Cheap Apartments for Rent in Lexington, NC from $300 (18 Rentals)

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

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.

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Hilltop Terrace
Studio to 2 Bedroom Apartments

Hilltop Terrace

111 N Carolina AveLexington, NC 27292
Senior Living
  • Utilities Included

The 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.

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Jackson Square
1 to 3 Bedroom Apartments

Jackson Square

100 Jackson Square DrLexington, NC 27295
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402 National Blvd
1 Bedroom Apartments

402 National Blvd

402 National BlvdLexington, NC 27292
  • Utilities Included
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The Club Apartments
1 to 4 Bedroom Apartments

The Club Apartments

6 London CtLexington, NC 27292
  • Utilities Included
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309-311 W 3rd Ave
2 Bedroom Apartments

309-311 W 3rd Ave

309-311 W 3rd AveLexington, NC 27292
  • Utilities Included

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.

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Mt. Moriah Manor
1 Bedroom Apartments

Mt. Moriah Manor

202 Robert Floyd DrLexington, NC 27295
Senior Living
  • Utilities Included

Lexington, NC Local Guide

Cheapest Neighborhoods for Apartments in Lexington, NC

Pricing Updated: 08/03/2025

Current apartment rentals in the Lexington, NC area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lexington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Davidson$3,049$750167

Cheapest Available Lexington Apartments for Rent

 

The cheapest available apartment rental in Lexington, NC is a 1 Bed unit found at 27 Hege Drive in the Davidson neighborhood priced from $725. Parkview Apartments in the Davidson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
27 Hege Drive1/11BR,1BA$725
Parkview Apartments1 Bedroom1BR,1BA$850
Lexington Park Apartments1B/1B1BR,1BA$885
North Point and Hallmark ApartmentsNORTH POINT GARDEN-- 2ND LEVEL2BR,1BA$890
Fairview Village1 Bedroom Garden1BR,1BA$1,050

Best Value Apartments for Rent in Lexington, NC

As of August 04, 2025 the best value apartment in the Lexington area is the $0.89 price per square foot NORTH POINT GARDEN-- 2ND LEVEL Model at North Point and Hallmark Apartments in the in the Davidson neighborhood starting from $890. The second greatest value Lexington apartment is the The Southport with Balcony Model at The Reserve at Regents Center starting at $1,395 with a $1.81 price per square foot in the Davidson 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.
North Point and Hallmark ApartmentsNORTH POINT GARDEN-- 2ND LEVEL2BR,1.5BA$0.89
The Reserve at Regents CenterThe Southport with Balcony1BR,1BA$1.81
Fairview Village1 Bedroom Garden1BR,1BA$1.54
Parkview Apartments1 Bedroom1BR,1BA$1.42
27 Hege Drive1/11BR,1BA$1.38

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

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Getting Around Lexington, NC

Walk Score®

39 / 100

Car-Dependent

Most errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $725 at 27 Hege Drive.

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 $890 at North Point and Hallmark Apartments.

What is the most affordable Lexington Three Bedroom Apartment?

The best deal on a cheap Lexington Three Bedroom Apartment rental is at The Reserve at Regents Center and starts from $1,575.

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.

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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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.