
Cheap Apartments for Rent in Lexington, NC from $300 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Lexington.


North Point and Hallmark Apartments

The Reserve at Regents Center

Lexington Park Apartments

Lexington Station
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.
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.
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.
Lexington, NC Local Guide

How much does it cost to rent an apartment in Lexington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Lexington Studio Apartments | $675 | $675 | $675 |
Cheap Lexington 1 Bedroom Apartments | $1,100 | $745 | $1,375 |
Cheap Lexington 2 Bedroom Apartments | $1,278 | $750 | $1,615 |
Cheap Lexington 3 Bedroom Apartments | $1,687 | $1,555 | $1,845 |
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Lexington, NC Local Guide
- Lexington Neighborhoods
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Cheapest Neighborhoods for Apartments in Lexington, NC
Pricing Updated: 09/18/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Davidson | $1,530 | $675 | 154 |
Uptown Lexington | $1,765 | $675 | 46 |
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 $825. Parkview Apartments in the Davidson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Lexington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
27 Hege Drive | 1/1 | 1BR,1BA | $825 |
Parkview Apartments | 1 Bedroom | 1BR,1BA | $825 |
Lexington Park Apartments | 1B/1B | 1BR,1BA | $885 |
North Point and Hallmark Apartments | TOWNHOME (NORTH POINT) | 2BR,1BA | $910 |
Fairview Village | 1 Bedroom Garden | 1BR,1BA | $1,000 |
The Reserve at Regents Center | The Norman | 1BR,1BA | $1,145 |
Lexington Station | The Haven | 2BR,2BA | $1,175 |
Best Value Apartments for Rent in Lexington, NC
As of September 19, 2025 the best value apartment in the Lexington area is the $0.89 price per square foot TOWNHOME (NORTH POINT) Model at North Point and Hallmark Apartments in the in the Davidson neighborhood starting from $910. The second greatest value Lexington apartment is the The Haven Model at Lexington Station starting at $1,175 with a $1.36 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
North Point and Hallmark Apartments | TOWNHOME (NORTH POINT) | 2BR,1.5BA | $0.89 |
Lexington Station | The Haven | 2BR,2BA | $1.36 |
The Reserve at Regents Center | The Southport with Balcony | 1BR,1BA | $1.74 |
Fairview Village | 1 Bedroom Garden | 1BR,1BA | $1.46 |
Parkview Apartments | 1 Bedroom | 1BR,1BA | $1.38 |
507 Adams St, Unit C | 507 Adams St | 2BR,1BA | $1.25 |
27 Hege Drive | 1/1 | 1BR,1BA | $1.38 |
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Best Local Schools in Lexington, NC
School data provided by Great Schools
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lexington Apartments
What is the price of a cheap apartment in Lexington?
The cheapest apartment in Lexington is 27 Hege Drive which is listed at $725, while the average apartment in Lexington costs $1,647.
What types of apartments are the cheapest in Lexington?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Lexington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lexington?
Cheap apartments in Lexington have an average cost of $265 which is $1,382 cheaper than the average rent for all rentals in Lexington.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

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.