
Cheap Apartments for Rent in Lexington, TX from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Lexington.


Cameron Terrace

Rockdale

Sunrise Apartment Homes

Parkview Apartments

Shade Tree Apartment Homes

The Commons Apartments at Hickory Creek

Parkside Apartments

The Grand at Manor
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.

Settlement Estates

Burnett Place Apartments

North Creek

407 Alta Vista Dr

195 N Farm to Market 487

1606 TX-21
Lexington, TX Local Guide

How much does it cost to rent an apartment in Lexington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lexington Studio Apartments | $1,258 | $825 | $2,845 |
Lexington 1 Bedroom Apartments | $1,496 | $525 | $3,289 |
Lexington 2 Bedroom Apartments | $1,920 | $785 | $4,861 |
Lexington 3 Bedroom Apartments | $2,420 | $915 | $5,469 |
Lexington 4 Bedroom Apartments | $2,646 | $2,415 | $3,025 |
Browse Top Apartments in Lexington
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Lexington, TX Local Guide
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Cheapest Available Lexington Apartments for Rent and Nearby
 The cheapest available apartment rental in Lexington, TX is a 1 Bed unit found at Cameron Terrace priced from $669. Sunrise Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $805. Here is today’s list of the most affordable Lexington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Cameron Terrace | A 1x1 | 1BR,1BA | $669 |
Sunrise Apartment Homes | 1 Bedroom | 1BR,1BA | $805 |
Parkside Apartments | 1 bedroom | 1BR,1BA | $895 |
The Commons Apartments at Hickory Creek | 1 Bed | 1BR,1BA | $895 |
The Narrows | Elderberry | 1BR,1BA | $975 |
Best Value Apartments for Rent in Lexington, TX and Nearby
As of April 23, 2025 the best value apartment in the Lexington area is the $1.35 price per square foot Ginkgo Model at Beacon at Presidential Heights in the in the Travis Northeast neighborhood starting from $2,080. The second greatest value Lexington apartment is the C1 Model at Carver Ridge Apartments starting at $1,640 with a $1.29 price per square foot in the The Commons At Rowe Lane 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. |
---|---|---|---|
Beacon at Presidential Heights | Ginkgo | 3BR,2BA | $1.35 |
Carver Ridge Apartments | C1 | 3BR,2BA | $1.29 |
Walnut Ridge Apartments | B1 | 2BR,2BA | $1.32 |
Gardens of Taylor | 2 Beds, 2 baths | 2BR,2BA | $1.27 |
Crescent Village | 2 Bed, 1 Bath (60% Income Restricted) | 2BR,1BA | $1.21 |
The Commons Apartments at Hickory Creek | 1 Bed | 1BR,1BA | $1.12 |
The Narrows | Elderberry | 1BR,1BA | $1.24 |
Parkside Apartments | 1 bedroom | 1BR,1BA | $1.29 |
Cameron Terrace | A 1x1 | 1BR,1BA | $1.03 |
Sunrise Apartment Homes | 1 Bedroom | 1BR,1BA | $1.34 |
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Pet Friendly LifestyleLexington, TX
Ranked #317
Among cities in Texas for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Lexington, TX
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Lexington, TX
Walk Score®
12 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
27 / 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 Cheapest Studio apartment in Lexington?
Currently the most affordable Cheap Studio Apartment in Lexington is at The Grand at Manor listed at $995.
How much is rent for a Cheap One Bedroom Lexington Apartment?
The lowest price for a Cheap One Bedroom Lexington Apartment is $669 at Cameron Terrace.
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 $785 at Cameron Terrace.
What is the most affordable Lexington Three Bedroom Apartment?
The best deal on a cheap Lexington Three Bedroom Apartment rental is at Crescent Village and starts from $1,259.
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.

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.

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.

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.