Cheap Homes for Rent in the Davidson Neighborhood of Lexington, NC from $475 (31 Rentals)

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

property at 216 Church St
$695

Total Monthly Price

Base Rent$695
Total Monthly Price$695
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

216 Church St, Unit 1

216 Church St
ThomasvilleNC27360

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property at 1119 Grady St
$1,000

Total Monthly Price

Base Rent$1,000
Total Monthly Price$1,000
2 Bedroom, 1 Bath Home for Rent
Available Now

1119 Grady St

SalisburyNC28144
property at 4630 S Main St
$1,049
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

4630 S Main St

Winston-SalemNC27127

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-31, Page 1 of 1

Davidson, Lexington, NC Local Guide

Cheapest Available Davidson Apartments for Rent

 

The cheapest available apartment rental in the Davidson area of Lexington, NC is a 2 Beds unit found at 150 MLK priced from $875. The Reserve on Main Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Davidson apartments for rent in Lexington, NC:

Apartment ListingModel NameBed/BathPriced From
150 MLK2BR/1.0BA2BR,1BA$875
The Reserve on Main Street1 Bed/1 Bath1BR,1BA$899
Mason Manor Apartments1BRb1BR,1BA$899
Southgate Gardens1 Bed 1 Bath1BR,1BA$915
Lexington Park ApartmentsCozy One Bedroom Apartment Home1BR,1BA$920
306 N Jackson Street1BR/1.0BA1BR,1BA$950
Hawk Ridge ApartmentsOne Bedroom One Bath1BR,1BA$950
530 Park Ave1-Bedroom1BR,1BA$950
3010 Ingleside Dr2 Beds, 1 Baths2BR,1BA$965
The Summit Apartments2 Beds, 1.5 Baths2BR,1BA$975

Best Value Apartments for Rent in Davidson, NC

As of September 05, 2026 the best value apartment in the Davidson area is the $1.06 price per square foot Blossom Model at Wallburg Landing in the in the Southeast Winston Salem neighborhood starting from $1,553. The second greatest value Davidson apartment is the Aspen-Three bedroom One Bathroom 1,212 sqf Model at Pearl at High Point starting at $1,449 with a $1.20 price per square foot in the Westover Park 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.
Wallburg LandingBlossom3BR,2BA$1.06
Pearl at High PointAspen-Three bedroom One Bathroom 1,212 sqf3BR,1BA$1.20
Clemmons Village Apartments2B Flat Semi-Classic2BR,1BA$1.21
108 Sherman StThree Bedroom3BR,1BA$1.00
Holly Hill Townhomes2 BED 1.5 BATH2BR,1.5BA$1.20
Willow WoodsTWO BEDROOM2BR,1.5BA$1.22
150 MLK2BR/1.0BA2BR,1BA$0.95
729 Fisher Ferry St2 Beds, 1 Baths2BR,1BA$1.08
Westchester Key Apartments2BR - 1BTH2BR,1BA$1.17
Creekside at Kennedy Mill2 Bed/1.5 Bath2BR,1.5BA$1.13

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
Davidson, Lexington, NC

Ranked #1

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Davidson, Lexington, NC

School data provided by Great Schools

Frequently Asked Questions about Davidson

What type of rentals are currently available in Davidson?

There are currently 242 Apartments for Rent in Davidson, NC with pricing that ranges from $775 to $2,100. There are also 236 Single Family Homes for rent, Condos, and Townhome rentals currently available in Davidson ranging from $475 to $3,395.

What is the current price range for Rental Homes in Davidson?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Davidson ranges from $475 to $3,395 with an average monthly rent of $1,726.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.