
Cheap Homes for Rent in Lexington, OK from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.


108 W Beech St

327 SE 2nd St

112 W Beech St

401 12th Ave SE

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

102 E Broadway St

904 W Grant St

1417 Concord Dr

313 Owens St

116 Owens 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.

511 S 7th St
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 | $1,174 | $825 | $2,745 |
| Lexington 3 Bedroom Homes for Rent | $1,743 | $1,050 | $3,500 |
| Lexington 4 Bedroom Homes for Rent | $2,235 | $1,775 | $3,000 |
Browse Top Homes for Rent in Lexington
Explore Lexington
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. 715 Monnett in the Outer Norman neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $700. 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 |
| 715 Monnett | 3-bed patio home at Monnett | 3BR,3BA | $700 |
| Willowbrook Apartments | One Bedroom | 1BR,1BA | $793 |
| Emerald Greens | One Bedroom One Bathroom | 1BR,1BA | $800 |
| Stoneridge Apartments | Quartz 0x1L | Studio,1BA | $810 |
Best Value Apartments for Rent in Lexington, OK and Nearby
As of July 17, 2026 the best value apartment in the Lexington area is the $0.48 price per square foot 4BR/4BA Model at Millennium Norman in the in the Outer Norman neighborhood starting from $669. The second greatest value Lexington apartment is the 3-bed patio home at Monnett Model at 715 Monnett starting at $700 with a $0.53 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. |
|---|---|---|---|
| Millennium Norman | 4BR/4BA | 4BR,4BA | $0.48 |
| 715 Monnett | 3-bed patio home at Monnett | 3BR,3BA | $0.53 |
| The Flats at Norman | 3BR/3BA | 3BR,3BA | $0.68 |
| Diamond Crest Townhomes | 2 Bedroom Townhome | 2BR,1.5BA | $1.00 |
| Scotsdale Terrace | Two Bed two bath flat | 2BR,2BA | $0.98 |
| 12th and Renaissance | 2Bed/2Bath TC | 2BR,2BA | $1.17 |
| 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 |
| 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!
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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 49 Apartments for Rent in Lexington, OK with pricing that ranges from $494 to $2,581. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $825 to $3,500.
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 $825 to $3,500 with an average monthly rent of $1,650.
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 $1,418, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,775 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.