
Cheap Apartments for Rent near Lexa, AR from $600 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Lexa.


Kirby Road Estates

Vantage Point Apartments - Carriage House

Farmview Estates

Wesley Forest

Weaver Fields Apartments

Riverbend Apartments

Meadows West Memphis

Chapel Ridge Apartments
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.

Bent Creek Apartments

Indigo at 61

Greenway Apartments

Lakeside Vintage

The Lexington

The Crossings at Tunica

Southaven Pointe Apartments

Foxhaven Apartments

Weatherstone Apartments
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.

The Trace at 161

The Crescent at 161

The DeSoto

Gramercy East Apartments

North Creek Apartments

The Luxe of Southaven

Civic Center West Apartments

Avalon at Horn Lake

Civic Center East Apartments
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.

Southcrest Lake

Hamilton at Turman Farms Apartments

Rocky Creek

The Waverly Apartments

Memphis Urban Apartments

1008 Walk Rd

3740 Parrot Cove

1164 Canary Ln

Chapel Place Homes
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.

4372 Deerland St

328 Heard St

915 Catalpa St

Modena at Mallard Creek

6560 Greenbriar Dr

6655 Embassy Cir

3775 Iron Horse Dr

2212 W Union Ave

629 Catalpa St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

893 Ledbetter Ave
Lexa, AR Local Guide

How much does it cost to rent an apartment in Lexa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexa 1 Bedroom Apartments | $1,144 | $600 | $1,496 |
| Lexa 2 Bedroom Apartments | $1,264 | $650 | $1,975 |
| Lexa 3 Bedroom Apartments | $1,406 | $644 | $2,197 |
| Lexa 4 Bedroom Apartments | $1,230 | $1,230 | $1,230 |
Browse Top Apartments in Lexa
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Lexa, AR Local Guide
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Cheapest Available Lexa Apartments for Rent and Nearby
 The cheapest available apartment rental in Lexa, AR is a 1 Bed unit found at Country Club priced from $600. Vantage Point Apartments - Carriage House has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here is today’s list of the most affordable Lexa apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Country Club | 1x1Country Club | 1BR, 1BA | $600 |
| Vantage Point Apartments - Carriage House | Park View | 2BR, 2BA | $650 |
| Wesley Forest | 1x1Wesley Forest | 1BR, 1BA | $700 |
| Farmview Estates | 2X1 | 2BR, 1BA | $700 |
| Weaver Fields Apartments | One | 1BR, 1BA | $725 |
| Riverbend Apartments | 1x1 | 1BR, 1BA | $750 |
| Chapel Ridge Apartments | 1X1 Mkt | 1BR, 1BA | $813 |
| Bent Creek Apartments | 2 Bedroom | 2BR, 1BA | $850 |
| Indigo at 61 | 1 Bedroom 1 Bath | 1BR, 1BA | $875 |
| Greenway Apartments | 1 Beds, 1 Baths | 1BR, 1BA | $900 |
Best Value Apartments for Rent in Lexa, AR and Nearby
As of September 19, 2026 the best value apartment in the Lexa area is the $1.17 price per square foot 3 Bedroom Model at The Trace at 161 in the McKeller neighborhood starting from $1,575. The second greatest value Lexa apartment is the 2 Bedroom, 2 Bathroom Model at Weatherstone Apartments in the McKeller neighborhood starting at $1,310 with a $1.11 price per square foot. Here is today’s list of the best values for Lexa apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Trace at 161 | 3 Bedroom | 3BR, 2BA | $1.17 |
| Weatherstone Apartments | 2 Bedroom, 2 Bathroom | 2BR, 2BA | $1.11 |
| The Waverly Apartments | The Rosebud (Classic) | 2BR, 2BA | $1.23 |
| Farmview Estates | 2X1 | 2BR, 1BA | $0.78 |
| Bent Creek Apartments | 2 Bedroom | 2BR, 1BA | $0.94 |
| Vantage Point Apartments - Carriage House | Vantage Point | 2BR, 2BA | $1.00 |
| Weaver Fields Apartments | One | 1BR, 1BA | $0.94 |
| Riverbend Apartments | 1x1 | 1BR, 1BA | $1.07 |
| Country Club | 1x1Country Club | 1BR, 1BA | $0.88 |
| Wesley Forest | 1x1Wesley Forest | 1BR, 1BA | $1.06 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lexa, AR Rentals by Map
See the most popular apartments and homes in Lexa, AR
Frequently Asked Questions about Cheap Lexa Apartments
How much is rent for a Cheap One Bedroom Lexa Apartment?
The lowest price for a Cheap One Bedroom Lexa Apartment is $600 at Country Club.
What is the lowest price for a Cheap Two Bedroom Lexa Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lexa is starting from $650 at Vantage Point Apartments - Carriage House.
What is the most affordable Lexa Three Bedroom Apartment?
The best deal on a cheap Lexa Three Bedroom Apartment rental is at Farmview Estates and starts from $750.
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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.