
Cheap Homes for Rent in North Elizabeth St Neighborhood of Lexington, KY from $600 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the North Elizabeth St area of Lexington.


184 Montmullin St
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562 Woodland Ave, Unit #34

123 Montmullin St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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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 | $1,775 | $700 | $3,100 |
| North Elizabeth St 3 Bedroom Homes for Rent | $1,894 | $650 | $2,625 |
| North Elizabeth St 4 Bedroom Homes for Rent | $3,163 | $1,595 | $4,200 |
| North Elizabeth St 5 Bedroom Homes for Rent | $4,125 | $4,000 | $4,250 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the North Elizabeth St Neighborhood of Lexington, KY.
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North Elizabeth St, Lexington, KY Local Guide
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Best Value Apartments for Rent in North Elizabeth St, KY
As of December 30, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Burley Properties | 4 x 3 Standard | 4BR,3BA | $1.83 |
| Latitude Lexington | 525: 1 Bed - 1 Bath | 1BR,1BA | $1.75 |
| 545 S Limestone, Unit 2 | 545 S Limestone | 2BR,1BA | $2.06 |
| Hub Lexington Upper | 2x2 VIP | 2BR,2BA | $1.85 |
| 260 Lexington Avenue | 1BR/1.0BA | 1BR,1BA | $1.81 |
| 1729 Midtown | 2x1 | 2BR,1BA | $2.28 |
| Belmont Run Apartments | One Bedroom | 1BR,1BA | $1.52 |
| 559 Limestone S, Unit 201 | 559 Limestone S | 1BR,1BA | $2.40 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $2.11 |
| Preserve Lexington | A1 | 1BR,1BA | $2.42 |
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.
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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 #55
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet 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 289 Apartments for Rent in North Elizabeth St, KY with pricing that ranges from $610 to $5,200. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Elizabeth St ranging from $650 to $4,250.
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 $650 to $4,250 with an average monthly rent of $2,190.
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 $650 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
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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.