
Cheap Apartments for Rent in Lexington, OR from $700 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Lexington.


Village at Grandridge

Highlander Apartments

Westgate Apartment Homes

Copper Mountain

Copper Ridge

Crown Village

953 S Keller St
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.

On the Boulevard

The Falls on 24th

Orchard Hills

Discover Clearwater Lofts!

Port View Apartments

Clearwater Bay Apartments

Badger Canyon

Wildflower
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.

Kamden Court

Bella Vista Apartments

Lakeside Apartments

La Serena at Hansen Park

Townhouse Villa

Total Monthly Price
Crosspointe

Total Monthly Price
Villas at Meadow Springs

Tidewater Communities
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.

Total Monthly Price
Grandridge Place

Quail Springs

Skyline Apartments, LLC

127 SW Emigrant Ave

South Hill Commons

VINTAGE AT RICHLAND

1906 SE Byers Pl

409 NE 37th St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

812 SW 8th St

617 1/2 NW 3rd St

930 SE 2nd St

1650 W Sunland Ave

824 SW 7th St

Irving Place Apartments

119 SE 9th St

225 NW 12th St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

760 SW 28th St

1308 Biggs St

24520 S Oak St

1167 Bickleton Hwy
Lexington, OR Local Guide

How much does it cost to rent an apartment in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington Studio Apartments | $1,312 | $875 | $1,930 |
| Lexington 1 Bedroom Apartments | $1,571 | $999 | $2,658 |
| Lexington 2 Bedroom Apartments | $1,886 | $1,195 | $3,321 |
| Lexington 3 Bedroom Apartments | $2,033 | $1,542 | $2,474 |
| Lexington 4 Bedroom Apartments | $2,036 | $1,717 | $2,355 |
Browse Top Apartments in Lexington
See all Apartments in LexingtonExplore Lexington
Lexington, OR Local Guide
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Cheapest Available Lexington Apartments for Rent and Nearby
 The cheapest available apartment rental in Lexington, OR is a Studio unit found at The Q in the South Center neighborhood priced from $875. Highlander Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here is today’s list of the most affordable Lexington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Q | Studio A | Studio,1BA | $875 |
| Highlander Apartments | 1 bedroom 1 bath up | 1BR,1BA | $1,050 |
| Copper Mountain | Prairie Star | 1BR,1BA | $1,117 |
| Crown Village | One Bed One Bath | 1BR,1BA | $1,183 |
| Orchard Hills | One Bedroom | 1BR,1BA | $1,295 |
| Discover Clearwater Lofts! | Clearwater - Studio | Studio,1BA | $1,295 |
| Westgate Apartment Homes | Creek | 1BR,1BA | $1,299 |
| Port View Apartments | 1x1B | 1BR,1BA | $1,299 |
| Clearwater Bay Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,300 |
| Copper Ridge | Belair | 2BR,2BA | $1,345 |
Best Value Apartments for Rent in Lexington, OR and Nearby
As of April 30, 2026 the best value apartment in the Lexington area is the $1.41 price per square foot Columbia Model at Copper Ridge in the starting from $1,551. The second greatest value Lexington apartment is the Two Bedroom Model at Lakeside Apartments starting at $1,521 with a $1.40 price per square foot in the Tapteal 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. |
|---|---|---|---|
| Copper Ridge | Columbia | 3BR,2BA | $1.41 |
| Lakeside Apartments | Two Bedroom | 2BR,2BA | $1.40 |
| Quail Springs | 2x2 A | 2BR,2BA | $1.46 |
| Bonneville Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.65 |
| Clearwater Bay Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.32 |
| Crosspointe | 2x2 | 2BR,2BA | $1.69 |
| Skyline Apartments, LLC | Spacious Two Bedroom Apartment Homes Available | 2BR,1BA | $1.66 |
| Townhouse Villa | 2BR/1.0BA | 2BR,1BA | $1.47 |
| Kamden Court | 2 Bed 1 Bath + Bonus Room | 2BR,1BA | $1.48 |
| Copper Mountain | Prairie Star | 1BR,1BA | $1.59 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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, OR Rentals by Map
See the most popular apartments and homes in Lexington, OR
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 The Q listed at $875.
How much is rent for a Cheap One Bedroom Lexington Apartment?
The lowest price for a Cheap One Bedroom Lexington Apartment is $999 at The Q.
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 $1,297 at Highlander Apartments.
What is the most affordable Lexington Three Bedroom Apartment?
The best deal on a cheap Lexington Three Bedroom Apartment rental is at Copper Mountain and starts from $1,542.
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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.