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.

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Hilltop Terrace
Studio to 2 Bedroom Apartments

Hilltop Terrace

111 N Carolina AveLexington, NC 27292
Senior Living
  • Utilities Included
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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
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The Club Apartments
1 to 4 Bedroom Apartments

The Club Apartments

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

309-311 W 3rd Ave

309-311 W 3rd AveLexington, NC 27292
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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: 06/27/2025

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$3,099$650126

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 ListingModel NameBed/BathPriced From
27 Hege Drive1/11BR,1BA$725
Lexington StationThe Retreat1BR,1BA$1,050
The Reserve at Regents CenterThe Norman1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Reserve at Regents CenterThe Southport with Balcony1BR,1BA$1.81
27 Hege Drive1/11BR,1BA$1.38
Lexington StationThe Retreat1BR,1BA$2.02

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

Explore Lexington, NC Rentals by Map

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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 $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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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

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.

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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.

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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.