
Cheap Apartments for Rent in Lexington, NC from $300 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Lexington.


27 Hege Drive

Total Monthly Price
Lexington Park Apartments

312-314 Spruce St

Fairview Village

301 Williamson St

30 E 4th St

Lexington Station
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.

Reserve at Regents Center

Total Monthly Price
3420 Becks Church Rd, Unit 3420 Becks Church Rd, Unit 3420 Becks Church Rd

Hilltop Terrace

Jackson Square

Meadow Creek Apartments

Parkview Apartments

205 E First Street Apartments

224 Pinecrest Dr
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.

Raeford Avenue Apartments

108 Mendota Ave

1013 Eleanor Dr

304 W 8th Ave

368 Reedy Fork Dr

201 Pinecrest Dr

501 E Franklin St

601 Huger St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Lexington, NC Local Guide

How much does it cost to rent an apartment in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lexington 1 Bedroom Apartments | $1,157 | $825 | $1,355 |
| Cheap Lexington 2 Bedroom Apartments | $1,276 | $800 | $1,618 |
| Cheap Lexington 3 Bedroom Apartments | $1,642 | $1,250 | $2,000 |
Browse Top Apartments in Lexington
See all Apartments in LexingtonExplore Lexington
Lexington, NC Local Guide
- Lexington Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lexington, NC
Pricing Updated: 04/09/2026Current 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 | $1,561 | $800 | 182 |
| Uptown Lexington | $1,717 | $800 | 50 |
Cheapest Available Lexington Apartments for Rent
 The cheapest available apartment rental in Lexington, NC is a 2 Beds unit found at North Point and Hallmark Apartments in the Davidson neighborhood priced from $800. 27 Hege Drive 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 |
|---|---|---|---|
| North Point and Hallmark Apartments | HALLMARK TOWNHOME | 2BR,1BA | $800 |
| 27 Hege Drive | 1/1 | 1BR,1BA | $825 |
| Lexington Park Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $920 |
| 30 E 4th St | 32 East 4th | 2BR,1BA | $1,100 |
| Lexington Station | The Retreat | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Lexington, NC
As of April 09, 2026 the best value apartment in the Lexington area is the $1.25 price per square foot 415 Ford St Model at 415 Ford St, Unit 415 B in the in the Davidson neighborhood starting from $2,000. The second greatest value Lexington apartment is the TOWNHOME (NORTH POINT) Model at North Point and Hallmark Apartments starting at $920 with a $0.90 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. |
|---|---|---|---|
| 415 Ford St, Unit 415 B | 415 Ford St | 3BR,2.5BA | $1.25 |
| North Point and Hallmark Apartments | TOWNHOME (NORTH POINT) | 2BR,1.5BA | $0.90 |
| Fairview Village | 2 Bedroom Townhouse | 2BR,1.5BA | $1.28 |
| 3420 Becks Church Rd, Unit 3420 Becks Church Rd | 3420 Becks Church Rd | 2BR,1BA | $1.33 |
| 30 E 4th St | 32 East 4th | 2BR,1BA | $1.38 |
| Reserve at Regents Center | The Southport w/Balcony | 1BR,1BA | $1.63 |
| Lexington Park Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $1.52 |
| 27 Hege Drive | 1/1 | 1BR,1BA | $1.59 |
| Lexington Station | The Retreat | 1BR,1BA | $2.12 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Lexington, NC
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lexington, NC Rentals by Map
See the most popular apartments and homes in Lexington, NC
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 $825 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 $800 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 30 E 4th St and starts from $1,200.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.