Cheap Apartments for Rent near Lexington, TX from $300 (49 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

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.

close
View Me
Tacara Weiss Ranch
Rent Specials
$1,198 - $2,527
Total Monthly Price

Total Monthly Price

Base Rent
$1,198 - $2,527

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Tacara Weiss Ranch

4401 E Pflugerville PkyPflugerville, TX 78660
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Narrows
Rent Specials
$1,206 - $1,806
Total Monthly Price

Total Monthly Price

Base Rent
$1,206 - $1,806

Total Monthly Price
$1,206 - $1,806
1 to 3 Bedroom Apartments Available Now

The Narrows

400 CR 137Hutto, TX 78634
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
The Darby
Rent Specials
$1,274 - $3,196
Total Monthly Price

Total Monthly Price

Base Rent
$1,274 - $3,196

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Darby

9910 Hill LnManor, TX 78653
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Prose Manor
Rent Specials
$1,309 - $1,646
Total Monthly Price

Total Monthly Price

Base Rent
$1,309 - $1,646

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Prose Manor

11925 Ring DrManor, TX 78653
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
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.

close
View Me
Sierra Apartments
1 to 2 Bedroom Apartments

Sierra Apartments

200 Maple LnElgin, TX 78621
  • Utilities Included

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.

close
View Me
Crescent Village
1 to 3 Bedroom Apartments

Crescent Village

13817 County Line RdElgin, TX 78621

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
RockdaleA1BR,1BA$780
Commons at ManorA11BR,1BA$781
Sunrise Apartment Homes3271Bed1BR,1BA$825
The Commons Apartments at Hickory Creek1 Bed1BR,1BA$895
The Grand at Manor ApartmentsE1Studio,1BA$995
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 July 30, 2026 the best value apartment in the Lexington area is the $1.22 price per square foot Fir Model at Limestone Creek Rental Homes in the in the Travis Northeast neighborhood starting from $2,225. The second greatest value Lexington apartment is the 2 Bed 2 Bath Model at Gardens of Taylor - Ages 55+ ONLY Community starting at $1,290 with a $1.31 price per square foot in the Taylor Hutto 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.
Limestone Creek Rental HomesFir4BR,2BA$1.22
Gardens of Taylor - Ages 55+ ONLY Community2 Bed 2 Bath2BR,2BA$1.31
Riverwood Commons II - 55+ Community2 Beds, 2 baths2BR,2BA$1.29
Shade Tree Apartment Homes2 bedroom2BR,1.5BA$1.05
Parkside Apartments2 bedroom2BR,1BA$1.16
Hunter's Chase Senior Apartments (55+ Only)Falcon Deluxe2BR,1BA$1.09
The Commons Apartments at Hickory Creek1 Bed1BR,1BA$1.12
Commons at ManorA11BR,1BA$1.05
Sunrise Apartment Homes3271Bed1BR,1BA$1.23
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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Lexington, TX Rentals by Map

View Map
Lexington, TX Apartments Map
View Map
Lexington, TX Rental Homes Map

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 $995.

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 $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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.