Cheap Homes for Rent in Lake Murray Neighborhood of Lexington, SC from $400 (19 Rentals)

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Search the lowest-cost Homes 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 3700 Bush River Rd

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

3700 Bush River Rd, Unit K3

3700 Bush River Rd
ColumbiaSC29210

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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property at 329 W Main St

$1,400

2 Bedroom Rentals

Available Now

329 W Main St

LexingtonSC29072
property at 102A Wilhowie Dr

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

3 Bedroom, 2 Bath Home for Rent

Available Jun 1

102A Wilhowie Dr

LexingtonSC29073

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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Showing Results 1-19, Page 1 of 1

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. 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 ListingModel NameBed/BathPriced From
Woodland Village Apartments1 Bed 1 BathWoodland Village Apartments1BR,1BA$900
Pine Grove Apartments2 Bedroom 1.5 Bath2BR,2BA$1,010
Vue at St. Andrews2 Bed 2 Bath2BR,2BA$1,050
Creekside Apartments1/1R1BR,1BA$1,050
Gleneagle Apartment Homes1 Bed / 1 Bath – Renovated1BR,1BA$1,080

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 ListingModel NameBed/BathPrice Per Sq.Ft.
160 Whitwood Cir, Unit Home160 Whitwood Cir6BR,4BA$0.99
Woodland Village Apartments3 Bed 2.5 Bath (TH)Woodland Village Apartments3BR,2.5BA$0.96
The Legends at Lake MurrayThe Wessinger3BR,2BA$1.42
Lory of HarbisonCypress2BR,1.5BA$1.02
Summer Cove3 Beds, 2 baths3BR,2BA$1.12
Lauren Ridge Apartment HomesThe Gibson-Renovated2BR,2BA$1.45
Pine Grove Apartments2 Bedroom 1.5 Bath2BR,2BA$0.95
Vue at St. Andrews2 Bed 2 Bath2BR,2BA$1.04
Ashland CommonsThe Mahogany2BR,2BA$1.24
Gleneagle Apartment Homes1 Bed / 1 Bath – Renovated1BR,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.

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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

Frequently Asked Questions about Lake Murray

What type of rentals are currently available in Lake Murray?

There are currently 101 Apartments for Rent in Lake Murray, SC with pricing that ranges from $900 to $4,350. 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 $1,788.

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 $1,225 to $2,925, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,875 and Four Bedroom Apartments start at $2,050.

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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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.

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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.

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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.