
Cheap Homes for Rent in Lexington, IN from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.


23 E Brown St

226 Yager Ave

23 E Brown St

211 Terrace Dr

8801 W State Hwy 22
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.

209 Terrace Dr

301 Creekview Dr

408 Creekview Dr

548 Alden Rd

6814 Beech Ave

127 Locust St
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.
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 | $1,618 | $890 | $3,250 |
| Lexington 3 Bedroom Homes for Rent | $2,471 | $1,350 | $4,095 |
| Lexington 4 Bedroom Homes for Rent | $3,700 | $2,650 | $4,700 |
| Lexington 5 Bedroom Homes for Rent | $4,933 | $2,800 | $8,500 |
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 |
| Ashby Apartments | 1 BEDROOM 1 BATHROOM SMALL | 1BR,1BA | $964 |
| Lakeview Apartments | 1 BEDROOM 1 BATHROOM | 1BR,1BA | $974 |
Best Value Apartments for Rent in Lexington, IN and Nearby
As of October 27, 2025 the best value apartment in the Lexington area is the $0.97 price per square foot 3 Bedroom Model at Oldham Oaks in the starting from $1,305. The second greatest value Lexington apartment is the The Sequoia Model at Forest Edge Apartments starting at $1,370 with a $1.10 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oldham Oaks | 3 Bedroom | 3BR,2BA | $0.97 |
| Forest Edge Apartments | The Sequoia | 2BR,2BA | $1.10 |
| Plum Ridge Apartments | Two Bed | 2BR,2BA | $1.01 |
| Rivers Edge Residences | 2 Beds, 2 baths | 2BR,2BA | $1.10 |
| Wolf Run Park | 2Bedroom/2Bathroom 986 sqft | 2BR,2BA | $1.01 |
| Renaissance Park Apartments | New Construction Two Bedroom Two Bathroom | 2BR,2BA | $1.18 |
| Lakeview Apartments | 1 BEDROOM 1 BATHROOM | 1BR,1BA | $1.21 |
| 281 E Main St | One Bed, One Bath | 1BR,1BA | $0.97 |
| Stonebrook of Scottsburg | B1 | 2BR,1BA | $1.23 |
| Water's Edge | One Bedroom Reservation List | 1BR,1BA | $1.10 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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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 $489 to $3,092. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $890 to $8,500.
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 $890 to $8,500 with an average monthly rent of $3,180.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.