Cheap Apartments for Rent in the Elsmere Park Neighborhood of Lexington, KY from $500 (14 Rentals)

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

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property at 468 N Limestone

468 N Limestone

LexingtonKY40508
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Stonehurst Studios
Studio Apartments

Stonehurst Studios

256 Lyndhurst PlLexington, KY 40508
Student Housing
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Arlington Lofts
Studio to 1 Bedroom Apartments

Arlington Lofts

1001-1021 N Limestone StLexington, KY 40505
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330 Newtown Apartments
1 to 3 Bedroom Apartments

330 Newtown Apartments

330 Newtown PikeLexington, KY 40508
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Lexington's Best Affordable Neighborhoods

Learn about Lexington and the best places to live with original content written by our Local Expert Catrina Cowart

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 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 ListingModel NameBed/BathPriced From
Caballo Crossing1 Bedroom 1 Bath1BR,1BA$700
Rose Tower ApartmentsOne Bedroom1BR,1BA$850
MidTown ApartmentsWoodland1BR,1BA$975
907 Trifecta on Red MileTrifecta on Red Mile - One Bedroom1BR,1BA$1,095
Park Plaza ApartmentsMaxwellStudio,1BA$1,120

Best Value Apartments for Rent in Elsmere Park, KY

As of April 26, 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 Trifecta on Red Mile - One Bedroom Model at 907 Trifecta on Red Mile starting at $1,095 with a $1.66 price per square foot in the Montclair 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
907 Trifecta on Red MileTrifecta on Red Mile - One Bedroom1BR,1BA$1.66
The Flats at 345325 Large One Bedroom1BR,1BA$2.01
Artek Lofts1 Bed, 1 Bath Flat1BR,1BA$2.25
Rose Tower ApartmentsOne Bedroom1BR,1BA$1.89
MidTown ApartmentsWoodland1BR,1BA$2.52
Park Plaza ApartmentsMaxwellStudio ,1BA$2.93
Hub Lexington UpperMurphy AStudio ,1BA$3.99
Studios180 - Short/Long Term LeasesFurnished StudioStudio ,1BA$3.70
Studios340 - All Inclusive PricingFurnished StudioStudio ,1BA$4.16

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Pet Friendly Lifestyle
Elsmere Park, Lexington, KY

Ranked #35

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,120.

How much is rent for a Cheap One Bedroom Elsmere Park Apartment?

The lowest price for a Cheap One Bedroom Elsmere Park Apartment is $700 at Caballo Crossing.

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.

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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.

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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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.