
Cheap Apartments for Rent in Lexington, OK from $300 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Lexington.


Norman Apartments

Willowbrook Apartments

The Landing On 9

Emerald Greens

Halray Townhomes

Stoneridge Apartments

Brandywine Gardens 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.

Brentwood Pointe Apartments

Total Monthly Price
Bocage Senior Living

Rose Rock Cottages

Landry Apartment Homes

Alameda Pointe

The Links at Norman

The Greens at Norman
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.

Avalon

Beaumont Crossing

Scotsdale Terrace

CrownRidge Apartments

Brookstone Cottages

Twin Creek Village

401 W Polk St

501 W Taylor St
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.

1401 North 8th Street

Purcell Park Apartments

Barkley Townhouse Apartments

Sterling Park Apartments

401 SE 12th Ave

Forest Pointe Apartments

Stratford Square Apartments

University Falls Apartments
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.

401 12th Ave SE

1014 N 5th St

2336 Heatherfield

2336 Heatherfield Ln

12th and Renaissance

Post Oak Apartments

1417 Concord Dr

823 Cardinal Creek Blvd
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.

400 W Madison St
Lexington, OK Local Guide

How much does it cost to rent an apartment in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington Studio Apartments | $845 | $810 | $860 |
| Lexington 1 Bedroom Apartments | $1,035 | $705 | $2,011 |
| Lexington 2 Bedroom Apartments | $1,157 | $800 | $2,581 |
| Lexington 3 Bedroom Apartments | $1,431 | $524 | $2,655 |
| Lexington 4 Bedroom Apartments | $758 | $494 | $1,700 |
Browse Top Apartments in Lexington
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Lexington, OK Local Guide
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Cheapest Available Lexington Apartments for Rent and Nearby
 The cheapest available apartment rental in Lexington, OK is a 5 Beds unit found at Millennium Norman in the Outer Norman neighborhood priced from $639. Sterling Park Apartments in the Outer Norman neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $785. Here is today’s list of the most affordable Lexington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Millennium Norman | 5BR/5BA - Elite | 5BR,5BA | $639 |
| Sterling Park Apartments | A1 | 1BR,1BA | $785 |
| Willowbrook Apartments | One Bedroom | 1BR,1BA | $793 |
| The Landing On 9 | A1 – Gold Select | 1BR,1BA | $795 |
| Emerald Greens | One Bedroom One Bathroom | 1BR,1BA | $800 |
| Stoneridge Apartments | Quartz 0x1L | Studio,1BA | $810 |
| Essex Square | 2 bedroom | 2BR,1BA | $845 |
| Hampton Woods | 1 Bed 1 Bath Updated | 1BR,1BA | $849 |
| Landry Apartment Homes | 1BR/1.0BA | 1BR,1BA | $865 |
| Alameda Pointe | B1 Silver W/D Hookups | 2BR,1BA | $899 |
Best Value Apartments for Rent in Lexington, OK and Nearby
As of June 13, 2026 the best value apartment in the Lexington area is the $0.37 price per square foot 4BR/4BA - Platinum Model at Montara Park in the in the Outer Norman neighborhood starting from $597. The second greatest value Lexington apartment is the 4BR/4BA Model at Millennium Norman starting at $669 with a $0.48 price per square foot in the Outer Norman 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. |
|---|---|---|---|
| Montara Park | 4BR/4BA - Platinum | 4BR,4BA | $0.37 |
| Millennium Norman | 4BR/4BA | 4BR,4BA | $0.48 |
| The Flats at Norman | 3BR/3BA | 3BR,3BA | $0.72 |
| Diamond Crest Townhomes | 2 Bedroom Townhome | 2BR,1.5BA | $1.00 |
| CrownRidge Apartments | 3x2 | 3BR,2BA | $1.11 |
| Scotsdale Terrace | Two Bed two bath flat | 2BR,2BA | $0.98 |
| Beaumont Crossing | 2+2 DOWN | 2BR,2BA | $1.14 |
| Essex Square | 2 bedroom | 2BR,1BA | $0.99 |
| Willowbrook Apartments | One Bedroom | 1BR,1BA | $0.99 |
| Sterling Park Apartments | A1 | 1BR,1BA | $1.05 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lexington, OK Rentals by Map
See the most popular apartments and homes in Lexington, OK
Frequently Asked Questions about Cheap Lexington Apartments
What is the Cheapest Studio apartment in Lexington?
Currently the most affordable Cheap Studio Apartment in Lexington is at Stoneridge Apartments listed at $810.
How much is rent for a Cheap One Bedroom Lexington Apartment?
The lowest price for a Cheap One Bedroom Lexington Apartment is $785 at Sterling Park 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 $845 at Essex Square.
What is the most affordable Lexington Three Bedroom Apartment?
The best deal on a cheap Lexington Three Bedroom Apartment rental is at CrownRidge Apartments and starts from $1,205.
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

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.

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.

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
