214 S Bloomington St
StreatorIL61364
Cheap Homes for Rent in Lexington, IL from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.
1309 S Madison St
NormalIL61761
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
225 Old Germantown Rd
East PeoriaIL61611
26 Fetzer Ct
BloomingtonIL61704
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
3016 Robert St
BloomingtonIL61704
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Lexington, IL Local Guide
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How much does it cost to rent a home in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington 2 Bedroom Homes for Rent | $2,014 | $1,495 | $2,699 |
| Lexington 3 Bedroom Homes for Rent | $1,940 | $1,400 | $3,150 |
| Lexington 4 Bedroom Homes for Rent | $2,405 | $1,950 | $3,500 |
Browse Top Homes for Rent in Lexington
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Lexington, IL Local Guide
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Cheapest Available Lexington Apartments for Rent and Nearby
The cheapest available apartment rental in Lexington, IL is a 4 Beds unit found at The Social on Hovey in the Downtown Normal neighborhood priced from $779. Class Act Realty in the Downtown Normal neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $790. Here is today’s list of the most affordable Lexington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Social on Hovey | 4 Balcony | 4BR,4BA | $779 |
| Class Act Realty | 1 Bedroom | 1BR,1BA | $790 |
| Arbors at Eastland | The Pine | 1BR,1BA | $840 |
Best Value Apartments for Rent in Lexington, IL and Nearby
As of July 31, 2025 the best value apartment in the Lexington area is the $1.50 price per square foot Hampton Model at Weldon Reserve Garage Included in the starting from $2,800. The second greatest value Lexington apartment is the 4 Bedrooms or more Model at Class Act Realty starting at $1,950 with a $1.22 price per square foot in the Downtown Normal 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. |
|---|---|---|---|
| Weldon Reserve Garage Included | Hampton | 4BR,2.5BA | $1.50 |
| Class Act Realty | 4 Bedrooms or more | 4BR,2.5BA | $1.22 |
| The Social on Hovey | 4 Balcony Renovated | 4BR,4BA | $0.55 |
| The Social at Illinois State | 4-bed/4-bath | 4BR,4BA | $0.53 |
| Hershey Clearwater Townhomes | 3/1.5 (Remodel) | 3BR,1.5BA | $1.17 |
| Wingover Luxury Apartments and Townhomes | Three Bedroom/Two Bath | 3BR,2BA | $1.23 |
| 701 Franklin | Apt 2 | 4BR,2BA | $0.55 |
| Ekstam Apartments | 2 Beds 2 Bath | 2BR,2BA | $1.14 |
| 700 N Adelaide St | Rent Per Student for 2 | 2BR,1.5BA | $0.71 |
| Lancaster Heights | One Bedroom | 1BR,1BA | $1.43 |
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Frequently Asked Questions about Lexington
What type of rentals are currently available in Lexington?
There are currently 41 Apartments for Rent in Lexington, IL with pricing that ranges from $649 to $10,000. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $725 to $3,500.
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 $725 to $3,500 with an average monthly rent of $1,874.
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 $798 to $2,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $3,150. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $649.
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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.