500 Ohio St
LexingtonKY40508
Cheap Apartments for Rent in the Elsmere Park Neighborhood of Lexington, KY from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elsmere Park area of Lexington.
550 Smith St
LexingtonKY40508
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from $7001 to 2 Bedroom Apartments Available Now
Caballo Crossing
500-522 Hollow Creek RdLexington, KY 40511
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from $7251 to 3 Bedroom Apartments Contact Us For Availability
Rosetown Apartments
320 Elm Tree LnLexington, KY 40508
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from $725Studio to 1 Bedroom Apartments Available Aug 14
Kampus Properties STUDENT HOUSING - 2024-'25
400-418 Aylesford PlLexington, KY 40508
1023 N Broadway
LexingtonKY40505
358 E 2nd St
LexingtonKY40508
468 N Limestone
LexingtonKY40508
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from $8501 Bedroom Apartments Contact Us For Availability
Rose Tower Apartments
137 Rose StLexington, KY 40507
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from $875Studio to 2 Bedroom Apartments Available Now
The Ascent1555 - All Utilities Incl.
1555 Eastland PkyLexington, KY 40505
Lexington's Best Affordable Neighborhoods
Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart
933 N Broadway
LexingtonKY40505
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Showing Results 1-16, Page 1 of 1
Elsmere Park, Lexington, KY Local Guide
How much does it cost to rent an apartment in Elsmere Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elsmere Park Studio Apartments | $1,361 | $725 | $1,855 |
| Elsmere Park 1 Bedroom Apartments | $1,196 | $531 | $3,553 |
| Elsmere Park 2 Bedroom Apartments | $1,529 | $800 | $1,986 |
| Elsmere Park 3 Bedroom Apartments | $1,218 | $875 | $1,700 |
| Elsmere Park 4 Bedroom Apartments | $2,107 | $1,350 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Elsmere Park Neighborhood of Lexington, KY.
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Elsmere Park, Lexington, KY Local Guide
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Cheapest Available Elsmere Park Apartments for Rent
The cheapest available apartment rental in the Elsmere Park area of Lexington, KY is a 1 Bed unit found at Caballo Crossing priced from $700. Rose Tower Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Elsmere Park apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Caballo Crossing | 1 Bedroom 1 Bath | 1BR,1BA | $700 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $850 |
| The Ascent1555 - All Utilities Incl. | Renovated One Bedroom | 1BR,1BA | $995 |
| Park Plaza Apartments | Maxwell | Studio,1BA | $1,120 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in Elsmere Park, KY
As of March 22, 2025 the best value apartment in the Elsmere Park area is the $0.86 price per square foot House Model at MidTown Apartments in the in the Montclair neighborhood starting from $1,350. The second greatest value Elsmere Park apartment is the 2 Bedroom 1 Bath Model at Caballo Crossing starting at $858 with a $0.95 price per square foot in the Northside Historic Residential neighborhood. Here is today’s list of the best values for Elsmere Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| MidTown Apartments | House | 4BR,4BA | $0.86 |
| Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $0.95 |
| Ashton Park Apartments | Linden | 1BR,1BA | $1.57 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $2.25 |
| The Ascent1555 - All Utilities Incl. | Renovated One Bedroom | 1BR,1BA | $2.09 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $1.89 |
| Park Plaza Apartments | Maxwell | Studio ,1BA | $2.93 |
| Hub Lexington Upper | Murphy A | Studio ,1BA | $3.99 |
| Studios180 - Short/Long Term Leases | Furnished Studio | Studio ,1BA | $3.70 |
| Studios340 - Short/Long Term Leases | FURNISHED STUDIOS | Studio ,1BA | $4.16 |
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Pet Friendly LifestyleElsmere Park, Lexington, KY
Ranked #30
Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Elsmere Park, Lexington, KY
School data provided by Great Schools
Best Local Schools in Elsmere Park, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap Elsmere Park Apartments
What is a cheap apartment in Elsmere Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elsmere Park is under $1,460.
What is the price of a cheap apartment in Elsmere Park?
The cheapest apartment in Elsmere Park is Caballo Crossing which is listed at $700, while the average apartment in Elsmere Park costs $3,345.
What types of apartments are the cheapest in Elsmere Park?
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 554 regular apartments in Elsmere Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.