Cheap Apartments for Rent in Lexington, MI from $680 (38 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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67748 S Main St
1 to 2 Bedroom Apartments

67748 S Main St

67748 S Main StRichmond, MI 48062
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Gateway Apartments
1 to 2 Bedroom Apartments

Gateway Apartments

1070-1080 Raleigh AveLapeer, MI 48446
Corporate Housing
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Kingsbrook Estates
2 to 4 Bedroom Apartments

Kingsbrook Estates

4600 Van Dyke RdAlmont, MI 48003
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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315 E Nepessing St
1 to 2 Bedroom Apartments

315 E Nepessing St

315 E Nepessing StLapeer, MI 48446
Corporate Housing
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Lexington, MI Local Guide

Cheapest Available Lexington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lexington, MI is a 1 Bed unit found at Croswell Country Manor - 62+ Senior Community priced from $680. Drakeshire Apartments in the Lapeer County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Croswell Country Manor - 62+ Senior CommunityOne Bedrom1BR,1BA$680
Drakeshire ApartmentsDrakeshire Apartments | One Bed | One Bath | $5...1BR,1BA$800
Aspen Grove ApartmentsStudioStudio,1BA$820
Sugarbush Run ApartmentsSugarbush Run Apartments2BR,1BA$895
Legacy at GolfviewUpdated Unit2BR,1BA$895
ST. CLAIR LANDINGS1 Bedroom 1 Bathroom1BR,1BA$895
Westmoore Apartments1x11BR,1BA$935
Anchor Bay Apartments2 Bedroom2BR,1BA$950
Blackwood Apartments2 Bedroom 1 Bathroom with basement2BR,1BA$950
Heritage Grove ApartmentsTwo bedroom2BR,1BA$950

Best Value Apartments for Rent in Lexington, MI and Nearby

As of September 01, 2026 the best value apartment in the Lexington area is the $0.96 price per square foot 3 Bed 2 Bath Single Section Model at Springbrook Estates in the starting from $1,499. The second greatest value Lexington apartment is the 2 Beds, 2 baths Model at Wrigley Lofts starting at $1,425 with a $1.01 price per square foot in the Downtown Port Huron 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.
Springbrook Estates3 Bed 2 Bath Single Section3BR,2BA$0.96
Wrigley Lofts2 Beds, 2 baths2BR,2BA$1.01
Anchor Bay Apartments2 Bedroom2BR,1.5BA$0.83
Blackwood Apartments2 Bedroom 1 Bathroom with basement2BR,1BA$0.95
Silver Pines Apartments1 Bedroom & Deluxe 1-Bedroom1BR,1BA$1.07
Gray Estates ApartmentsTwo Bedroom One Bath2BR,1BA$1.20
Heritage Grove ApartmentsTwo bedroom2BR,1BA$1.03
Sugarbush Run ApartmentsSugarbush Run Apartments2BR,1.5BA$0.99
Legacy at GolfviewUpdated Unit2BR,1BA$1.12
Drakeshire ApartmentsDrakeshire Apartments | One Bed | One Bath | $5...1BR,1BA$1.29

Don'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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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

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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 Aspen Grove Apartments listed at $820.

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

The lowest price for a Cheap One Bedroom Lexington Apartment is $680 at Croswell Country Manor - 62+ Senior Community.

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 $875 at Drakeshire Apartments.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.