A convenient spot for University of Kentucky students and medical workers
Just west of the Albert B. Chandler Hospital and the University of Kentucky, North Elizabeth Street is an almost entirely tenant-occupied residential neighborhood popular for undergraduate and medical students. The University of Kentucky College of Pharmacy is located in the neighborhood, and the College of Medicine is just across South Limestone at the hospital, making this location especially convenient for students enrolled in those programs. The neighborhood has a supermarket, coffee shops and takeout restaurants within a mile’s radius and pocket parks a half-mile north and south. A Lextran bus line along South Limestone with stops in the neighborhood provides access to public transportation. “Near the school is a popular area,” says Realtor Bob Sophiea. “The University of Kentucky is the biggest employer in Lexington, plus there’s the students and three or four hospitals all in that same area, so the market’s really strong and will remain strong.”
Students attending the University of Kentucky often rent homes in North Elizabeth Street.
Saint Joseph Hospital has been serving North Elizabeth Street residents since 1877.
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Groceries, coffee and dining on South Broadway
North Elizabeth Street’s closest grocery stores are Yu Yu Asian Supermarket and Family Dollar, which are located next to each other less than a mile west of the neighborhood. Busy students can start their mornings at the neighborhood’s Starbucks in the Healthy Kentucky Research Building or across Virginia Avenue at Bad Ass Coffee of Hawaii, which sells coffee, smoothies and breakfast sandwiches. Less than a mile west, South Broadway has convenient takeout options like Sonic Drive-In, Buffalo Wild Wings and Dairy Queen alongside sit-down restaurants like the brunch chain First Watch, local Mexican restaurant Jalapeno’s and sports bar KSBar & Grille, which has an extensive draft list and food menu.
Jalapeno's offers North Elizabeth Street residents authentic Mexican cuisine.
Residents of North Elizabeth Street pick up groceries and home goods at Save a Lot.
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Lou Johnson Park and Elizabeth Street Park
Most residents in North Elizabeth Street are within a half mile’s walk to Lou Johnson Park to the north or Elizabeth Street Park to the south. Lou Johnson Park is a small neighborhood park with a playground and basketball court, plus bathrooms and an open field for picnics and playing outside. Elizabeth Street Park has similar amenities: a playground, picnic tables, a basketball court and walking paths through a grassy field shaded by sprawling mature trees.
Lou Johnson Park visitors can enjoy an open green space, playground, and a basketball court.
Elizabeth Park is on the national register of historic places.
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Apartments, townhouses and single-family homes
Housing in North Elizabeth Street is mostly apartments with a few townhouses and single-family homes. The neighborhood’s architecture is typical of the early 20th century; its single-family homes are mostly Craftsman, Cape Cods and bungalows with the occasional American Foursquare or Tudor. Homes typically have brick or wooden siding and often have large front porches. It’s a primarily renter-occupied, with 98% of occupants renting rather than owning, as many of the neighborhood’s residents are University of Kentucky students. The average home value here is about $90,000 higher than the average for the Lexington metro area, with most home values falling between $400,000 and $700,000.
Homes in North Elizabeth Street have an average value of $484,523.
Craftsman is a popular architectural style for homes in North Elizabeth Street.
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Beside the University of Kentucky and close to highly rated Fayette County Public Schools
The University of Kentucky bleeds into North Elizabeth Street, with the College of Pharmacy and a few other health research buildings being located within the neighborhood. Students who live here can typically walk to class, and those with children send their kids to Fayette County Public Schools. “It’s a desirable school district,” says Realtor Joy Murphy. The assigned public schools are Picadome Elementary, with a B-plus on Niche; Morton Middle School, which has an A and ranks as Kentucky’s 15th best public middle school; and Lafayette High School, which also has an A and ranks as Kentucky’s second best public high school. Lafayette High School has a pre-engineering program that prepares students for careers in fields like engineering, architecture and medicine and is home to the School for the Creative and Performing Arts, where students can specialize in subjects like art, ballet and creative writing.
Picadome Elementary School has 417 students and serves Pre-K through 5th grade.
The student population of Morton Middle School is 705 and the school serves 6-8.
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Walking to class and taking the Lextran bus downtown
North Elizabeth Street is a pedestrian-friendly neighborhood beside the University of Kentucky, a mile and a half south of downtown Lexington. The neighborhood is home to Shriners Children’s Lexington and sits across South Limestone from the Albert B. Chandler Hospital, making it convenient for medical professionals to walk to work. The University of Kentucky College of Pharmacy is in the neighborhood, so it’s an especially convenient location for pharmaceutical students, but most UK students can typically walk to class within about 15 minutes. Downtown workers can take the Lextran bus from the neighborhood to get there in 15 minutes. The area has no bike lanes, making biking to work tricky, but the neighborhood has sidewalks throughout, so walking is typically easy. The Blue Grass Airport is 6 miles west of North Elizabeth Street.
Crime
North Elizabeth Street has a 6 out of 10 CAP Index crime score, above the national average of 4.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this neighborhood?
Reach out to
Brett Franklin,
an experienced agent in this area.
Parks in this Area
Woodland Park
Cheapside Park
Fifth Third Pavilion
The Arboretum
Elizabeth Park
Davis Park
Pensacola Park
Addison Park
Legacy Trail
Transit
Airport
Blue Grass
16 min drive
Bus
Kentucky Clinic Ib
Bus
Kentucky Clinic Ob
Bus
South Limestone & State Street
North Elizabeth Street Demographics and Home Trends
On average, homes in North Elizabeth Street, Lexington sell after 3 days on the market compared to the national average of 70 days. The median sale price for homes in North Elizabeth Street, Lexington over the last 12 months is $218,000, down 85% from the median home sale price over the previous 12 months.
Life Begins at Limestone Square/Medical VillasLimestone Square offers 1 bedrooms and renovated 2 & 3 bedroom apartments starting at $820 per month. We offer roommate matching and individual leases in our 2 and 3 bedroom apartments. Trash, water, sewer, and electric are a flat monthly fee of $80/room. Cable and Wi-Fi will go in resident's name. Parking is included in rent.Medical
Interested in learning more about homes in this neighborhood?
Reach out to
Brett Franklin,
an experienced agent in this area.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
1,075
Median Age
26
Population Density
13 ppl/acre
Population under 18
16.8%
Below the national average
23.8%
Population over 65
2%
Below the national average
19.1%
Finances
Median Household Income
$11,944
Significantly below the national average
$71,702
Average Household Income
$21,649
Education and Workforce
High School Graduates
89.1%
College Graduates
65%
Significantly above the national average
34.1%
Advanced Degrees
14.4%
% Population in Labor Force
57.8%
Below the national average
65.1%
Weather
Annual Precipitation
50''
Average Winter Low Temperature
26°F
Average Summer High Temperature
87°F
Annual Snowfall
26''
Area Factors
Very Bikeable
Bike Score®
77/ 100
Somewhat Walkable
Walk Score®
69/ 100
Excellent Transit
Transit Score®
76/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
