Cheap Apartments for Rent in Lexington, TX from $300 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in 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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Prose Manor
Rent Specials
$1,099 - $1,896
Total Monthly Price

Total Monthly Price

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$1,099 - $1,896
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Prose Manor

11925 Ring DrManor, TX 78653
Affordability
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  • 3D Tour

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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Tacara Weiss Ranch
Rent Specials
$1,170 - $2,597
Total Monthly Price

Total Monthly Price

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$1,170 - $2,597
Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Tacara Weiss Ranch

4401 E Pflugerville PkyPflugerville, TX 78660
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The Narrows
Rent Specials
$1,199 - $1,799
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,799
Total Monthly Price
$1,199 - $1,799
1 to 3 Bedroom Apartments Available Now

The Narrows

400 CR 137Hutto, TX 78634
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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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13900 Mussel Run
Studio Apartments

13900 Mussel Run

13900 Mussel RunElgin, TX 78621
  • Utilities Included
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Sierra Apartments
1 to 2 Bedroom Apartments

Sierra Apartments

200 Maple LnElgin, TX 78621
  • Utilities Included

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.

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Showing Results 1-38, Page 1 of 1

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 Cameron Terrace priced from $669. Rockdale has the second lowest priced unit, which is a 1 Bed apartment currently listed from $780. Here is today’s list of the most affordable Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cameron TerraceA 1x11BR,1BA$669
RockdaleA1BR,1BA$780
Parkview Apartments1X1 studioStudio,1BA$880
The Commons Apartments at Hickory Creek1 Bed1BR,1BA$895
Commons at ManorA11BR,1BA$899
Sunrise Apartment Homes2 Bedroom2BR,1BA$910
Hunter's Chase Senior ApartmentsFalcon Deluxe2BR,1BA$925
Parkside Apartments2 bedroom2BR,1BA$995
Arbors of Bastrop1 Bed, 1 bath1BR,1BA$999
Shade Tree Apartment Homes2 bedroom2BR,1BA$1,020

Best Value Apartments for Rent in Lexington, TX and Nearby

As of June 15, 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
Hunter's Chase Senior ApartmentsFalcon Deluxe2BR,1BA$1.09
The Commons Apartments at Hickory Creek1 Bed1BR,1BA$1.12
Commons at ManorA11BR,1BA$1.21
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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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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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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Remember the 3 Rules of Real Estate:
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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 $669 at Cameron Terrace.

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 $835 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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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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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.