Cheap Apartments for Rent near Lexington, MS from $600 (29 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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X - Arlington
1 to 3 Bedroom Apartments

X - Arlington

5845 Ridgewood RdJackson, MS 39211
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Sunchase Ridgeland
1 to 2 Bedroom Apartments

Sunchase Ridgeland

875 William BlvdRidgeland, MS 39157
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Trace
1 to 2 Bedroom Apartments

Trace

340 Arbor DrRidgeland, MS 39157
Corporate Housing

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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Showing Results 1-29, Page 1 of 1

Lexington, MS Local Guide

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 in the Yazoo County neighborhood 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 ListingModel NameBed/BathPriced From
Glendale Apartments1BR/1BA1BR,1BA$653
Yazoo Estates2x12BR,1BA$800
Grenada Estates2x22BR,2BA$807
The Park at Inverness1 Bedroom / 1 Bathroom Silver Prep1BR,1BA$850
Hampton HouseMagnolia1BR,1BA$874
Tracewood1 Bedroom 1 Bathroom Upgraded1BR,1BA$900
Meadows ApartmentsOne Bedrooms1BR,1BA$910
Royal Oak Apartments1 Bedroom 1 Bathroom1BR,1BA$925
Farmington Station2x1 (+$50/mo water,trash,sewage)2BR,1BA$925
PinebrookThe Elm1BR,1BA$950

Best Value Apartments for Rent in Lexington, MS and Nearby

As of September 10, 2026 the best value apartment in the Lexington area is the $1.24 price per square foot 2Bedroom/2Bath Model at Mark in the in the Outer Ridgeland Madison neighborhood starting from $1,364. The second greatest value Lexington apartment is the 2x2 Model at Grenada Estates starting at $807 with a $0.74 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.
Mark2Bedroom/2Bath2BR,2BA$1.24
Grenada Estates2x22BR,2BA$0.74
Colony Pointe2 Bedroom2BR,2BA$1.17
Hampton HouseWillow2BR,2BA$1.01
Farmington Station2x1 (+$50/mo water,trash,sewage)2BR,1BA$1.07
Cypress Meadows ApartmentsThree Bedroom 603BR,1.5BA$1.17
The Park at Inverness1 Bedroom / 1 Bathroom Gold1BR,1BA$1.16
Meadows ApartmentsOne Bedrooms1BR,1BA$1.21
Glendale Apartments1BR/1BA1BR,1BA$0.87
Tracewood1 Bedroom 1 Bathroom1BR,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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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!

Explore Lexington, MS Rentals by Map

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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

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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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.