
Cheap Homes for Rent in the Lake Murray Neighborhood of Lexington, SC from $400 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Murray area of Lexington.


2 Guilford Green Ct

206 Derrick St

405 Harbison Blvd

405-B Harbison Blvd

122 Jefferson Pl
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.

107 Country Town Dr

264 Piney Grove Rd

3700 Bush River Rd

240 Jamil Rd

101 Manorwood Ct

290 Browning Ct
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.

3118 Dudley Rd

1 Crescent Ln

289 Piney Grove Rd

329 W Main St

329 W Main St

807 Laurel Rd
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.

3102 Emanuel Church Rd

100 Buckhaven Way
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 | $1,411 | $950 | $1,995 |
| Lake Murray 3 Bedroom Homes for Rent | $1,937 | $1,200 | $3,100 |
| Lake Murray 4 Bedroom Homes for Rent | $2,261 | $1,795 | $3,200 |
| Lake Murray 5 Bedroom Homes for Rent | $2,558 | $2,289 | $2,845 |
Browse Homes for Rent in this Neighborhood
There are currently 20 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodland Village Apartments | 1 Bed 1 BathWoodland Village Apartments | 1BR,1BA | $900 |
| Avenue at Harbison | Magnolia | 1BR,1BA | $927 |
| Vue at St. Andrews | 2 Bed 2 Bath | 2BR,2BA | $999 |
| Pine Grove Apartments | 2 Bedroom 1.5 Bath | 2BR,2BA | $1,010 |
| Crestmont Apartments | The Norwick | 2BR,2BA | $1,043 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodland Village Apartments | 3 Bed 2.5 Bath (TH)Woodland Village Apartments | 3BR,2.5BA | $0.96 |
| Lory of Harbison | Cypress | 2BR,1.5BA | $1.02 |
| Lexington Place Apartments | 2x1.5 1142 | 2BR,1.5BA | $1.22 |
| Pine Grove Apartments | 2 Bedroom 1.5 Bath | 2BR,2BA | $0.95 |
| Reserve at Mill Landing | B1 Santee - 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.35 |
| Vue at St. Andrews | 2 Bed 2 Bath | 2BR,2BA | $0.99 |
| 4026 Calvary Rd, Unit A | 4026 Calvary Rd | 2BR,1.5BA | $1.38 |
| Wellspring Apartments | Charleston 2-2 | 2BR,2BA | $1.30 |
| Crestmont Apartments | The Norwick | 2BR,2BA | $1.07 |
| Ashland Commons | The Mahogany | 2BR,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.
Read ArticleReal 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.
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 103 Apartments for Rent in Lake Murray, SC with pricing that ranges from $900 to $3,075. There are also 146 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Murray ranging from $450 to $3,200.
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 $3,200 with an average monthly rent of $1,814.
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 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.

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.

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.

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.