Cheap Apartments for Rent in Lexington, TX from $400 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
13900 Mussel Run
Studio Apartments

13900 Mussel Run

13900 Mussel RunElgin, TX 78621
  • Utilities Included

Lexington, TX Local Guide

Cheapest Available Lexington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lexington, TX is a 2 Beds unit found at Gardens of Taylor in the Taylor Hutto neighborhood priced from $620. Cameron Terrace has the second lowest priced unit, which is a 2 Beds apartment currently listed from $785. Here is today’s list of the most affordable Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gardens of Taylor2 Beds, 2 baths2BR,2BA$620
Cameron TerraceB 2x12BR,1BA$785
Sunrise Apartment Homes1 Bedroom1BR,1BA$805
The Commons Apartments at Hickory Creek1 Bed1BR,1BA$895
Crescent Village1 Bed, 1 Bath (60% Income Restricted)1BR,1BA$960

Best Value Apartments for Rent in Lexington, TX and Nearby

As of March 26, 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 Ginkgo Model at Beacon at Vine Creek starting at $2,227 with a $1.45 price per square foot in the Blackhawk neighborhood. 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.
Beacon at Presidential HeightsGinkgo3BR,2BA$1.35
Beacon at Vine CreekGinkgo3BR,2BA$1.45
Gardens of Taylor2 Beds, 2 baths2BR,2BA$0.63
Burnett Place ApartmentsTwo Bed - One Bath2BR,1BA$1.39
Cameron TerraceB 2x12BR,1BA$0.95
The Commons Apartments at Hickory Creek1 Bed1BR,1BA$1.12
The NarrowsElderberry1BR,1BA$1.40
Crescent Village1 Bed, 1 Bath (60% Income Restricted)1BR,1BA$1.36
Arbors of Bastrop1 Bed, 1 bath1BR,1BA$1.51
Sunrise Apartment Homes1 Bedroom1BR,1BA$1.34

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Lexington, TX

Ranked #365

Among cities in Texas for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Lexington, TX Rentals by Map

View MapLexington, TX Apartments MapView MapLexington, TX Rental Homes Map

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

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 Hutto Station listed at $914.

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

The lowest price for a Cheap One Bedroom Lexington Apartment is $805 at Sunrise Apartment Homes.

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 $620 at Gardens of Taylor.

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 $1,258.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.