Cheap Apartments for Rent in Lexington, TX from $400 (26 Rentals)

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

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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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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13900 Mussel Run
Studio Apartments

13900 Mussel Run

13900 Mussel RunElgin, TX 78621
  • 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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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.

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Settlement Estates
1 to 2 Bedroom Apartments

Settlement Estates

149 Settlement DrBastrop, TX 78602
Senior Living
Showing Results 1-26, 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 Rockdale priced from $780. Cameron Terrace has the second lowest priced unit, which is a 2 Beds apartment currently listed from $785. Here is today’s list of the most affordable Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RockdaleA1BR,1BA$780
Cameron TerraceB 2x12BR,1BA$785
Sunrise Apartment Homes1 Bedroom1BR,1BA$805
Parkside Apartments1 bedroom1BR,1BA$895
The Commons Apartments at Hickory Creek1 Bed1BR,1BA$895
Shade Tree Apartment Homes1 bedroom1BR,1BA$920
Lakeside Apartments1 bedroom1BR,1BA$995
The Grassdale at Manor1x11BR,1BA$999
Arbors of Bastrop1 Bed, 1 bath1BR,1BA$999
North CreekS1Studio,1BA$1,048

Best Value Apartments for Rent in Lexington, TX and Nearby

As of November 16, 2025 the best value apartment in the Lexington area is the $1.29 price per square foot Magnolia Model at Beacon at Vine Creek in the in the Blackhawk neighborhood starting from $2,149. The second greatest value Lexington apartment is the Linden Model at Beacon at Presidential Heights starting at $1,950 with a $1.36 price per square foot in the Travis Northeast 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.
Beacon at Vine CreekMagnolia3BR,2BA$1.29
Beacon at Presidential HeightsLinden3BR,2BA$1.36
The NarrowsDragonroot3BR,2BA$1.09
Hunters CrossingB22BR,2BA$1.34
Gardens of Taylor - Ages 55+ ONLY Community2 Beds, 2 baths2BR,2BA$1.37
Walnut Ridge ApartmentsB2BR,1BA$1.28
Prose ManorA11BR,1BA$1.28
Cameron TerraceB 2x12BR,1BA$0.95
The Commons Apartments at Hickory Creek1 Bed1BR,1BA$1.12
Sunrise Apartment Homes1 Bedroom1BR,1BA$1.34

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Pet Friendly Lifestyle
Lexington, TX

Ranked #282

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Lexington, TX

School data provided by Great Schools

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

Explore Lexington, TX Rentals by Map

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See the most popular apartments and homes in Lexington, TX

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Getting Around Lexington, TX

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

27 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 North Creek listed at $1,048.

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

The lowest price for a Cheap One Bedroom Lexington Apartment is $780 at Rockdale.

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 The Narrows and starts from $1,399.

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.