Cheap Apartments for Rent in Lexington, IN from $400 (20 Rentals)

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

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.

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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.

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Foxtail Pointe
2 to 3 Bedroom Apartments

Foxtail Pointe

8614 Highway 60Sellersburg, IN 47172

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.

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Lexington, IN Local Guide

Cheapest Available Lexington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lexington, IN is a 1 Bed unit found at Stonebrook of Scottsburg priced from $750. Water's Edge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $771. Here is today’s list of the most affordable Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stonebrook of ScottsburgA11BR,1BA$750
Water's EdgeOne Bedroom Reservation List1BR,1BA$771
281 E Main StOne Bed, One Bath1BR,1BA$775
Charlestown FlatsOne Bedroom Flat1BR,1BA$995
Autumn Ridge Apartments1 Bedroom 1 Bathroom1BR,1BA$1,015

Best Value Apartments for Rent in Lexington, IN and Nearby

As of August 31, 2025 the best value apartment in the Lexington area is the $1.11 price per square foot 3 Bedroom Model at Oldham Oaks in the starting from $1,505. The second greatest value Lexington apartment is the The Sequoia Model at Forest Edge Apartments starting at $1,395 with a $1.12 price per square foot in the Outer Southern Indiana Clark County 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.
Oldham Oaks3 Bedroom3BR,2BA$1.11
Forest Edge ApartmentsThe Sequoia2BR,2BA$1.12
Ashby Apartments2 BEDROOM 2 BATHROOM2BR,2BA$0.95
Plum Ridge ApartmentsTwo Bed2BR,2BA$1.05
Rivers Edge Residences2 Beds, 2 baths2BR,2BA$1.10
Lakeview Apartments2 BEDROOM 2 BATHROOM B2BR,2BA$1.12
Wolf Run Park2Bedroom/2Bathroom 1084 sqft2BR,2BA$1.05
Nicholas LandingTwo Bedroom2BR,2BA$1.15
281 E Main StOne Bed, One Bath1BR,1BA$0.97
Water's EdgeOne Bedroom Reservation List1BR,1BA$1.10

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

Explore Lexington, IN Rentals by Map

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Getting Around Lexington, IN

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

15 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Livano Springdale listed at $1,521.

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

The lowest price for a Cheap One Bedroom Lexington Apartment is $750 at Stonebrook of Scottsburg.

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 $929 at Water's Edge.

What is the most affordable Lexington Three Bedroom Apartment?

The best deal on a cheap Lexington Three Bedroom Apartment rental is at Water's Edge and starts from $1,006.

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

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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.

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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.