
Cheap Homes for Rent in Lake Murray Neighborhood of Lexington, SC from $400 (30 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Murray area of Lexington.


103 Fairbluff Rd

290 Browning Ct

405 Harbison Blvd

217 Wynn Way

810 Hayes Crossing Rd

225 Stirlington Rd
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.

205 Patio Pl

264 Piney Grove Rd

240 Jamil Rd

27 Prices Ct

329 W Main St

125 Elberta Dr

813 Seton Rd
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.

3102 Emanuel Church Rd

105 Fallsbury Rd

111 Hutto Hill

106 Hutto Hill

313 Sage Tree Ct

108 Hutto Hill

165 Vanarsdale Dr
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.

106 Palm Ct

346 Mansfield Cir

337 N Royal Tower Dr

341 Rutledge Pl

28 Tall Palmetto Ln

6 Forestgrove Ct

6 Forestgrove Ct
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.

49B Battery Walk Ct

207 Baywood Dr
Lake Murray, Lexington, SC Local Guide

How much does it cost to rent a home in Lake Murray?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Murray 2 Bedroom Homes for Rent | $1,485 | $1,149 | $1,895 |
| Lake Murray 3 Bedroom Homes for Rent | $1,899 | $1,200 | $3,100 |
| Lake Murray 4 Bedroom Homes for Rent | $2,389 | $1,495 | $6,500 |
| Lake Murray 5 Bedroom Homes for Rent | $2,980 | $2,400 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 30 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Avenue at Harbison | Aspen | 1BR,1BA | $928 |
| Gleneagle Apartment Homes | 1 Bed / 1 Bath – Classic | 1BR,1BA | $980 |
| Pine Grove Apartments | 2 Bedroom 1.5 Bath | 2BR,2BA | $1,010 |
| Summer Cove | 3 Beds, 2 baths | 3BR,2BA | $1,028 |
| Creekside Apartments | 1/1R | 1BR,1BA | $1,050 |
| Lory of Harbison | Cypress | 2BR,1BA | $1,174 |
| Ashland Commons | The Mahogany | 2BR,2BA | $1,199 |
| Lexington Place Apartments | 1x1 700 | 1BR,1BA | $1,220 |
| Waters Edge at Harbison | Savanna | 2BR,2BA | $1,235 |
| The Waterway Apartment Homes | One Bedroom - 798 sqft | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lory of Harbison | Sycamore | 3BR,2BA | $1.18 |
| Waters Edge at Harbison | Savanna | 2BR,2BA | $1.09 |
| Summer Cove | 3 Beds, 2 baths | 3BR,2BA | $0.94 |
| Pine Grove Apartments | 2 Bedroom 1.5 Bath | 2BR,2BA | $0.95 |
| Crestmont Apartments | The Kensington | 2BR,2BA | $1.37 |
| 4026 Calvary Rd, Unit A | 4026 Calvary Rd | 2BR,1.5BA | $1.43 |
| Ashland Commons | The Mahogany | 2BR,2BA | $1.24 |
| Sweetbriar Apartments | 2BR | 2BR,1BA | $1.53 |
| Gleneagle Apartment Homes | 1 Bed / 1 Bath – Classic | 1BR,1BA | $1.18 |
| Avenue at Harbison | Aspen | 1BR,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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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
Frequently Asked Questions about Lake Murray
What type of rentals are currently available in Lake Murray?
There are currently 106 Apartments for Rent in Lake Murray, SC with pricing that ranges from $900 to $2,765. There are also 141 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Murray ranging from $450 to $6,500.
What is the current price range for Rental Homes in Lake Murray?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Murray ranges from $450 to $6,500 with an average monthly rent of $1,959.
How much are larger Three and Four Bedroom Rentals in Lake Murray?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Murray range from $1,028 to $2,765, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $2,150.
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.

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.

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.

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.