Cheap Apartments for Rent in the Lake Murray Neighborhood of Lexington, SC from $300 (71 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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property at 313 Sage Tree Ct

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

313 Sage Tree Ct

LexingtonSC29073
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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

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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Woodland Villas
2 Bedroom Apartments

Woodland Villas

456 S Church StLexington, SC 29072
  • Utilities Included

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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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.

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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.

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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 Avenue at Harbison priced from $928. Gleneagle Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $980. Here are the most affordable Lake Murray apartments for rent in Columbia, SC:

Apartment ListingModel NameBed/BathPriced From
Avenue at HarbisonAspen1BR,1BA$928
Gleneagle Apartment Homes1 Bed / 1 Bath – Classic1BR,1BA$980
Pine Grove Apartments2 Bedroom 1.5 Bath2BR,2BA$1,010
Summer Cove3 Beds, 2 baths3BR,2BA$1,028
Creekside Apartments1/1R1BR,1BA$1,050
Lory of HarbisonCypress2BR,1BA$1,174
Ashland CommonsThe Mahogany2BR,2BA$1,199
Lexington Place Apartments1x1 7001BR,1BA$1,220
Waters Edge at HarbisonSavanna2BR,2BA$1,235
The Waterway Apartment HomesOne Bedroom - 798 sqft1BR,1BA$1,240

Best Value Apartments for Rent in Lake Murray, SC

As of April 15, 2026 the best value apartment in the Lake Murray area is the $1.18 price per square foot Sycamore Model at Lory of Harbison in the in the Irmo neighborhood starting from $1,450. The second greatest value Lake Murray apartment is the Savanna Model at Waters Edge at Harbison starting at $1,235 with a $1.09 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.
Lory of HarbisonSycamore3BR,2BA$1.18
Waters Edge at HarbisonSavanna2BR,2BA$1.09
Summer Cove3 Beds, 2 baths3BR,2BA$0.94
Pine Grove Apartments2 Bedroom 1.5 Bath2BR,2BA$0.95
Crestmont ApartmentsThe Kensington2BR,2BA$1.37
4026 Calvary Rd, Unit A4026 Calvary Rd2BR,1.5BA$1.43
Ashland CommonsThe Mahogany2BR,2BA$1.24
Sweetbriar Apartments2BR2BR,1BA$1.53
Gleneagle Apartment Homes1 Bed / 1 Bath – Classic1BR,1BA$1.18
Avenue at HarbisonAspen1BR,1BA$1.48

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.

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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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The 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.

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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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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 $928 at Avenue at Harbison.

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 $1,010 at Pine Grove 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 $1,028.

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 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.

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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.

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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.

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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.