
Cheap Homes for Rent in North Elizabeth St Neighborhood of Lexington, KY from $1,100 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the North Elizabeth St area of Lexington.


424 Aylesford Pl

123 Montmullin St

375 S Upper St

342 Waller Ave

250 S Martin Luther King Blvd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

209 Simpson Ave

650 S Mill St

1100 Horsemans Ln

419 S Upper St

417 Uhlan Ct

1554 Jacana Dr
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.
North Elizabeth St, Lexington, KY Local Guide

How much does it cost to rent a home in North Elizabeth St?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Elizabeth St 2 Bedroom Homes for Rent | $1,956 | $1,600 | $2,750 |
| North Elizabeth St 3 Bedroom Homes for Rent | $1,939 | $1,495 | $2,350 |
| North Elizabeth St 4 Bedroom Homes for Rent | $3,344 | $2,800 | $4,200 |
| North Elizabeth St 5 Bedroom Homes for Rent | $4,075 | $3,950 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the North Elizabeth St Neighborhood of Lexington, KY.
Explore Lexington
North Elizabeth St, Lexington, KY Local Guide
- Nearby Lexington neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $950. 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 | $950 |
| Belmont Run Apartments | Two Bedroom | 2BR,1BA | $1,075 |
| The Axis at 1435 | One Bedroom Courtyard | 1BR,1BA | $1,115 |
| Hub Lexington Upper | 4x2 Mansion | 4BR,2BA | $1,115 |
Best Value Apartments for Rent in North Elizabeth St, KY
As of February 22, 2026 the best value apartment in the North Elizabeth St area is the $0.92 price per square foot House Model at MidTown Apartments in the in the Montclair neighborhood starting from $1,445. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| MidTown Apartments | House | 4BR,4BA | $0.92 |
| Latitude Lexington | 525: 1 Bed - 1 Bath | 1BR,1BA | $1.75 |
| Hub Lexington Upper | 2x2 VIP | 2BR,2BA | $1.85 |
| 260 Lexington Avenue | 1BR/1.0BA | 1BR,1BA | $1.94 |
| Belmont Run Apartments | One Bedroom | 1BR,1BA | $1.56 |
| 1729 Midtown | 1x1C | 1BR,1BA | $2.46 |
| Gateway Lofts Lexington | Wildcat | 1BR,1BA | $2.44 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $2.11 |
| Preserve Lexington | A1 | 1BR,1BA | $2.52 |
| The Axis at 1435 | One Bedroom Courtyard | 1BR,1BA | $2.52 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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
Frequently Asked Questions about North Elizabeth St
What type of rentals are currently available in North Elizabeth St?
There are currently 282 Apartments for Rent in North Elizabeth St, KY with pricing that ranges from $739 to $5,200. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Elizabeth St ranging from $1,100 to $4,200.
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 $1,100 to $4,200 with an average monthly rent of $2,531.
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 $1,009 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $2,350. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $739.
Expert Rental Resources
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.
Articles, How-To's, and Tips

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.