
Cheap Homes for Rent in Elsmere Park Neighborhood of Lexington, KY from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Elsmere Park area of Lexington.


711 N Upper St

445 Davidson Ct

550 Georgetown St

736 Bellaire Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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555 Toner St

437 E 7th St

154 E 7th St

519 Pemberton St

118 Bermuda Ave
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141 Glenn Pl
Elsmere Park, Lexington, KY Local Guide

How much does it cost to rent a home in Elsmere Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elsmere Park 2 Bedroom Homes for Rent | $1,768 | $1,099 | $3,100 |
| Elsmere Park 3 Bedroom Homes for Rent | $1,636 | $1,275 | $2,200 |
| Elsmere Park 4 Bedroom Homes for Rent | $1,775 | $1,775 | $1,775 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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 2 Beds unit found at Rosetown Apartments priced from $900. Rose Tower Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Elsmere Park apartments for rent in Lexington, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rosetown Apartments | Two Bedroom | 2BR,1BA | $900 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $950 |
| Hub Lexington Upper | 4x2 Mansion | 4BR,2BA | $1,115 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $1,160 |
| Studios180 - Short/Long Term Leases | Studio | Studio,1BA | $1,195 |
Best Value Apartments for Rent in Elsmere Park, KY
As of December 25, 2025 the best value apartment in the Elsmere Park area is the $1.19 price per square foot Two Bedroom Model at Rosetown Apartments in the in the Northside Historic Residential neighborhood starting from $900. The second greatest value Elsmere Park apartment is the 2x2 VIP Model at Hub Lexington Upper starting at $1,385 with a $1.85 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. |
|---|---|---|---|
| Rosetown Apartments | Two Bedroom | 2BR,1BA | $1.19 |
| Hub Lexington Upper | 2x2 VIP | 2BR,2BA | $1.85 |
| 260 Lexington Avenue | 1BR/1.0BA | 1BR,1BA | $1.81 |
| The Flats at 345 | One Bedroom Large | 1BR,1BA | $2.05 |
| Artek Lofts | 1 Bed, 1 Bath Flat | 1BR,1BA | $2.32 |
| Rose Tower Apartments | One Bedroom | 1BR,1BA | $2.11 |
| Park Plaza Apartments | Maxwell | Studio ,1BA | $3.31 |
| Studios180 - Short/Long Term Leases | Furnished Studio | Studio ,1BA | $3.70 |
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 LifestyleElsmere Park, Lexington, KY
Ranked #55
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Elsmere Park, Lexington, KY
School data provided by Great Schools
Frequently Asked Questions about Elsmere Park
What type of rentals are currently available in Elsmere Park?
There are currently 235 Apartments for Rent in Elsmere Park, KY with pricing that ranges from $800 to $2,159. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elsmere Park ranging from $950 to $3,100.
What is the current price range for Rental Homes in Elsmere Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elsmere Park ranges from $950 to $3,100 with an average monthly rent of $1,832.
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.