
Cheap Apartments for Rent in Lexington, NC from $300 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Lexington.


The Reserve at Regents Center

North Point and Hallmark Apartments

Lexington Park Apartments

Lexington Station Apartments

27 Hege Drive
Lexington, NC Local Guide

How much does it cost to rent an apartment in Lexington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Lexington Studio Apartments | $675 | $675 | $675 |
Cheap Lexington 1 Bedroom Apartments | $1,167 | $745 | $1,435 |
Cheap Lexington 2 Bedroom Apartments | $1,308 | $825 | $1,615 |
Cheap Lexington 3 Bedroom Apartments | $1,678 | $1,425 | $1,845 |
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Lexington, NC Local Guide
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Cheapest Neighborhoods for Apartments in Lexington, NC
Pricing Updated: 03/21/2025Current apartment rentals in the Lexington, NC area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lexington Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Uptown Lexington | $825 | $675 | 39 |
Davidson | $1,469 | $675 | 2488 |
Cheapest Available Lexington Apartments for Rent
 The cheapest available apartment rental in Lexington, NC is a 1 Bed unit found at 27 Hege Drive in the Davidson neighborhood priced from $725. Lexington Park Apartments in the Davidson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here is today’s list of the most affordable Lexington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
27 Hege Drive | 1/1 | 1BR,1BA | $725 |
Lexington Park Apartments | 2B/1B | 1BR,1BA | $849 |
North Point and Hallmark Apartments | NORTH POINT GARDEN - GROUND LEVEL | 2BR,1BA | $880 |
Lexington Station Apartments | The Retreat | 1BR,1BA | $1,050 |
The Reserve at Regents Center | 1 Bedroom Phase 1 | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in Lexington, NC
As of March 21, 2025 the best value apartment in the Lexington area is the $1.05 price per square foot 114 Fining Ct Model at 114 Fining Ct in the in the Davidson neighborhood starting from $2,120. The second greatest value Lexington apartment is the 214 Glenoaks Dr Model at 214 Glenoaks Dr starting at $1,948 with a $1.22 price per square foot in the Davidson neighborhood. Here is today’s list of the best values for Lexington apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
114 Fining Ct | 114 Fining Ct | 3BR,2.5BA | $1.05 |
214 Glenoaks Dr | 214 Glenoaks Dr | 3BR,3BA | $1.22 |
North Point and Hallmark Apartments | NORTH POINT GARDEN - GROUND LEVEL | 2BR,1.5BA | $0.88 |
Lexington Park Apartments | 1B/1B | 1BR,1BA | $0.94 |
The Reserve at Regents Center | 1 Bedroom w/Balcony Phase 2 | 1BR,1BA | $1.81 |
27 Hege Drive | 1/1 | 1BR,1BA | $1.38 |
Lexington Station Apartments | The Retreat | 1BR,1BA | $2.02 |
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Best Local Schools in Lexington, NC
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Getting Around Lexington, NC
Walk Score®
39 / 100
Car-Dependent
Most errands require a car
Bike Score®
29 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lexington Apartments
What is the price of a cheap apartment in Lexington?
The cheapest apartment in Lexington is 27 Hege Drive which is listed at $725, while the average apartment in Lexington costs $1,147.
What types of apartments are the cheapest in Lexington?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 352 regular apartments in Lexington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lexington?
Cheap apartments in Lexington have an average cost of $467 which is $680 cheaper than the average rent for all rentals in Lexington.
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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.