Cheap Apartments for Rent in the Elsmere Park Neighborhood of Lexington, KY from $500 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Elsmere Park area of Lexington.

property at 468 N Limestone

468 N Limestone

LexingtonKY40508
property at 916 N Limestone

916 N Limestone

LexingtonKY40505
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Stonehurst Studios
Studio Apartments

Stonehurst Studios

256 Lyndhurst PlLexington, KY 40508
Student Housing
  • Utilities Inc.
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Arlington Lofts
Studio to 1 Bedroom Apartments

Arlington Lofts

1001-1021 N Limestone StLexington, KY 40505
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Showing Results 1-22, Page 1 of 1

Elsmere Park, Lexington, KY Local Guide

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 ListingModel NameBed/BathPriced From
MidTown ApartmentsBedroom1BR,1BA$531
Caballo Crossing1 Bedroom 1 Bath1BR,1BA$700
Rose Tower ApartmentsOne Bedroom1BR,1BA$850
The Ascent1555 - All Utilities Incl.Renovated One Bedroom1BR,1BA$995
Artek Lofts1 Bed, 1 Bath Flat1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Caballo Crossing2 Bedroom 1 Bath2BR,1BA$0.95
LEX Properties - 260 Lexington Ave1 Bedroom Expanded1BR,1BA$1.91
Artek Lofts1 Bed, 1 Bath Flat1BR,1BA$2.25
The Ascent1555 - All Utilities Incl.Renovated One Bedroom1BR,1BA$2.09
Rose Tower ApartmentsOne Bedroom1BR,1BA$1.89
Park Plaza ApartmentsLindenStudio ,1BA$2.75
MidTown ApartmentsBedroom1BR,1BA$1.25
Hub Lexington UpperMurphy AStudio ,1BA$3.99
Studios340 - Short/Long Term LeasesFURNISHED STUDIOSStudio ,1BA$4.16

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Pet Friendly Lifestyle
Elsmere Park, Lexington, KY

Ranked #33

Among neighborhoods in Lexington, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

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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.

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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.

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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.