
Cheap Apartments for Rent in Lexington, MS from $600 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Lexington.


Glendale Apartments

Yazoo Estates

Grenada Estates

The Park at Inverness

Hampton House

Northtown Apartments

Royal Oak Apartments

Tracewood
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.

Meadows Apartments

Farmington Station

Trails at Northpointe

Somerset Apartments

Cypress Meadows Apartments

Pinebrook

Aspen Apartments

The Links of Madison County

Carleton Apartments
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.

Pear Orchard Apartments

The Greens of Madison County

The Pointe at Highland

Lakeshore Landing Apartments

Orchard Landing Apartments

The Trails at Madison

Van Mark

MALMAISON VILLAS

Ridgeland Place Apartment Homes
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Prosper Jackson

Colony Pointe

Arbors at Natchez Trace Apartments

Mark

521 Launcelot Rd

32800 Co Rd 512

196 S Alabama Ave

307 E Ridgeway St

X - Arlington
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.

Sunchase Ridgeland

2934 Randolph St

6513 Abraham Lincoln Dr

6605 George Washington Dr

Trace

227 Lawrence Rd

6521 Lyndon B Johnson Dr

2566 Williamson Ave

6731 George Washington Dr
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.

4426 Desoto St

5440 Grafton St

200 Stillwood Dr
Lexington, MS Local Guide

How much does it cost to rent an apartment in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington Studio Apartments | $1,168 | $1,168 | $1,168 |
| Lexington 1 Bedroom Apartments | $1,098 | $600 | $1,812 |
| Lexington 2 Bedroom Apartments | $1,295 | $700 | $1,971 |
| Lexington 3 Bedroom Apartments | $1,497 | $893 | $2,272 |
| Lexington 4 Bedroom Apartments | $975 | $975 | $975 |
Browse Top Apartments in Lexington
See all Apartments in LexingtonExplore Lexington
Lexington, MS Local Guide
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Cheapest Available Lexington Apartments for Rent and Nearby
 The cheapest available apartment rental in Lexington, MS is a 1 Bed unit found at Glendale Apartments priced from $653. Yazoo Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here is today’s list of the most affordable Lexington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Glendale Apartments | 1BR/1BA | 1BR,1BA | $653 |
| Yazoo Estates | 2x1 | 2BR,1BA | $800 |
| Grenada Estates | 2x2 | 2BR,2BA | $807 |
| The Park at Inverness | 1 Bedroom / 1 Bathroom Silver | 1BR,1BA | $885 |
| Royal Oak Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $900 |
| Tracewood | 1 Bedroom 1 Bathroom Upgraded | 1BR,1BA | $900 |
| Meadows Apartments | One Bedrooms | 1BR,1BA | $910 |
| Farmington Station | 2x1 (+$50/mo water,trash,sewage) | 2BR,1BA | $925 |
| Cypress Meadows Apartments | Three Bedroom 60 | 3BR,1BA | $995 |
| Pinebrook | The Elm - Renovated | 1BR,1BA | $999 |
Best Value Apartments for Rent in Lexington, MS and Nearby
As of June 11, 2026 the best value apartment in the Lexington area is the $0.74 price per square foot 2x2 Model at Grenada Estates in the starting from $807. The second greatest value Lexington apartment is the B1D Model at Prosper Jackson starting at $1,179 with a $1.15 price per square foot in the North Jackson 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. |
|---|---|---|---|
| Grenada Estates | 2x2 | 2BR,2BA | $0.74 |
| Prosper Jackson | B1D | 2BR,2BA | $1.15 |
| Ridgeland Place Apartment Homes | Aspen | 1BR,1BA | $1.15 |
| Farmington Station | 3x1 (+$50mo water,trash,sewage) | 3BR,1BA | $1.08 |
| Carleton Apartments | The Palm | 1BR,1BA | $1.11 |
| The Pointe at Highland | 1 Bedroom | 1BR,1BA | $1.19 |
| Cypress Meadows Apartments | Three Bedroom 60 | 3BR,1.5BA | $1.17 |
| Meadows Apartments | One Bedrooms | 1BR,1BA | $1.21 |
| Glendale Apartments | 1BR/1BA | 1BR,1BA | $0.87 |
| Tracewood | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.26 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lexington, MS Rentals by Map
See the most popular apartments and homes in Lexington, MS
Frequently Asked Questions about Cheap Lexington Apartments
How much is rent for a Cheap One Bedroom Lexington Apartment?
The lowest price for a Cheap One Bedroom Lexington Apartment is $653 at Glendale Apartments.
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 $776 at Glendale Apartments.
What is the most affordable Lexington Three Bedroom Apartment?
The best deal on a cheap Lexington Three Bedroom Apartment rental is at Glendale Apartments and starts from $893.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.