Cheap Apartments for Rent near East Lexington, VA from $700 (28 Rentals)

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

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The Timbers
$714 - $1,014
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$659 - $959
Required Monthly Fees
$55
Total Monthly Price
$714 - $1,014
1 to 2 Bedroom Apartments Available Now

The Timbers

2 Timber CtLynchburg, VA 24501
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McCausland Ridge
Rent Specials
$750
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750
1 Bedroom Apartments Available Now

McCausland Ridge

2075 Langhorne RdLynchburg, VA 24501
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Rivermont Park
Rent Specials
$784 - $1,034
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$749 - $999
Required Monthly Fees
$35
Total Monthly Price
$784 - $1,034
Studio to 2 Bedroom Apartments Available Now

Rivermont Park

2935 Rivermont AveLynchburg, VA 24503
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Charanne
$795
Total Monthly Price

Total Monthly Price

Base Rent
$795
Total Monthly Price
$795
2 Bedroom Apartments Contact Us For Availability

Charanne

4993 S Amherst HwyMadison Heights, VA 24572
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Bramblewood Apartments
$799 - $1,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$799 - $1,150
Total Monthly Price
$799 - $1,150
1 to 3 Bedroom Apartments Available Now

Bramblewood Apartments

3300 Old Forest RdLynchburg, VA 24501
Affordability
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Peakland Apartments
$940 - $1,230
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$905 - $1,195
Required Monthly Fees
$35
Total Monthly Price
$940 - $1,230
1 to 2 Bedroom Apartments Available Now

Peakland Apartments

3901 Boonsboro RdLynchburg, VA 24503
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Walden Pond Apartment Homes
Rent Specials
$972 - $2,407
Total Monthly Price

Total Monthly Price

Base Rent
$965 - $2,400
Required Monthly Fees
$7
Total Monthly Price
$972 - $2,407
1 to 3 Bedroom Apartments Available Now

Walden Pond Apartment Homes

1400 Weeping Willow DrLynchburg, VA 24501
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Middlebrook Trace
$1,015 - $1,120
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,015 - $1,120
Total Monthly Price
$1,015 - $1,120
2 to 3 Bedroom Apartments Available Now

Middlebrook Trace

601 Moore StStaunton, VA 24401
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Boonsboro Village Apartments
$1,060 - $1,434
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025 - $1,399
Required Monthly Fees
$35
Total Monthly Price
$1,060 - $1,434
2 to 3 Bedroom Apartments Available Now

Boonsboro Village Apartments

4715 Boonsboro RdLynchburg, VA 24503
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property at 2461 Rivermont Ave

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895
Total Monthly Price
$895

1 Bedroom, 1 Bath Home for Rent

Available Now

2461 Rivermont Ave

LynchburgVA24503

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 5131 Boonsboro Rd

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995
Total Monthly Price
$995

3 Bedroom, 2 Bath Home for Rent

Available Now

5131 Boonsboro Rd

LynchburgVA24503
property at 1444 Tenbury Dr

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1444 Tenbury Dr

LynchburgVA24501
property at 2202 Hollins Mill Rd

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

3 Bedroom, 1 Bath Condo for Rent

Available Now

2202 Hollins Mill Rd

LynchburgVA24503
property at 457 Steeles Fort Rd

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Oct 1

457 Steeles Fort Rd

RaphineVA24472
property at 206 Devonshire Rd

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

3 Bedroom, 1.5 Bath Home for Rent

Available Now

206 Devonshire Rd

LynchburgVA24501
property at 1476 Tenbury Dr

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1476 Tenbury Dr

LynchburgVA24501

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-28, Page 1 of 1

East Lexington, VA Local Guide

Cheapest Available East Lexington Apartments for Rent and Nearby

 

The cheapest available apartment rental in East Lexington, VA is a 1 Bed unit found at Hillcrest Manor Apartments priced from $700. The Timbers in the Sandusky neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $714. Here is today’s list of the most affordable East Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hillcrest Manor Apartments1br1BR,1BA$700
The Timbers1 Bedroom, 1 Bathroom1BR,1BA$714
McCausland Ridge1BR/1.0BA1BR,1BA$750
Craigmont Manor1 Bedroom1BR,1BA$815
Elora Gardens Lynchburg1 Bedroom1BR,1BA$854
Bramblewood Apartments3BR/1.0BA3BR,1BA$880
Rivermont Park1 Bedroom, 1 Bath1BR,1BA$884
Ivy Creek Apartments3BR/1.5BA3BR,1BA$949
Montague Terrace2 BDRM/2 Bath2BR,2BA$980
Park Place Apartments2BR/2BA2BR,2BA$995

Best Value Apartments for Rent in East Lexington, VA and Nearby

As of August 22, 2026 the best value apartment in the East Lexington area is the $0.79 price per square foot 3BR/1.5BA Model at Ivy Creek Apartments in the in the Sandusky neighborhood starting from $949. The second greatest value East Lexington apartment is the 3 BDRM/2 Bath Model at Montague Terrace starting at $1,365 with a $1.15 price per square foot . Here is today’s list of the best values for East Lexington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.79
Montague Terrace3 BDRM/2 Bath3BR,2BA$1.15
Park Place Apartments3BR/Den3BR,2BA$1.12
Huntingwood Apartments3 bd on Lake w w/d3BR,2BA$1.04
Walden Pond Apartment Homes2 Bedroom2BR,1.5BA$1.08
Middlebrook Trace2 Bed2BR,1.5BA$0.99
Bramblewood Apartments2BR/1.0BA2BR,1BA$1.12
Hillcrest Manor Apartments2br2BR,1BA$1.10
Craigmont Manor1 Bedroom1BR,1BA$1.16
McCausland Ridge1BR/1.0BA1BR,1BA$1.07

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

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Frequently Asked Questions about Cheap East Lexington Apartments

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

The lowest price for a Cheap One Bedroom East Lexington Apartment is $700 at Hillcrest Manor Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in East Lexington is starting from $795 at Hillcrest Manor Apartments.

What is the most affordable East Lexington Three Bedroom Apartment?

The best deal on a cheap East Lexington Three Bedroom Apartment rental is at Bramblewood Apartments and starts from $880.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.