Cheap Apartments for Rent in Lexington, TN from $600 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lexington.

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.

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.

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.

Lexington, TN Local Guide

Cheapest Available Lexington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lexington, TN is a 2 Beds unit found at Oliver Crossing priced from $684. Patrician Terrace Apartment Homes in the Downtown Jackson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oliver CrossingTwo Bedroom2BR,1BA$684
Patrician Terrace Apartment Homes1x11BR,1BA$850
Bradford ChaseThe Hampton1BR,1BA$895
The Oaks at JacksonThe Magnolia1BR,1BA$899
Woods of Post HouseThe Dogwood1BR,1BA$999

Best Value Apartments for Rent in Lexington, TN and Nearby

As of July 30, 2025 the best value apartment in the Lexington area is the $1.00 price per square foot Model2A Model at Suites of Larue in the in the Downtown Jackson neighborhood starting from $1,200. The second greatest value Lexington apartment is the Two Bedroom Model at The Pointe at Boardwalk starting at $1,099 with a $0.96 price per square foot in the Downtown Jackson neighborhood. Here is today’s list of the best values for Lexington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Suites of LarueModel2A2BR,2BA$1.00
The Pointe at BoardwalkTwo Bedroom2BR,2BA$0.96
The Pointe at Ridge Cove2 Bedroom2BR,2BA$1.02
Post House NorthThe Appaloosa2BR,2BA$1.15
The Pointe at 731One Bedroom1BR,1BA$1.15
Post House JacksonThe Preakness2BR,1BA$1.17
Camellia TraceA31BR,1BA$1.17
Riverbrook Luxury Apartments2BR/2.0BA2BR,2BA$1.19
Oliver CrossingTwo Bedroom2BR,1BA$0.86
Patrician Terrace Apartment Homes1x11BR,1BA$1.16

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Lexington, TN

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Lexington Apartments

How much is rent for a Cheap One Bedroom Lexington Apartment?

The lowest price for a Cheap One Bedroom Lexington Apartment is $850 at Patrician Terrace Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Lexington Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lexington is starting from $684 at Oliver Crossing.

What is the most affordable Lexington Three Bedroom Apartment?

The best deal on a cheap Lexington Three Bedroom Apartment rental is at The Pointe at Boardwalk and starts from $1,125.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.