
Cheap Homes for Rent in Lexington, TX from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Lexington.


622 Scarbrough St

204 Hall St
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.

8701 US-77

1612 W 5th St

817 Lloyd Ln
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.

1116 E Cameron Ave
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 | $1,270 | $1,050 | $1,600 |
| Lexington 3 Bedroom Homes for Rent | $1,895 | $1,200 | $3,095 |
| Lexington 4 Bedroom Homes for Rent | $2,209 | $1,795 | $2,995 |
| Lexington 5 Bedroom Homes for Rent | $2,872 | $1,995 | $3,750 |
Browse Top Homes for Rent in Lexington
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cameron Terrace | A 1x1 | 1BR,1BA | $669 |
| Rockdale | A | 1BR,1BA | $780 |
| Parkview Apartments | 1X1 studio | Studio,1BA | $880 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 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 |
| The Preserve at Hunters Crossing | 2 Bedroom | 2BR,2BA | $1.43 |
| Shade Tree Apartment Homes | 2 bedroom | 2BR,1.5BA | $1.05 |
| Sunrise Apartment Homes | 2 Bedroom | 2BR,1BA | $1.04 |
| Parkside Apartments | 2 bedroom | 2BR,1BA | $1.16 |
| Hunter's Chase Senior Apartments | Falcon Deluxe | 2BR,1BA | $1.09 |
| The Commons Apartments at Hickory Creek | 1 Bed | 1BR,1BA | $1.12 |
| Commons at Manor | A1 | 1BR,1BA | $1.21 |
| 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.
Read ArticleQuick 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.
Best Local Schools in Lexington, TX
School data provided by Great Schools
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 48 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 $900 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 $900 to $4,500 with an average monthly rent of $2,189.
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 $3,138, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,095. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $2,260.
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

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.

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.

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.

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.