Cheap Apartments for Rent in Lexington, AL from $500 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lexington.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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1975 Darby Dr

FlorenceAL35630
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North Village
2 Bedroom Apartments

North Village

114 Pearl StFlorence, AL 35633

Lexington, AL Local Guide

Cheapest Available Lexington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lexington, AL is a Studio unit found at West Tennessee Street in the Downtown Florence neighborhood priced from $625. Creekside Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $655. Here is today’s list of the most affordable Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
West Tennessee Street0BR/1.0BAStudio,1BA$625
Creekside Apartments1 Bedroom1BR,1BA$655
STONEBROOK VILLAGE1 Bedroom 1 Bathroom1BR,1BA$725
Athens Square Apartments1BR/1.0BA1BR,1BA$800
Brookfield Apartment Homes2 Bedroom 1.5 Bathroom2BR,1BA$850
Clinton Place1 BD 1 BA Renovated w/ Washer Dryer1BR,1BA$875
The Oakley at Spring CreekOne Bedroom1BR,1BA$875
North Village2 Bedroom 1.5 Bathroom2BR,1BA$895
Creekside ApartmentsClassic V.22BR,2BA$895
Cleo ApartmentsOne Bedroom One Bathroom1BR,1BA$900

Best Value Apartments for Rent in Lexington, AL and Nearby

As of April 26, 2025 the best value apartment in the Lexington area is the $0.71 price per square foot 2BR/2.0BA Model at 2/2 Apartment - Killen, AL in the starting from $900. The second greatest value Lexington apartment is the Flat Model at The Oakley at Deerfield starting at $1,250 with a $1.00 price per square foot . Here is today’s list of the best values for Lexington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2/2 Apartment - Killen, AL2BR/2.0BA2BR,2BA$0.71
The Oakley at DeerfieldFlat2BR,2BA$1.00
Seville Place Apartment Village2 BR/2 BA2BR,2BA$0.87
Creekside ApartmentsFlats Unit2BR,2BA$1.05
Cottonwood Apartments2 Bedroom Townhome2BR,1.5BA$0.97
Brookfield Apartment Homes2 Bedroom 1.5 Bathroom2BR,1.5BA$0.89
North Village2 Bedroom 1.5 Bathroom2BR,1.5BA$0.99
The Oakley at Spring CreekOne Bedroom1BR,1BA$0.98
Creekside Apartments1 Bedroom1BR,1BA$0.87
STONEBROOK VILLAGE1 Bedroom 1 Bathroom1BR,1BA$1.04

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lexington, AL Rentals by Map

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Getting Around Lexington, AL

Walk Score®

24 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

34 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Lexington Apartments

How much is rent for a Cheap One Bedroom Lexington Apartment?

The lowest price for a Cheap One Bedroom Lexington Apartment is $655 at Creekside Apartments.

What is the lowest price for a Cheap Two Bedroom Lexington Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lexington is starting from $700 at West Tennessee Street.

What is the most affordable Lexington Three Bedroom Apartment?

The best deal on a cheap Lexington Three Bedroom Apartment rental is at Creekside Apartments and starts from $770.

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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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.

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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.