
Cheap Homes for Rent in Lexington, NC from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.


504A Moore Dr

916 W 5th Ave

102 Booker Ave

606 Carver Dr
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.

1112 Trinity St

221 Bookington Dr

208 S Lexington Dr

2894 Allred Rd

100 Piney Cross 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.

116 Piney Cross Dr
Lexington, NC Local Guide

How much does it cost to rent a home in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington 2 Bedroom Homes for Rent | $1,119 | $895 | $1,400 |
| Lexington 3 Bedroom Homes for Rent | $1,894 | $1,049 | $2,989 |
| Lexington 4 Bedroom Homes for Rent | $2,090 | $1,895 | $2,395 |
Browse Top Homes for Rent in Lexington
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Lexington, NC Local Guide
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Cheapest Neighborhoods for Apartments in Lexington, NC
Pricing Updated: 12/20/2025Current 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 | $1,455 | $700 | 178 |
| Uptown Lexington | $1,670 | $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 |
| Parkview Apartments | 1 Bedroom | 1BR,1BA | $825 |
| Lexington Park Apartments | 1B/1B | 1BR,1BA | $885 |
| Lexington Station | The Retreat | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Lexington, NC
As of December 21, 2025 the best value apartment in the Lexington area is the $1.30 price per square foot 3 Beds, 3 Baths Model at 121-138 Diver Dr in the in the Davidson neighborhood starting from $1,695. The second greatest value Lexington apartment is the NORTH POINT GARDEN - GROUND LEVEL Model at North Point and Hallmark Apartments starting at $875 with a $0.88 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. |
|---|---|---|---|
| 121-138 Diver Dr | 3 Beds, 3 Baths | 3BR,3BA | $1.30 |
| North Point and Hallmark Apartments | NORTH POINT GARDEN - GROUND LEVEL | 2BR,1.5BA | $0.88 |
| Fairview Village | 2 Bedroom Townhouse | 2BR,1.5BA | $1.33 |
| 176 Hardwood Ln, Unit B | 176 Hardwood Ln | 2BR,1BA | $0.78 |
| 211 Butterfly Dr, Unit 211 butterfly dr | 211 Butterfly Dr | 2BR,1BA | $1.11 |
| 154 Ward Curry Rd, Unit 154 | 154 Ward Curry Rd | 2BR,1BA | $1.25 |
| Reserve at Regents Center | The Southport w/Balcony | 1BR,1BA | $1.74 |
| Parkview Apartments | 1 Bedroom | 1BR,1BA | $1.38 |
| 105 Bay Meadow Ct, Unit 105 | 105 Bay Meadow Ct | 1BR,1BA | $1.64 |
| 27 Hege Drive | 1/1 | 1BR,1BA | $1.59 |
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.
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 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 Lexington
What type of rentals are currently available in Lexington?
There are currently 69 Apartments for Rent in Lexington, NC with pricing that ranges from $700 to $1,885. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $895 to $2,989.
What is the current price range for Rental Homes in Lexington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lexington ranges from $895 to $2,989 with an average monthly rent of $1,701.
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.