
Cheap Homes for Rent in Lexington, AL from $600 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.


34 Lexy Ln

116 Plum St

414 Hermitage Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

543 Dulin St

1975 Darby Dr

1217 E Reeder St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

424 W Woodland Rd

1705 N Wood Ave

402 W Tombigbee St

16 Cameron Cir

14391 Friend Rd
Navigating 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.

145 Bruin Dr

2010 Vulcan St

625 Rivermont Rd
Lexington, AL Local Guide

How much does it cost to rent a home in Lexington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lexington 2 Bedroom Homes for Rent | $969 | $695 | $1,650 |
Lexington 3 Bedroom Homes for Rent | $1,425 | $895 | $1,695 |
Lexington 4 Bedroom Homes for Rent | $1,775 | $1,600 | $1,950 |
Lexington 5 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Top Homes for Rent in Lexington
Explore Lexington
Lexington, AL Local Guide
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Cheapest Available Lexington Apartments for Rent and Nearby
 The cheapest available apartment rental in Lexington, AL is a Studio unit found at West Tennessee Street in the Downtown Florence neighborhood priced from $600. Creekside Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $655. Here is today’s list of the most affordable Lexington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
West Tennessee Street | 0BR/1.0BA | Studio,1BA | $600 |
Creekside Apartments | 1 Bedroom | 1BR,1BA | $655 |
Ivy Pointe Apartments | 2 Bedroom | 2BR,1BA | $709 |
STONEBROOK VILLAGE | 1 Bedroom 1 Bathroom | 1BR,1BA | $725 |
Brookfield Apartment Homes | 2 Bedroom 1.5 Bathroom | 2BR,1BA | $850 |
Best Value Apartments for Rent in Lexington, AL and Nearby
As of May 28, 2025 the best value apartment in the Lexington area is the $0.71 price per square foot 2BR/2.0BA Model at 2/2 Apartment - Killen, AL in the starting from $900. The second greatest value Lexington apartment is the Downstairs Model at The Oakley at Deerfield starting at $1,270 with a $1.02 price per square foot . 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. |
---|---|---|---|
2/2 Apartment - Killen, AL | 2BR/2.0BA | 2BR,2BA | $0.71 |
The Oakley at Deerfield | Downstairs | 2BR,2BA | $1.02 |
Seville Place Apartment Village | 2 BR/2 BA | 2BR,2BA | $0.87 |
Creekside Apartments | Flats Unit | 2BR,2BA | $1.00 |
The Oakley at Spring Creek | Two Bedroom | 2BR,2BA | $0.88 |
North Village | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.98 |
Brookfield Apartment Homes | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $0.89 |
Ivy Pointe Apartments | 2 Bedroom | 2BR,1BA | $0.75 |
Creekside Apartments | 1 Bedroom | 1BR,1BA | $0.87 |
STONEBROOK VILLAGE | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.04 |
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.
Frequently Asked Questions about Lexington
What type of rentals are currently available in Lexington?
There are currently 42 Apartments for Rent in Lexington, AL with pricing that ranges from $549 to $1,995. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $600 to $2,400.
What is the current price range for Rental Homes in Lexington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lexington ranges from $600 to $2,400 with an average monthly rent of $1,478.
How much are larger Three and Four Bedroom Rentals in Lexington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lexington range from $749 to $1,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $1,695. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,995.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.