
Cheap Homes for Rent in Lexington, OK from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.


401 12th Ave SE

1014 N 5th St

2336 Heatherfield
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.

2336 Heatherfield Ln

2329 Heatherfield Ln

822 Cardinal Creek Blvd

400 W Madison 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.

823 Cardinal Creek Blvd
Lexington, OK 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 | $1,308 | $975 | $2,745 |
| Lexington 3 Bedroom Homes for Rent | $1,797 | $1,350 | $2,500 |
| Lexington 4 Bedroom Homes for Rent | $2,159 | $1,495 | $2,600 |
Browse Top Homes for Rent in Lexington
Explore Lexington
Lexington, OK Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Willowbrook Apartments in the Outer Norman neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $793. 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 |
| Willowbrook Apartments | One Bedroom | 1BR,1BA | $793 |
| The Landing On 9 | A1 – Gold Select | 1BR,1BA | $795 |
Best Value Apartments for Rent in Lexington, OK and Nearby
As of May 30, 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 |
| Scotsdale Terrace | Two Bed two bath flat | 2BR,2BA | $0.98 |
| Sterling Park Apartments | C2 Flat | 2BR,1.5BA | $1.03 |
| Beaumont Crossing | 2+2 DOWN | 2BR,2BA | $1.14 |
| Willowbrook Apartments | One Bedroom | 1BR,1BA | $0.99 |
| Rose Rock Cottages | 1x1 | 1BR,1BA | $1.10 |
| Emerald Greens | One Bedroom One Bathroom | 1BR,1BA | $1.19 |
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 Lexington
What type of rentals are currently available in Lexington?
There are currently 47 Apartments for Rent in Lexington, OK with pricing that ranges from $494 to $2,655. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $835 to $2,745.
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 $835 to $2,745 with an average monthly rent of $1,715.
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 $524 to $2,655, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $494.
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

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.

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.