
Cheap Homes for Rent in Lexington, IN from $700 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.


111 Kenwood Ave

432 Greensburg St

217 Lowell Ave
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.

194 Hayden Pike

208 S Chestnut St

226 Yager Ave
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.

380 Cardinal Dr

106 Terrace Drive

211 Terrace Dr

6719 Gunston Ln

4930 Grant Line Rd

4932 Grant Line Rd

1420 Riverside Dr

1605 Betances Ct
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.
Lexington, IN 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 | $1,101 | $800 | $1,400 |
Lexington 3 Bedroom Homes for Rent | $2,143 | $1,300 | $3,750 |
Lexington 4 Bedroom Homes for Rent | $3,224 | $2,449 | $4,700 |
Lexington 5 Bedroom Homes for Rent | $3,400 | $3,300 | $3,500 |
Lexington 6 Bedroom Homes for Rent | $5,575 | $4,900 | $6,250 |
Browse Top Homes for Rent in Lexington
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Lexington, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stonebrook of Scottsburg | A1 | 1BR,1BA | $750 |
Water's Edge | One Bedroom Reservation List | 1BR,1BA | $771 |
281 E Main St | One Bed, One Bath | 1BR,1BA | $775 |
Charlestown Flats | One Bedroom Flat | 1BR,1BA | $995 |
Autumn Ridge Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,015 |
Best Value Apartments for Rent in Lexington, IN and Nearby
As of September 05, 2025 the best value apartment in the Lexington area is the $1.08 price per square foot 3 Bedroom Model at Oldham Oaks in the starting from $1,455. The second greatest value Lexington apartment is the 2 bed, 2 bath Model at The Slate starting at $1,450 with a $1.17 price per square foot in the Southern Indiana 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. |
---|---|---|---|
Oldham Oaks | 3 Bedroom | 3BR,2BA | $1.08 |
The Slate | 2 bed, 2 bath | 2BR,2BA | $1.17 |
Forest Edge Apartments | The Sequoia | 2BR,2BA | $1.12 |
Ashby Apartments | 2 BEDROOM 2 BATHROOM | 2BR,2BA | $0.95 |
Rivers Edge Residences | 2 Beds, 2 baths | 2BR,2BA | $1.10 |
Lakeview Apartments | 2 BEDROOM 2 BATHROOM B | 2BR,2BA | $1.12 |
Wolf Run Park | 2Bedroom/2Bathroom 1084 sqft | 2BR,2BA | $1.05 |
Nicholas Landing | Two Bedroom | 2BR,2BA | $1.15 |
281 E Main St | One Bed, One Bath | 1BR,1BA | $0.97 |
Water's Edge | One Bedroom Reservation List | 1BR,1BA | $1.10 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Lexington, IN
Frequently Asked Questions about Lexington
What type of rentals are currently available in Lexington?
There are currently 44 Apartments for Rent in Lexington, IN with pricing that ranges from $750 to $3,048. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $700 to $6,250.
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 $700 to $6,250 with an average monthly rent of $2,711.
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.

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.

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.