
Preserve LexingtonA11BR,1BA$2.48
The Axis at 1435Studio CourtyardStudio ,1BA$2.46

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Pet Friendly Lifestyle
North Elizabeth St, Lexington, KY

Ranked #47

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about North Elizabeth St

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

There are currently 273 Apartments for Rent in North Elizabeth St, KY with pricing that ranges from $610 to $4,700. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Elizabeth St ranging from $950 to $5,250.

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 $950 to $5,250 with an average monthly rent of $2,773.

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 $899 to $2,625, 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 $950 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.

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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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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.

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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.

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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.