Cheap Homes for Rent in North Elizabeth St Neighborhood of Lexington, KY from $700 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the North Elizabeth St area of Lexington.

Lexington's Best Affordable Neighborhoods

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

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North Elizabeth St, Lexington, KY Local Guide

Cheapest Available North Elizabeth St Apartments for Rent

 

The cheapest available apartment rental in the North Elizabeth St area of Lexington, KY is a 1 Bed unit found at VELO - Waller Avenue priced from $745. Rose Tower Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable North Elizabeth St apartments for rent in Lexington, KY:

Apartment ListingModel NameBed/BathPriced From
VELO - Waller AvenueNEWLY RENOVATED, AFFORDABLE, UNFURNISHED STUDIO...1BR,1BA$745
Rose Tower ApartmentsOne Bedroom1BR,1BA$850
Preserve LexingtonA11BR,1BA$1,061

Best Value Apartments for Rent in North Elizabeth St, KY

As of March 26, 2025 the best value apartment in the North Elizabeth St area is the $1.08 price per square foot House Model at MidTown Apartments in the in the Montclair neighborhood starting from $1,700. The second greatest value North Elizabeth St apartment is the 4 x 3 End Unit Model at Burley Properties starting at $2,500 with a $1.83 price per square foot in the Downtown Lexington neighborhood. Here is today’s list of the best values for North Elizabeth St apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MidTown ApartmentsHouse4BR,4BA$1.08
Burley Properties4 x 3 End Unit4BR,3BA$1.83
Limestone Square/Medical Villas3 Bedroom3BR,2BA$0.86
Hub Limestone2x1 A2BR,1BA$1.72
559 S Limestone, Unit 202559 S Limestone2BR,1BA$2.31
1729 Midtown (Pre-Leasing for June 2025)One Bedroom A1BR,1BA$2.65
Gateway Lofts LexingtonYoungStudio ,1BA$2.76
Rose Tower ApartmentsOne Bedroom1BR,1BA$1.89
Preserve LexingtonA11BR,1BA$2.39
Park Plaza ApartmentsMaxwellStudio ,1BA$2.93

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Frequently Asked Questions about North Elizabeth St

What type of rentals are currently available in North Elizabeth St?

There are currently 279 Apartments for Rent in North Elizabeth St, KY with pricing that ranges from $531 to $6,229. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Elizabeth St ranging from $720 to $3,500.

What is the current price range for Rental Homes in North Elizabeth St?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North Elizabeth St ranges from $720 to $3,500 with an average monthly rent of $2,278.

How much are larger Three and Four Bedroom Rentals in North Elizabeth St?

For those who are looking for larger living arrangements, Three Bedroom Apartments in North Elizabeth St range from $820 to $6,229, while Three Bedroom Homes, Condos, and Townhomes for rent range from $720 to $2,299. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $1,700.

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 A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Lexington article

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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.