Cheap Apartments for Rent in Lexington, NC from $300 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Lexington.

The Reserve at Regents Center

North Point and Hallmark Apartments

Lexington Park Apartments

Lexington Station

Parkview Apartments

27 Hege Drive
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 | $1,150 | $745 | $1,455 |
Cheap Lexington 2 Bedroom Apartments | $1,318 | $825 | $1,885 |
Cheap Lexington 3 Bedroom Apartments | $1,703 | $1,575 | $1,885 |
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Lexington, NC Local Guide
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Cheapest Neighborhoods for Apartments in Lexington, NC
Pricing Updated: 06/27/2025Current 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 | $3,099 | $650 | 126 |
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. Lexington Station in the Davidson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. 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 | $725 |
Lexington Station | The Retreat | 1BR,1BA | $1,050 |
The Reserve at Regents Center | The Norman | 1BR,1BA | $1,145 |
Best Value Apartments for Rent in Lexington, NC
As of June 27, 2025 the best value apartment in the Lexington area is the $1.81 price per square foot The Southport with Balcony Model at The Reserve at Regents Center in the in the Davidson neighborhood starting from $1,395. The second greatest value Lexington apartment is the 1/1 Model at 27 Hege Drive starting at $725 with a $1.38 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. |
---|---|---|---|
The Reserve at Regents Center | The Southport with Balcony | 1BR,1BA | $1.81 |
27 Hege Drive | 1/1 | 1BR,1BA | $1.38 |
Lexington Station | The Retreat | 1BR,1BA | $2.02 |
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Best Local Schools in Lexington, NC
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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
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 $1,175 at Lexington Station.
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.

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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.