
Cheap Apartments for Rent in the Lake Murray Neighborhood of Lexington, SC from $300 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Murray area of Lexington.


Cedarcrest Village

The Flats Off Main

The Waterway Apartment Homes

Thornhill Apartments

Reserve at Mill Landing

Lauren Ridge Apartment Homes

Lullwater at Saluda Pointe

329 W Main St

River Bluff of Lexington
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.

The Overlook At Golden Hills Apartment Homes

102A Wilhowie Dr

Peaks at Lexington

1257B-1 Old Orangeburg Rd

Autumnwood Crossing

Fern Hall Apartments Phase I

290 Browning Ct

329 W Main St

3102 Emanuel Church Rd

122 Waverly Point Dr
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.

2 Guilford Green Ct

Woodland Village Apartments

114 Villa Ct

Pine Grove Apartments

Creekside Apartments

Ashland Commons

Gleneagle Apartment Homes

Landmark of Columbia

Crestmont Apartments

Avenue at Harbison
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.

Lexington Place Apartments

264 Piney Grove Rd

3700 Bush River Rd, Unit K3

West Winds Townhomes

Grandview at Lake Murray

Wellspring Apartments

Waters Edge at Harbison

Heights at Lake Murray

Harbison Gardens

Vue at St. Andrews
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.

405 Harbison Blvd

405-B Harbison Blvd

105 Manorwood Ct

Lory of Harbison

3118 Dudley Rd

240 Jamil Rd

3700 Bush River Rd

1 Crescent Ln

846 Piney

289 Piney Grove Rd
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.
Lake Murray, Lexington, SC Local Guide

How much does it cost to rent an apartment in Lake Murray?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Murray Studio Apartments | $2,489 | $2,489 | $2,489 |
| Lake Murray 1 Bedroom Apartments | $1,479 | $900 | $2,055 |
| Lake Murray 2 Bedroom Apartments | $1,604 | $925 | $2,415 |
| Lake Murray 3 Bedroom Apartments | $1,897 | $1,225 | $2,925 |
| Lake Murray 4 Bedroom Apartments | $2,050 | $2,050 | $2,050 |
Browse Apartments in this Neighborhood
There are currently 51 rentals with your search options within a 2 mile radius of the Lake Murray Neighborhood of Lexington, SC.
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Lake Murray, Lexington, SC Local Guide
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Cheapest Available Lake Murray Apartments for Rent
 The cheapest available apartment rental in the Lake Murray area of Columbia, SC is a 1 Bed unit found at Woodland Village Apartments priced from $900. Pine Grove Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,010. Here are the most affordable Lake Murray apartments for rent in Columbia, SC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodland Village Apartments | 1 Bed 1 BathWoodland Village Apartments | 1BR,1BA | $900 |
| Pine Grove Apartments | 2 Bedroom 1.5 Bath | 2BR,2BA | $1,010 |
| Vue at St. Andrews | 2 Bed 2 Bath | 2BR,2BA | $1,050 |
| Creekside Apartments | 1/1R | 1BR,1BA | $1,050 |
| Gleneagle Apartment Homes | 1 Bed / 1 Bath – Renovated | 1BR,1BA | $1,080 |
| Avenue at Harbison | Oak | 2BR,2BA | $1,158 |
| Lory of Harbison | Cypress | 2BR,1BA | $1,174 |
| Ashland Commons | The Mahogany | 2BR,2BA | $1,195 |
| Lexington Place Apartments | 1x1 700 | 1BR,1BA | $1,220 |
| Summer Cove | 3 Beds, 2 baths | 3BR,2BA | $1,225 |
Best Value Apartments for Rent in Lake Murray, SC
As of May 31, 2026 the best value apartment in the Lake Murray area is the $0.99 price per square foot 160 Whitwood Cir Model at 160 Whitwood Cir, Unit Home in the in the Irmo neighborhood starting from $4,350. The second greatest value Lake Murray apartment is the 3 Bed 2.5 Bath (TH)Woodland Village Apartments Model at Woodland Village Apartments starting at $1,530 with a $0.96 price per square foot in the Irmo neighborhood. Here is today’s list of the best values for Lake Murray apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 160 Whitwood Cir, Unit Home | 160 Whitwood Cir | 6BR,4BA | $0.99 |
| Woodland Village Apartments | 3 Bed 2.5 Bath (TH)Woodland Village Apartments | 3BR,2.5BA | $0.96 |
| The Legends at Lake Murray | The Wessinger | 3BR,2BA | $1.42 |
| Lory of Harbison | Cypress | 2BR,1.5BA | $1.02 |
| Summer Cove | 3 Beds, 2 baths | 3BR,2BA | $1.12 |
| Lauren Ridge Apartment Homes | The Gibson-Renovated | 2BR,2BA | $1.45 |
| Pine Grove Apartments | 2 Bedroom 1.5 Bath | 2BR,2BA | $0.95 |
| Vue at St. Andrews | 2 Bed 2 Bath | 2BR,2BA | $1.04 |
| Ashland Commons | The Mahogany | 2BR,2BA | $1.24 |
| Gleneagle Apartment Homes | 1 Bed / 1 Bath – Renovated | 1BR,1BA | $1.30 |
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 Lake Murray, Lexington, SC
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Lexington. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, walking, and biking. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Lake Murray Apartments
How much is rent for a Cheap One Bedroom Lake Murray Apartment?
The lowest price for a Cheap One Bedroom Lake Murray Apartment is $900 at Woodland Village Apartments.
What is the lowest price for a Cheap Two Bedroom Lake Murray Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Murray is starting from $1,000 at Woodland Village Apartments.
What is the most affordable Lake Murray Three Bedroom Apartment?
The best deal on a cheap Lake Murray Three Bedroom Apartment rental is at Summer Cove and starts from $1,225.
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.

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.