Cheap Apartments for Rent near Lexington, TX from $383 (55 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Darby
Rent Specials
$1,125 - $3,087

Total Monthly Price

Base Rent$1,125 - $3,087
Total Monthly Price$1,125 - $3,087
1 to 3 Bedroom Apartments Available Now

The Darby

9910 Hill LnManor, TX 78653
Family Friendly
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Tacara Weiss Ranch
$1,165 - $2,569

Total Monthly Price

Base Rent$1,165 - $2,569
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Tacara Weiss Ranch

4401 E Pflugerville PkyPflugerville, TX 78660
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Prose Manor
Rent Specials
$1,281 - $1,844

Total Monthly Price

Base Rent$1,281 - $1,844
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Prose Manor

11925 Ring DrManor, TX 78653
Luxury
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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YardHomes Trailside
Rent Specials
$1,399 - $2,570

Total Monthly Price

Base Rent$1,399 - $2,570
Total Monthly Price$1,399 - $2,570
1 to 3 Bedroom Apartments Available Now

YardHomes Trailside

16336 Cameron RoadPflugerville, TX 78660
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Hutto Station
Rent Specials
$1,401 - $2,935

Total Monthly Price

Base Rent$1,401 - $2,935
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Hutto Station

551 Exchange BlvdHutto, TX 78634
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The Narrows
$1,412 - $1,857

Total Monthly Price

Base Rent$1,412 - $1,857
Total Monthly Price$1,412 - $1,857
1 to 3 Bedroom Apartments Available Sep 30

The Narrows

400 CR 137Hutto, TX 78634
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13900 Mussel Run
Studio Apartments

13900 Mussel Run

13900 Mussel RunElgin, TX 78621
  • Utilities Included

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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Sierra Apartments
1 to 2 Bedroom Apartments

Sierra Apartments

200 Maple LnElgin, TX 78621
  • Utilities Included
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Crescent Village
1 to 3 Bedroom Apartments

Crescent Village

13817 County Line RdElgin, TX 78621
property at 807 Lloyd Ln
$1,360
2 Bedroom Rentals
Available Now
Affordability

807 Lloyd Ln

ElginTX78621
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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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Lexington, TX Local Guide

Cheapest Available Lexington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lexington, TX is a 1 Bed unit found at Hunter's Chase Senior Apartments (55+ Only) priced from $383. Cameron Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $669. Here is today’s list of the most affordable Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hunter's Chase Senior Apartments (55+ Only)Falcon1BR,1BA$383
Cameron TerraceA 1x11BR,1BA$669
Commons at ManorA11BR,1BA$740
RockdaleA1BR,1BA$780
The Commons Apartments at Hickory Creek1 Bed1BR,1BA$895
Sunrise Apartment Homes2 Bedroom2BR,1BA$910
Parkside Apartments2 bedroom2BR,1BA$995
Shade Tree Apartment Homes2 bedroom2BR,1BA$1,020
The Grand at Manor ApartmentsE1Studio,1BA$1,107
The DarbyA11BR,1BA$1,125

Best Value Apartments for Rent in Lexington, TX and Nearby

As of September 13, 2026 the best value apartment in the Lexington area is the $1.31 price per square foot 2 Bed 2 Bath Model at Gardens of Taylor - Ages 55+ ONLY Community in the in the Taylor Hutto neighborhood starting from $1,290. The second greatest value Lexington apartment is the 2 Beds, 2 baths Model at Riverwood Commons II - 55+ Community starting at $1,270 with a $1.29 price per square foot in the Hunter's Crossing 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.
Gardens of Taylor - Ages 55+ ONLY Community2 Bed 2 Bath2BR,2BA$1.31
Riverwood Commons II - 55+ Community2 Beds, 2 baths2BR,2BA$1.29
The Preserve at Hunters Crossing2 Bedroom2BR,2BA$1.43
Shade Tree Apartment Homes2 bedroom2BR,1.5BA$1.05
Sunrise Apartment Homes2 Bedroom2BR,1BA$1.04
Parkside Apartments2 bedroom2BR,1BA$1.16
The Commons Apartments at Hickory Creek1 Bed1BR,1BA$1.12
Commons at ManorA11BR,1BA$1.00
Hunter's Chase Senior Apartments (55+ Only)Sparrow1BR,1BA$0.99
Cameron TerraceA 1x11BR,1BA$1.03

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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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Lexington, TX

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

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Frequently Asked Questions about Cheap Lexington Apartments

What is the Cheapest Studio apartment in Lexington?

Currently the most affordable Cheap Studio Apartment in Lexington is at The Grand at Manor Apartments listed at $1,107.

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

The lowest price for a Cheap One Bedroom Lexington Apartment is $383 at Hunter's Chase Senior Apartments (55+ Only).

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 $785 at Cameron Terrace.

What is the most affordable Lexington Three Bedroom Apartment?

The best deal on a cheap Lexington Three Bedroom Apartment rental is at Cameron Terrace and starts from $915.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.