Cheap Homes for Rent in Lexington, TX from $500 (9 Rentals)

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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 Sunrise Apartment Homes priced from $805. Parkview Apartments in the Elm Creek neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here is today’s list of the most affordable Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sunrise Apartment Homes1 Bedroom1BR,1BA$805
Parkview Apartments1X1 studioStudio,1BA$825
Cameron TerraceB 2x12BR,1BA$835

Best Value Apartments for Rent in Lexington, TX and Nearby

As of September 13, 2025 the best value apartment in the Lexington area is the $1.37 price per square foot Ginkgo Model at Beacon at Vine Creek in the in the Blackhawk neighborhood starting from $2,103. The second greatest value Lexington apartment is the Linden Model at Beacon at Presidential Heights starting at $2,013 with a $1.41 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 CreekGinkgo3BR,2BA$1.37
Beacon at Presidential HeightsLinden3BR,2BA$1.41
The NarrowsDragonroot3BR,2BA$1.09
Burnett Place ApartmentsTwo Bed - One Bath2BR,1BA$1.39
Prose ManorA11BR,1BA$1.37
Cameron TerraceB 2x12BR,1BA$1.02
The Commons Apartments at Hickory Creek1 Bed1BR,1BA$1.12
Parkside Apartments1 bedroom1BR,1BA$1.38
Shade Tree Apartment Homes1 bedroom1BR,1BA$1.41
Sunrise Apartment Homes1 Bedroom1BR,1BA$1.34

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Pet Friendly Lifestyle
Lexington, TX

Ranked #199

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

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Frequently Asked Questions about Lexington

What type of rentals are currently available in Lexington?

There are currently 44 Apartments for Rent in Lexington, TX with pricing that ranges from $495 to $3,480. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $580 to $5,000.

What is the current price range for Rental Homes in Lexington?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lexington ranges from $580 to $5,000 with an average monthly rent of $2,194.

How much are larger Three and Four Bedroom Rentals in Lexington?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lexington range from $915 to $3,480, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,850. Four Bedroom Single-Family rentals are also available starting from $580 and Four Bedroom Apartments start at $2,095.

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

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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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.