
Cheap Apartments for Rent in the Elsmere Park Neighborhood of Lexington, KY from $500 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elsmere Park area of Lexington.


Caballo Crossing

Kampus Properties STUDENT HOUSING - 2024-'25

Rosetown Apartments

1005 N Broadway

358 E 2nd St

1023 N Broadway

468 N Limestone

Rose Tower Apartments

821-823-823 Whitney Ave

The Ascent1555 - All Utilities Incl.

933 N Broadway

240-242 E Fourth St

914 N Limestone

1133 Kees Rd

916 N Limestone
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 | $1,330 | $505 | $1,855 |
Elsmere Park 1 Bedroom Apartments | $1,164 | $531 | $1,995 |
Elsmere Park 2 Bedroom Apartments | $1,533 | $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 22 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 MidTown Apartments priced from $531. Caballo Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Elsmere Park apartments for rent in Lexington, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
MidTown Apartments | Bedroom | 1BR,1BA | $531 |
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 |
Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in Elsmere Park, KY
As of March 10, 2025 the best value apartment in the Elsmere Park area is the $0.95 price per square foot 2 Bedroom 1 Bath Model at Caballo Crossing in the in the Northside Historic Residential neighborhood starting from $858. The second greatest value Elsmere Park apartment is the 1 Bedroom Expanded Model at LEX Properties - 260 Lexington Ave starting at $1,425 with a $1.91 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. |
---|---|---|---|
Caballo Crossing | 2 Bedroom 1 Bath | 2BR,1BA | $0.95 |
LEX Properties - 260 Lexington Ave | 1 Bedroom Expanded | 1BR,1BA | $1.91 |
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 | Linden | Studio ,1BA | $2.75 |
MidTown Apartments | Bedroom | 1BR,1BA | $1.25 |
Hub Lexington Upper | Murphy A | Studio ,1BA | $3.99 |
Studios340 - Short/Long Term Leases | FURNISHED STUDIOS | Studio ,1BA | $4.16 |
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Pet Friendly LifestyleElsmere Park, Lexington, KY
Ranked #33
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 the Cheapest Studio apartment in Elsmere Park?
Currently the most affordable Cheap Studio Apartment in Elsmere Park is at Park Plaza Apartments listed at $1,200.
How much is rent for a Cheap One Bedroom Elsmere Park Apartment?
The lowest price for a Cheap One Bedroom Elsmere Park Apartment is $531 at MidTown Apartments.
What is the lowest price for a Cheap Two Bedroom Elsmere Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elsmere Park is starting from $858 at Caballo Crossing.
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.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.