
Cheap Homes for Rent in Lexington, NC from $795 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.


208 S Lexington Dr

115 Cox Ave

920 Holt St

501 E Franklin St

916 W 5th Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

603 Robbins St

353 Calvin Sowers Rd, Unit 2

315 Hillcrest Dr, Unit 315 Hillcrest Dr 4

1414 White St

106 N Pugh St

81 Brushy Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

309 Swing Dairy Rd
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 | $1,103 | $795 | $1,400 |
| Lexington 3 Bedroom Homes for Rent | $1,761 | $1,045 | $2,305 |
| Lexington 4 Bedroom Homes for Rent | $2,377 | $1,950 | $2,860 |
| Lexington 5 Bedroom Homes for Rent | $2,540 | $2,540 | $2,540 |
Browse Top Homes for Rent in Lexington
Explore Lexington
Lexington, NC Local Guide
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Cheapest Neighborhoods for Apartments in Lexington, NC
Pricing Updated: 08/26/2026Current apartment rentals in the Lexington, NC area range in price from $500 to $3,995 with an overall median price of $1,832. Here is today’s list neighborhoods with the lowest median pricing for Lexington Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Uptown Lexington | $1,150 | $995 | 4 |
| Davidson | $1,850 | $500 | 153 |
Cheapest Available Lexington Apartments for Rent
 The cheapest available apartment rental in Lexington, NC is a 1 Bed unit found at Lexington Park Apartments in the Davidson neighborhood priced from $920. 205 E First Street Apartments in the Davidson neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here is today’s list of the most affordable Lexington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lexington Park Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $920 |
| 205 E First Street Apartments | Two-Bedrooms | 2BR,1BA | $995 |
| 27 Hege Drive | 2/1 | 2BR,1BA | $995 |
| Fairview Village | 1 Bedroom Garden | 1BR,1BA | $1,025 |
| Lexington Station | The Retreat | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Lexington, NC
As of August 26, 2026 the best value apartment in the Lexington area is the $1.45 price per square foot Lexington Model at 309-311 W 3rd Ave in the in the Davidson neighborhood starting from $1,350. The second greatest value Lexington apartment is the 3420 Becks Church Rd Model at 3420 Becks Church Rd, Unit 3420 Becks Church Rd starting at $1,200 with a $1.33 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. |
|---|---|---|---|
| 309-311 W 3rd Ave | Lexington | 2BR,1BA | $1.45 |
| 3420 Becks Church Rd, Unit 3420 Becks Church Rd | 3420 Becks Church Rd | 2BR,1BA | $1.33 |
| Reserve at Regents Center | The Norman | 1BR,1BA | $1.46 |
| 205 E First Street Apartments | Two-Bedrooms | 2BR,1BA | $1.42 |
| Fairview Village | 1 Bedroom Garden | 1BR,1BA | $1.50 |
| 27 Hege Drive | 2/1 | 2BR,1BA | $1.59 |
| The Dunbar | Studio | Studio ,1BA | $1.75 |
| Lexington Park Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $1.52 |
| Lexington Station | The Retreat | 1BR,1BA | $2.02 |
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 ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Lexington, NC
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 71 Apartments for Rent in Lexington, NC with pricing that ranges from $875 to $1,899. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $795 to $2,860.
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 $795 to $2,860 with an average monthly rent of $1,515.
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

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.

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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.