Cheap Apartments for Rent in Lexington, OH from $400 (23 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
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Lakeside Apartments
1 to 2 Bedroom Apartments

Lakeside Apartments

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

Fox Hollow Apartments

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

Ridgewood Senior Villas

1065 E Beal AveBucyrus, OH 44820
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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
810 Betner Dr1 Bed, 1 Bath1BR,1BA$700
Barbara Lane ApartmentsOne Bedroom1BR,1BA$725
Park Avenue West Apartments1x11BR,1BA$725

Best Value Apartments for Rent in Lexington, OH and Nearby

As of October 28, 2025 the best value apartment in the Lexington area is the $1.21 price per square foot The Oak Model at Fox Chase in the starting from $1,223. The second greatest value Lexington apartment is the 2 BR Model at The Voegele Historic Lofts starting at $975 with a $0.98 price per square foot in the Roseland neighborhood. 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.
Fox ChaseThe Oak2BR,2BA$1.21
The Voegele Historic Lofts2 BR2BR,1BA$0.98
Whetstone ManorThree Bedroom3BR,2BA$1.03
Ridgewood CourtOne Bedroom1BR,1BA$0.85
Cedar Wood Apartments2x12BR,1BA$0.97
Oak Wood Apartments2 Bedroom A2BR,1BA$0.97
810 Betner Dr1 Bed, 1 Bath1BR,1BA$0.88
Stoney Creek Apartments2 Bedroom2BR,1BA$1.10
Park Avenue West Apartments1x11BR,1BA$1.04
The Annex of Marion2 Bed 1 Bath2BR,1BA$1.01

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Location, Location, Location!

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Getting Around Lexington, OH

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $700 at 810 Betner Dr.

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 $826 at Cedar Wood 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 $950.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.