Cheap Apartments for Rent in the Lake Murray Neighborhood of Lexington, SC from $371 (52 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Murray area of Lexington.

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Peaks at Lexington
1 to 3 Bedroom Apartments

Peaks at Lexington

227 Charter Oak RdLexington, SC 29072
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Autumnwood Crossing
1 to 2 Bedroom Apartments

Autumnwood Crossing

207 Topsider CtLexington, SC 29072
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Clemons Greene
1 to 3 Bedroom Apartments

Clemons Greene

1020 Highway 378Lexington, SC 29072
  • Utilities Included
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313 W Main St
2 Bedroom Apartments

313 W Main St

313 W Main StLexington, SC 29072

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 139 Hunters Grove Dr

$1,100

Total Monthly Price

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$1,100
Total Monthly Price
$1,100

1 Bedroom, 1 Bath Townhome for Rent

Available Now

139 Hunters Grove Dr

ColumbiaSC29210

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Wellspring Apartments
Rent Specials
$1,351 - $6,302
Total Monthly Price

Total Monthly Price

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$1,351 - $6,302
Total Monthly Price
$1,351 - $6,302
1 to 3 Bedroom Apartments Available Now

Wellspring Apartments

500 Harbison BlvdColumbia, SC 29212
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property at 405 Harbison Blvd

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 2 Bath Condo for Rent

Available Now

405 Harbison Blvd, Unit 811b

405 Harbison Blvd
ColumbiaSC29212

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.

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Harbison Gardens
2 to 4 Bedroom Apartments

Harbison Gardens

401 Columbiana DrColumbia, SC 29212
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Lory of Harbison
1 to 3 Bedroom Apartments

Lory of Harbison

100 Fairforest RdColumbia, SC 29212

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.

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Showing Results 1-50, Page 1 of 2

Lake Murray, Lexington, SC Local Guide

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. Avenue at Harbison has the second lowest priced unit, which is a 1 Bed apartment currently listed from $927. Here are the most affordable Lake Murray apartments for rent in Columbia, SC:

Apartment ListingModel NameBed/BathPriced From
Woodland Village Apartments1 Bed 1 BathWoodland Village Apartments1BR,1BA$900
Avenue at HarbisonMagnolia1BR,1BA$927
Clemons Greene2 bdr2BR,1BA$1,013
Pine Grove Apartments2 Bedroom 1.5 Bath2BR,2BA$1,020
Creekside Apartments1/1R1BR,1BA$1,050
Ashland CommonsThe Mahogany2BR,2BA$1,100
Lake Lodge Apartments1BR Patio1BR,1BA$1,100
Gleneagle Apartment Homes1 Bed / 1 Bath – Renovated1BR,1BA$1,151
Lory of HarbisonCypress2BR,1BA$1,174
West Winds TownhomesThe Cypress TH 1 Bedroom1BR,1BA$1,175

Best Value Apartments for Rent in Lake Murray, SC

As of August 30, 2026 the best value apartment in the Lake Murray area is the $0.96 price per square foot 3 Bedroom 2 Bath Model at Pine Grove Apartments in the in the Irmo neighborhood starting from $1,235. The second greatest value Lake Murray apartment is the Palmetto 3-3 Model at Wellspring Apartments starting at $1,534 with a $1.24 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pine Grove Apartments3 Bedroom 2 Bath3BR,2BA$0.96
Wellspring ApartmentsPalmetto 3-33BR,3BA$1.24
Lory of HarbisonCypress2BR,1.5BA$1.02
The Waterway Apartment HomesTwo Bedroom 2 Bath - 1,042 sqft2BR,2BA$1.39
Thornhill Apartments2BR/1BA2BR,1BA$1.23
4026 Calvary Rd, Unit A4026 Calvary Rd2BR,1.5BA$1.38
Ashland CommonsThe Mahogany2BR,2BA$1.14
Woodland Village Apartments1 Bed 1 BathWoodland Village Apartments1BR,1BA$0.94
Clemons Greene2 bdr2BR,1BA$1.11
Gleneagle Apartment Homes1 Bed / 1 Bath – Renovated1BR,1BA$1.38

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.

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Real 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.

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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.

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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 $1,013 at Clemons Greene.

What is the most affordable Lake Murray Three Bedroom Apartment?

The best deal on a cheap Lake Murray Three Bedroom Apartment rental is at Clemons Greene and starts from $1,139.

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

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Local Expert's 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.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.