Cheap Apartments for Rent in Lexington, OH from $300 (43 Rentals)

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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.

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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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

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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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
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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

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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Oak Wood Apartments
2 to 3 Bedroom Apartments

Oak Wood Apartments

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

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.

Lexington, OH Local Guide

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 ListingModel NameBed/BathPriced From
Buckeye Village Apartments4BD4BR,4BA$599
Heatherwood TerraceEfficiencyStudio,1BA$639
Cedargate Apartments1x1 5221BR,1BA$645
Cardington Place Apartments1 Bed, 1 bath1BR,1BA$690
Vanover Square ApartmentsForum1BR,1BA$699
Park Avenue West Apartments1x11BR,1BA$700
Community ViewStudio ApartmentStudio,1BA$799
Professional Park Townhomes & ApartmentsStudioStudio,1BA$825
Cedar Wood Apartments2x12BR,1BA$826
Oak Wood Apartments2x12BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Union LoftsChestnut 60%2BR,1BA$1.12
Park Hill ApartmentsTwo Bedroom2BR,2BA$1.23
Eastside TownhomesTwo Bedroom/1 bathroom2BR,1BA$0.96
Cedar Wood Apartments2x12BR,1BA$0.97
Oak Wood Apartments2x12BR,1BA$0.97
SUNSET BOULEVARD – COMFORT, CONVENIENCE & LOW-MAINTENANCE LIVING2BR/1.0BA2BR,1BA$1.06
Cardington Place Apartments1 Bed, 1 bath1BR,1BA$0.92
Park Avenue West Apartments1x11BR,1BA$1.00
The Annex of Marion2 Bed 1 Bath2BR,1BA$1.01
Cedargate Apartments1x1 5221BR,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.

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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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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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.

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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.