Cheap Homes for Rent in Lexington, MO from $1,000 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes 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.

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, MO Local Guide

Cheapest Available Lexington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lexington, MO is a Studio unit found at Independence Towers in the Spring Branch neighborhood priced from $650. Hillside Apartments in the McCoy neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Independence TowersStudioStudio,1BA$650
Hillside ApartmentsJunior 1-BedStudio,1BA$750
Hampton Place Apartments1x11BR,1BA$845
Arrow ApartmentsStudio1BR,1BA$850
Hillside ApartmentsRenovated 1bed - 1bath Apartment!1BR,1BA$895

Best Value Apartments for Rent in Lexington, MO and Nearby

As of September 11, 2025 the best value apartment in the Lexington area is the $1.28 price per square foot 3 bedroom, 1 car garage Model at Lakeview Crossing in the in the Blue Springs Manor South neighborhood starting from $1,683. The second greatest value Lexington apartment is the Homestead Model at Rustic Heights starting at $1,795 with a $1.39 price per square foot . 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.
Lakeview Crossing3 bedroom, 1 car garage3BR,2.5BA$1.28
Rustic HeightsHomestead3BR,2.5BA$1.39
Lofts at Old Towne2 Bed, 2 Bath - B82BR,2BA$1.12
Brookwood Village Townhomes2A2BR,1.5BA$1.13
Eagle Ridge TownhomesTH33BR,2BA$1.38
The Edison at Blue SpringsTesla2BR,2BA$1.30
Indy Ridge1 Bed 1 Bath Renovated1BR,1BA$1.38
Pepperwood ApartmentsSassafras Laurel1BR,1BA$1.46
Hillside ApartmentsRenovated 1bed - 1bath Apartment!1BR,1BA$1.28
Hampton Place Apartments1x11BR,1BA$1.30

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

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

Explore Lexington, MO Rentals by Map

View Map
Lexington, MO Apartments Map
View Map
Lexington, MO Rental Homes Map

Frequently Asked Questions about Lexington

What type of rentals are currently available in Lexington?

There are currently 42 Apartments for Rent in Lexington, MO with pricing that ranges from $645 to $5,340. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $1,000 to $2,700.

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 $1,000 to $2,700 with an average monthly rent of $1,824.

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 $1,067 to $4,116, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,200. Four Bedroom Single-Family rentals are also available starting from $2,460 and Four Bedroom Apartments start at $2,450.

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.