Cheap Apartments for Rent in Lexington, OH from $300 (47 Rentals)

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

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Mansfield Homes VI
3 to 4 Bedroom Apartments

Mansfield Homes VI

291 Lakewood DrLexington, OH 44904

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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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.

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247 Otterbein Dr, Unit 247
$1,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000
2 Bedroom Apartment Available Aug 22

247 Otterbein Dr, Unit 247

247 Otterbein DrMansfield, OH 44904
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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810 Betner Dr
1 to 2 Bedroom Apartments

810 Betner Dr

810 Betner DrMansfield, OH 44907
  • Utilities Included
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Lakeside Apartments
1 to 2 Bedroom Apartments

Lakeside Apartments

2755 Lexington AveMansfield, OH 44904
  • Utilities Included
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Fox Hollow Apartments
1 to 2 Bedroom Apartments

Fox Hollow Apartments

291 Lakewood RdMansfield, OH 44904
  • Utilities Included
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Ridgewood Senior Villas
2 Bedroom Apartments

Ridgewood Senior Villas

1065 E Beal AveBucyrus, OH 44820
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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Ridgewood Court
1 Bedroom Apartments

Ridgewood Court

1140-1162 N Market StGalion, OH 44833
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Community View
Studio to 1 Bedroom Apartments

Community View

1250 Crescent Heights RdMarion, OH 43302
Senior Living
  • Utilities Included
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Oak Wood Apartments
2 to 3 Bedroom Apartments

Oak Wood Apartments

279-335 Castor RdMansfield, OH 44904
Corporate Housing
  • Utilities Included

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.

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Showing Results 1-47, Page 1 of 1

Lexington, OH Local Guide

Cheapest Available Lexington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lexington, OH is a Studio unit found at Heatherwood Terrace in the East Mansfield neighborhood priced from $599. Buckeye Village Apartments in the Roseland neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $599. Here is today’s list of the most affordable Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heatherwood TerraceEfficiencyStudio,1BA$599
Buckeye Village Apartments4BD4BR,4BA$599
Cedargate Apartments1x1 5221BR,1BA$645
Park Avenue West Apartments1x11BR,1BA$700
Cardington Place Apartments2 Beds, 1 bath2BR,1BA$725
501-538 Quail Creek Dr2 Beds, 1.5 baths2BR,1BA$825
Professional Park Townhomes & ApartmentsStudioStudio,1BA$825
Cedar Wood Apartments2x12BR,1BA$826
Eastside TownhomesTwo Bedroom/1 bathroom2BR,1BA$845
228 E Center st228 E Center1BR,1BA$880

Best Value Apartments for Rent in Lexington, OH and Nearby

As of June 21, 2026 the best value apartment in the Lexington area is the $0.57 price per square foot 3BD Model at Buckeye Village Apartments in the in the Roseland neighborhood starting from $645. The second greatest value Lexington apartment is the The Oak Model at Fox Chase starting at $1,243 with a $1.23 price per square foot . Here is today’s list of the best values for Lexington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Buckeye Village Apartments3BD3BR,3BA$0.57
Fox ChaseThe Oak2BR,2BA$1.23
Cardington Place Apartments2 Beds, 1 bath2BR,1BA$0.73
Union Lofts80-Chestnu2BR,1BA$1.20
Whetstone ManorThree Bedroom3BR,2BA$1.05
Eastside TownhomesTwo Bedroom/1 bathroom2BR,1BA$0.96
Cedar Wood Apartments2x12BR,1BA$0.97
501-538 Quail Creek Dr1 Bed, 1 bath1BR,1BA$1.10
Park Avenue West Apartments1x11BR,1BA$1.00
The Annex of Marion2 Bed 1 Bath2BR,1BA$1.01

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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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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Frequently Asked Questions about Cheap Lexington Apartments

How much is rent for a Cheap One Bedroom Lexington Apartment?

The lowest price for a Cheap One Bedroom Lexington Apartment is $645 at Cedargate Apartments.

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 $725 at Cardington Place Apartments.

What is the most affordable Lexington Three Bedroom Apartment?

The best deal on a cheap Lexington Three Bedroom Apartment rental is at Whetstone Manor and starts from $970.

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 Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.