
Cheap Homes for Rent near Lexington, TX from $1,100 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.


1612 W 5th St

112 Hillside Cove

204 Hall St

305 N 5th St
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.

817 Lloyd Ln

1116 E Cameron Ave

200 Hall St

468 W Washington St

5670 US-290
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.

937 Co Rd 305
Lexington, TX Local Guide

How much does it cost to rent a home in Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lexington 2 Bedroom Homes for Rent | $1,331 | $1,130 | $1,600 |
| Lexington 3 Bedroom Homes for Rent | $1,990 | $1,350 | $3,095 |
| Lexington 4 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
| Lexington 5 Bedroom Homes for Rent | $2,750 | $2,750 | $2,750 |
| Lexington 6 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
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Lexington, TX Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hunter's Chase Senior Apartments (55+ Only) | Falcon | 1BR,1BA | $383 |
| Cameron Terrace | A 1x1 | 1BR,1BA | $669 |
| Rockdale | A | 1BR,1BA | $780 |
| Commons at Manor | A1 | 1BR,1BA | $781 |
| Sunrise Apartment Homes | 3271Bed | 1BR,1BA | $825 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Limestone Creek Rental Homes | Fir | 4BR,2BA | $1.22 |
| Gardens of Taylor - Ages 55+ ONLY Community | 2 Bed 2 Bath | 2BR,2BA | $1.31 |
| Riverwood Commons II - 55+ Community | 2 Beds, 2 baths | 2BR,2BA | $1.29 |
| Shade Tree Apartment Homes | 2 bedroom | 2BR,1.5BA | $1.05 |
| Parkside Apartments | 2 bedroom | 2BR,1BA | $1.16 |
| Hunter's Chase Senior Apartments (55+ Only) | Falcon Deluxe | 2BR,1BA | $1.09 |
| The Commons Apartments at Hickory Creek | 1 Bed | 1BR,1BA | $1.12 |
| Commons at Manor | A1 | 1BR,1BA | $1.05 |
| Sunrise Apartment Homes | 3271Bed | 1BR,1BA | $1.23 |
| Cameron Terrace | A 1x1 | 1BR,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 ArticleReal 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.
Best Local Schools in Lexington, TX
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Frequently Asked Questions about Lexington
What type of rentals are currently available in Lexington?
There are currently 49 Apartments for Rent in Lexington, TX with pricing that ranges from $383 to $3,208. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $1,130 to $4,500.
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 $1,130 to $4,500 with an average monthly rent of $2,661.
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 $3,196, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $3,095. Four Bedroom Single-Family rentals are also available starting from $2,995 and Four Bedroom Apartments start at $2,225.
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

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.

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.

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.

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.