
Cheap Homes for Rent near Lexington, OH from $650 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.


327 S Main St

821 1/2 Red Oak Trail, Unit 3

1221 1/2-534 1/2 Cleveland Ave

218 Pearl St

616 N Buckeye St
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.

244 Elmwood Dr

114 Hedges St

587 Bailey Dr, Unit Apt 14

275 Cliffbrook Dr

131 Lincoln Ave

51-53-53 Glessner Ave
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.

587 Bailey Dr, Unit 13

1386 Robinhood Ln, Unit 7

1151 Seminole Ave

528 Johns Ave

501 N Main St

629 Cottage St
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.
Lexington, OH Local Guide

How much does it cost to rent a home in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington 2 Bedroom Homes for Rent | $1,292 | $695 | $5,000 |
| Lexington 3 Bedroom Homes for Rent | $1,403 | $900 | $2,350 |
| Lexington 4 Bedroom Homes for Rent | $2,423 | $1,500 | $2,800 |
| Lexington 5 Bedroom Homes for Rent | $1,675 | $1,500 | $1,850 |
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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 1 Bed unit found at Cedargate Apartments priced from $626. Heatherwood Terrace in the Mansfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $649. Here is today’s list of the most affordable Lexington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedargate Apartments | 1x1 522 | 1BR,1BA | $626 |
| Heatherwood Terrace | Studio | Studio,1BA | $649 |
| Buckeye Village Apartments | 4BD | 4BR,4BA | $699 |
| Meadowood | One Bedroom One Bath Apartment | 1BR,1BA | $811 |
| Pleasant View Apartments | 2 Bedroom and 1 Bath | 2BR,1BA | $820 |
Best Value Apartments for Rent in Lexington, OH and Nearby
As of September 07, 2026 the best value apartment in the Lexington area is the $0.63 price per square foot 4 Bedroom Model at Wesley Yard in the starting from $946. The second greatest value Lexington apartment is the 3BD Model at Buckeye Village Apartments starting at $785 with a $0.69 price per square foot in the Mansfield neighborhood. 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. |
|---|---|---|---|
| Wesley Yard | 4 Bedroom | 4BR,2.5BA | $0.63 |
| Buckeye Village Apartments | 3BD | 3BR,3BA | $0.69 |
| Sunset Blvd Apartments | 3BR/1.0BA | 3BR,1BA | $1.00 |
| Park Avenue West Apartments and Townhomes | The Villa | 2BR,1BA | $0.97 |
| Eastside Townhomes | Two Bedroom/1 bathroom | 2BR,1BA | $0.96 |
| Montgomery Crossing | 2 Bedrooms | 2BR,1BA | $1.12 |
| Cedar Wood Apartments | 2x1 | 2BR,1BA | $0.97 |
| Oak Wood Apartments | 2x1 | 2BR,1BA | $0.97 |
| 255 Otterbein Dr, Unit 255 Otterbein | 255 Otterbein Dr | 2BR,1BA | $1.00 |
| Vanover Square Apartments | Williamsburg | 2BR,1BA | $1.09 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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!
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See the most popular apartments and homes in Lexington, OH
Frequently Asked Questions about Lexington
What type of rentals are currently available in Lexington?
There are currently 71 Apartments for Rent in Lexington, OH with pricing that ranges from $388 to $1,995. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $650 to $5,000.
What is the current price range for Rental Homes in Lexington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lexington ranges from $650 to $5,000 with an average monthly rent of $1,424.
How much are larger Three and Four Bedroom Rentals in Lexington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lexington range from $785 to $1,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,350. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $388.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.