Cheap Apartments for Rent in the Davidson Neighborhood of Lexington, NC from $300 (19 Rentals)

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

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Hilltop Terrace
Studio to 2 Bedroom Apartments

Hilltop Terrace

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

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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Jackson Square
1 to 3 Bedroom Apartments

Jackson Square

100 Jackson Square DrLexington, NC 27295

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.

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Hillsborough
2 Bedroom Apartments

Hillsborough

3350-3360 S Stratford RdWinston-Salem, NC 27103
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Big Chair Lofts
1 to 2 Bedroom Apartments

Big Chair Lofts

14 E Guilford StThomasville, NC 27360
  • Utilities Included
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East Winds Apartments
1 to 2 Bedroom Apartments

East Winds Apartments

420 N Boundary StSalisbury, NC 28144
Senior Living
  • Utilities Included

Cheapest Available Davidson Apartments for Rent

 

The cheapest available apartment rental in the Davidson area of Lexington, NC is a 1 Bed unit found at 27 Hege Drive priced from $725. Wiley School Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Davidson apartments for rent in Lexington, NC:

Apartment ListingModel NameBed/BathPriced From
27 Hege Drive1/11BR,1BA$725
Wiley School Apartments1 BR 1BA1BR,1BA$750
Lexington Park Apartments2B/1B1BR,1BA$849
Westchester Key Apartments1 Bedroom 1 Bath1BR,1BA$890
The Reserve on Main StreetWelcome to The Reserve on Main Street - 1 Bed |...1BR,1BA$949

Best Value Apartments for Rent in Davidson, NC

As of June 17, 2025 the best value apartment in the Davidson area is the $1.03 price per square foot 116 E Council St Model at 116 E Council St, Unit B in the in the Davidson neighborhood starting from $1,950. The second greatest value Davidson apartment is the 3 bdrm/2 bath B Model at Brannigan Village starting at $1,579 with a $1.10 price per square foot in the Southeast Winston Salem neighborhood. Here is today’s list of the best values for Davidson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
116 E Council St, Unit B116 E Council St2BR,2BA$1.03
Brannigan Village3 bdrm/2 bath B3BR,2BA$1.10
Clemmons Village Apartments2B Flat Semi-Classic2BR,1BA$1.10
Southgate Gardens2 Bed 1 Bath Townhome2BR,1.5BA$1.03
Forest Village3 Bedroom 1 Bathroom3BR,1BA$1.21
Holly Hill Townhomes2 BED 1.5 BATH2BR,1.5BA$1.18
Lexington Park Apartments1B/1B1BR,1BA$0.94
Creekside at Kennedy Mill2 Bed 1.5 Bath2BR,1.5BA$1.19
400 Boundary Es N St, Unit APT C400 Boundary Es N St1BR,1BA$0.82
Wiley School Apartments1 BR 1BA1BR,1BA$1.14

Getting Around the Davidson Neighborhood in Lexington, NC

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

27 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Davidson Apartments

What is the price of a cheap apartment in Davidson?

The cheapest apartment in Davidson is 27 Hege Drive which is listed at $725, while the average apartment in Davidson costs $2,702.

What types of apartments are the cheapest in Davidson?

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 10 regular apartments in Davidson 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 Davidson?

Cheap apartments in Davidson have an average cost of $225 which is $2,477 cheaper than the average rent for all rentals in Davidson.

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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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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.