Cheap Apartments for Rent in the Lake Murray Neighborhood of Lexington, SC from $300 (54 Rentals)

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

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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
property at 329 W Main St

$1,400

2 Bedroom Rentals

Available Now

329 W Main St

LexingtonSC29072

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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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.

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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.

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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
property at 240 Jamil Rd

$1,095 - $1,250

2 Bedroom Rentals

Available Now

240 Jamil Rd

ColumbiaSC29210

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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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
Vue at St. Andrews2 Bed 2 Bath2BR,2BA$999
Pine Grove Apartments2 Bedroom 1.5 Bath2BR,2BA$1,010
Crestmont ApartmentsThe Norwick2BR,2BA$1,043
Creekside Apartments1/1R1BR,1BA$1,050
Gleneagle Apartment Homes1 Bed / 1 Bath – Renovated1BR,1BA$1,151
Lory of HarbisonCypress2BR,1BA$1,174
Ashland CommonsThe Mahogany2BR,2BA$1,175
Sweetbriar Apartments1BR1BR,1BA$1,199

Best Value Apartments for Rent in Lake Murray, SC

As of July 16, 2026 the best value apartment in the Lake Murray area is the $0.96 price per square foot 3 Bed 2.5 Bath (TH)Woodland Village Apartments Model at Woodland Village Apartments in the in the Irmo neighborhood starting from $1,530. The second greatest value Lake Murray apartment is the Cypress Model at Lory of Harbison starting at $1,174 with a $1.02 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.
Woodland Village Apartments3 Bed 2.5 Bath (TH)Woodland Village Apartments3BR,2.5BA$0.96
Lory of HarbisonCypress2BR,1.5BA$1.02
Lexington Place Apartments2x1.5 11422BR,1.5BA$1.22
Pine Grove Apartments2 Bedroom 1.5 Bath2BR,2BA$0.95
Reserve at Mill LandingB1 Santee - 2 Bedroom, 2 Bathroom2BR,2BA$1.35
Vue at St. Andrews2 Bed 2 Bath2BR,2BA$0.99
4026 Calvary Rd, Unit A4026 Calvary Rd2BR,1.5BA$1.38
Wellspring ApartmentsCharleston 2-22BR,2BA$1.30
Crestmont ApartmentsThe Norwick2BR,2BA$1.07
Ashland CommonsThe Mahogany2BR,2BA$1.22

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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Quick 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.

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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 $999 at Vue at St. Andrews.

What is the most affordable Lake Murray Three Bedroom Apartment?

The best deal on a cheap Lake Murray Three Bedroom Apartment rental is at Vue at St. Andrews and starts from $1,250.

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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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.

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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.

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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.