
Cheap Apartments for Rent in Lexington, OH from $300 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Lexington.


Cedargate Apartments

Heatherwood Terrace

Cardington Place Apartments

Thistlewood - Mt Gilead

Vanover Square Apartments

Park Avenue West Apartments

Hawthorne Apartments
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.

Stoney Creek Apartments

Colonial Estates

Professional Park Townhomes & Apartments

Cedar Wood Apartments

Eastside Townhomes

Concord Square Apartments

Whetstone Manor

228 E Center st
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.

SUNSET BOULEVARD – COMFORT, CONVENIENCE & LOW-MAINTENANCE LIVING

587 Bailey Dr, Unit 13

Carter Crossing Luxury Apartments

1386 Robinhood Ln, Unit 7

Park Hill Apartments

Arbors of Mt. Vernon

810 Betner Dr

Lakeside Apartments
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.

Fox Hollow Apartments

Ridgewood Senior Villas

Barbara Lane Apartments

Brandywine Appartments - Robinhood

Chelsea Square Apartments

Ridgewood Court

454 Parnell Dr

Community View
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.

501-538 Quail Creek Dr

Oak Wood Apartments

The Reserve at Mt. Gilead- Senior 55+

240 1/2 E Bowman St

133-133 Garden St

457 Woodland Ave

413 1/2 Spink St

147 Ford St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

19 State St

124 W Mark St

20 Seltzer Ave
Lexington, OH Local Guide

How much does it cost to rent an apartment in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington Studio Apartments | $745 | $520 | $915 |
| Lexington 1 Bedroom Apartments | $1,106 | $645 | $1,625 |
| Lexington 2 Bedroom Apartments | $1,258 | $600 | $2,200 |
| Lexington 3 Bedroom Apartments | $1,200 | $645 | $1,500 |
| Lexington 4 Bedroom Apartments | $1,050 | $300 | $1,600 |
Browse Top Apartments in Lexington
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Lexington, OH Local Guide
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Cheapest Available Lexington Apartments for Rent and Nearby
 The cheapest available apartment rental in Lexington, OH is a 4 Beds unit found at Buckeye Village Apartments in the Roseland neighborhood priced from $599. Heatherwood Terrace in the East Mansfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $639. Here is today’s list of the most affordable Lexington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Buckeye Village Apartments | 4BD | 4BR,4BA | $599 |
| Heatherwood Terrace | Efficiency | Studio,1BA | $639 |
| Cedargate Apartments | 1x1 522 | 1BR,1BA | $645 |
| Cardington Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $690 |
| Vanover Square Apartments | Forum | 1BR,1BA | $699 |
| Park Avenue West Apartments | 1x1 | 1BR,1BA | $700 |
| Community View | Studio Apartment | Studio,1BA | $799 |
| Professional Park Townhomes & Apartments | Studio | Studio,1BA | $825 |
| Cedar Wood Apartments | 2x1 | 2BR,1BA | $826 |
| Oak Wood Apartments | 2x1 | 2BR,1BA | $826 |
Best Value Apartments for Rent in Lexington, OH and Nearby
As of May 07, 2026 the best value apartment in the Lexington area is the $1.12 price per square foot Chestnut 60% Model at Union Lofts in the in the Montgomery Township neighborhood starting from $1,121. The second greatest value Lexington apartment is the Two Bedroom Model at Park Hill Apartments starting at $1,215 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Union Lofts | Chestnut 60% | 2BR,1BA | $1.12 |
| Park Hill Apartments | Two Bedroom | 2BR,2BA | $1.23 |
| Eastside Townhomes | Two Bedroom/1 bathroom | 2BR,1BA | $0.96 |
| Cedar Wood Apartments | 2x1 | 2BR,1BA | $0.97 |
| Oak Wood Apartments | 2x1 | 2BR,1BA | $0.97 |
| SUNSET BOULEVARD – COMFORT, CONVENIENCE & LOW-MAINTENANCE LIVING | 2BR/1.0BA | 2BR,1BA | $1.06 |
| Cardington Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $0.92 |
| Park Avenue West Apartments | 1x1 | 1BR,1BA | $1.00 |
| The Annex of Marion | 2 Bed 1 Bath | 2BR,1BA | $1.01 |
| Cedargate Apartments | 1x1 522 | 1BR,1BA | $1.24 |
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.
Best Local Schools in Lexington, OH
Lexington Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lexington, OH Rentals by Map
See the most popular apartments and homes in Lexington, OH
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 Professional Park Townhomes & Apartments and starts from $1,150.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.