
Cheap Homes for Rent in Lexington, SC from $400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.


6020 Edmund Hwy

206 Derrick St

3700 Bush River Rd

329 W Main 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.

329 W Main St

807 Laurel Rd

604 Melton St

3102 Emanuel Church Rd

100 Buckhaven Way
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.
Lexington, SC 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 | $1,498 | $950 | $2,290 |
| Lexington 3 Bedroom Homes for Rent | $1,991 | $1,600 | $3,100 |
| Lexington 4 Bedroom Homes for Rent | $2,261 | $1,845 | $3,200 |
| Lexington 5 Bedroom Homes for Rent | $2,587 | $2,349 | $2,995 |
Browse Top Homes for Rent in Lexington
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Lexington, SC Local Guide
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Cheapest Neighborhoods for Apartments in Lexington, SC
Pricing Updated: 07/08/2026Current apartment rentals in the Lexington, SC area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lexington Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Oak Grove | $1,750 | $401 | 285 |
Cheapest Available Lexington Apartments for Rent
 The cheapest available apartment rental in Lexington, SC is a 1 Bed unit found at Woodland Village Apartments in the Irmo neighborhood priced from $900. Ashland Commons in the Irmo neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,215. Here is today’s list of the most affordable Lexington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodland Village Apartments | 1 Bed 1 BathWoodland Village Apartments | 1BR,1BA | $900 |
| Ashland Commons | The Mahogany | 2BR,2BA | $1,215 |
| Summer Cove | 3 Bedroom | 3BR,2BA | $1,225 |
Best Value Apartments for Rent in Lexington, SC
As of July 08, 2026 the best value apartment in the Lexington area is the $1.18 price per square foot 2BR/2BA Model at Thornhill Apartments in the in the Autumn Chase At South Brook neighborhood starting from $1,385. The second greatest value Lexington apartment is the 2x1.5 1142 Model at Lexington Place Apartments starting at $1,395 with a $1.22 price per square foot in the West Columbia 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. |
|---|---|---|---|
| Thornhill Apartments | 2BR/2BA | 2BR,2BA | $1.18 |
| Lexington Place Apartments | 2x1.5 1142 | 2BR,1.5BA | $1.22 |
| Summer Cove | 3 Bedroom | 3BR,2BA | $1.12 |
| Reserve at Mill Landing | B1 Santee - 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.28 |
| Ashland Commons | The Mahogany | 2BR,2BA | $1.26 |
| Woodland Village Apartments | 1 Bed 1 BathWoodland Village Apartments | 1BR,1BA | $0.94 |
| Lullwater at Saluda Pointe | The Ashley with Sunroom | 1BR,1BA | $1.54 |
| Sweetbriar Apartments | 2BR | 2BR,1BA | $1.53 |
| The Waterway Apartment Homes | One Bedroom - 798 sqft | 1BR,1BA | $1.59 |
| Cedarcrest Village | 1 bdrm/1 bath | 1BR,1BA | $1.61 |
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.
Best Local Schools in Lexington, SC
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, SC
Frequently Asked Questions about Lexington
What type of rentals are currently available in Lexington?
There are currently 64 Apartments for Rent in Lexington, SC with pricing that ranges from $900 to $2,700. There are also 88 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $450 to $3,200.
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 $450 to $3,200 with an average monthly rent of $1,853.
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

Local Experts Top 8: Affordable Columbia, SC Neighborhoods for Quality Living
Written by: Kama Offenberger
I'm Kama, the ApartmentHomeLiving.com Local Expert for Columbia, South Carolina.

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.