
Cheap Apartments for Rent near Lexington, NY from $300 (64 Rentals)
Search the lowest-cost Apartments available for rent right now in Lexington.


Ulster Gardens

72 Academy St

Golden Hill

11 Broadway

Mountain View Apartments

Lodges at Cairo

1253 NY-214

Heritage Pointe - 55+ Senior Community

Liberty Manor Apartments
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.

Colonial Country Estates

Barrel Factory Apartments

Dutch Village Apartments

Skytop Village Apartments

Partridge Gardens

Emerald Pond Estates

30 Black Creek

Joslen Commons Apartments

Woodland Country Apartments

Chestnut Mansion LLC
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.

Windsor Court Apartments

7 Jackson Hill Rd

CoveView Apartments

Lakeshore Preserve

Royal Ledges at Hyde Park

Waterfront at the Strand

Saugerties Cove View Apartment Homes

Royal Gardens at Kingston

Stony Run at the Stockade Apartments

Farmhouse Commons
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Orchard Hills

Elm Estates

Adams Station Apartments

Mansions at Delmar, an Eagle Rock Community

Locust View

Oakwood Apartments

Kendall Square Apartments

The Spinney at Van Dyke

Bella Terra Place

Trail Link Collective
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.

Park Place at Glenmont Square, LLC

The Residence at Wemple Road

Summit on the Hudson

Palatine Manor

Oakbrook Manor LLC

3630 Rte 67

Hammerstone Village Apartments

Southside Terrace Apartments

Valley View Garden Apartments

Barmann Avenue Apartments
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.
Lexington, NY Local Guide

How much does it cost to rent an apartment in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington Studio Apartments | $1,288 | $1,080 | $1,475 |
| Lexington 1 Bedroom Apartments | $1,729 | $389 | $2,745 |
| Lexington 2 Bedroom Apartments | $2,013 | $594 | $3,029 |
| Lexington 3 Bedroom Apartments | $2,597 | $1,118 | $3,575 |
Browse Top Apartments in Lexington
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Lexington, NY Local Guide
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Cheapest Available Lexington Apartments for Rent and Nearby
 The cheapest available apartment rental in Lexington, NY is a 1 Bed unit found at Ellenville Senior Apartments 55+ priced from $389. 72 Academy St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Lexington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ellenville Senior Apartments 55+ | ESH | 1BR,1BA | $389 |
| 72 Academy St | 5d | 1BR,1BA | $950 |
| Golden Hill | 1 Bedroom (SENIOR 62+) | 1BR,1BA | $977 |
| 11 Broadway | 11 Broadway-Unit 23 | Studio,1BA | $1,080 |
| Lodges at Cairo | Studio | Studio,1BA | $1,100 |
| Mountain View Apartments | 1×1 First Floor | 1BR,1BA | $1,200 |
| Liberty Manor Apartments | 1×1 | 1BR,1BA | $1,300 |
| Colonial Country Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,350 |
| Dutch Village Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,400 |
| Barrel Factory Apartments | S1 | Studio,1BA | $1,400 |
Best Value Apartments for Rent in Lexington, NY and Nearby
As of August 20, 2026 the best value apartment in the Lexington area is the $1.16 price per square foot 2 BD 2.5 BTH T HOUSE Model at Elm Estates in the starting from $2,150. The second greatest value Lexington apartment is the 2BR/2.0BA Model at Locust View starting at $1,900 with a $1.48 price per square foot . 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. |
|---|---|---|---|
| Elm Estates | 2 BD 2.5 BTH T HOUSE | 2BR,2.5BA | $1.16 |
| Locust View | 2BR/2.0BA | 2BR,2BA | $1.48 |
| Chestnut Mansion LLC | 2 Bed 1 Bath | 2BR,2BA | $1.74 |
| 72 Academy St | 5d | 1BR,1BA | $1.00 |
| Waterfront at the Strand | B01 | 2BR,1BA | $2.04 |
| Adams Station Apartments | Devonshire | 1BR,1BA | $2.02 |
| Liberty Manor Apartments | 1×1 | 1BR,1BA | $1.58 |
| Skytop Village Apartments | One Bedroom Skytop I | 1BR,1BA | $1.86 |
| Dutch Village Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.97 |
| Ellenville Senior Apartments 55+ | ESH | 1BR,1BA | $0.56 |
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
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lexington, NY Rentals by Map
See the most popular apartments and homes in Lexington, NY
Frequently Asked Questions about Cheap Lexington Apartments
What is the Cheapest Studio apartment in Lexington?
Currently the most affordable Cheap Studio Apartment in Lexington is at 11 Broadway listed at $1,080.
How much is rent for a Cheap One Bedroom Lexington Apartment?
The lowest price for a Cheap One Bedroom Lexington Apartment is $389 at Ellenville Senior Apartments 55+.
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 $1,400 at Liberty Manor Apartments.
What is the most affordable Lexington Three Bedroom Apartment?
The best deal on a cheap Lexington Three Bedroom Apartment rental is at Colonial Country Estates and starts from $1,650.
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.