Cheap Apartments for Rent in Lexington, VA from $600 (50 Rentals)

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

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Maury River Place
1 to 2 Bedroom Apartments

Maury River Place

60 Willow Springs RdLexington, VA 24450
  • Utilities Included
property at 531 Maury St

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Home for Rent

Available Aug 1

531 Maury St

LexingtonVA24450
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Miller's Rest Apartments
$684 - $1,141
Total Monthly Price

Total Monthly Price

Base Rent
$679 - $1,136
Required Monthly Fees
$5

Total Monthly Price
$684 - $1,141
1 to 3 Bedroom Apartments Available Now

Miller's Rest Apartments

6125 Old Mill RdLynchburg, VA 24502
Affordability
  • Verified
  • Utilities Included
  • Low Income
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The Timbers
$714 - $1,014
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$659 - $959
Required Monthly Fees
$55

Total Monthly Price
$714 - $1,014
1 to 2 Bedroom Apartments Available Now

The Timbers

2 Timber CtLynchburg, VA 24501
Affordability
  • Verified
  • Customer Reviewed
  • Smoke Free
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McCausland Ridge
Rent Specials
$795
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795
2 Bedroom Apartments Available Now

McCausland Ridge

2075 Langhorne RdLynchburg, VA 24501
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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Bramblewood Apartments
$800 - $900
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$800 - $900

Total Monthly Price
$800 - $900
2 to 3 Bedroom Apartments Available Now

Bramblewood Apartments

3300 Old Forest RdLynchburg, VA 24501
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Rivermont Park
$859 - $1,109
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$749 - $999
Required Monthly Fees
$110

Total Monthly Price
$859 - $1,109
Studio to 2 Bedroom Apartments Available Now

Rivermont Park

2935 Rivermont AveLynchburg, VA 24503
Affordability
  • Verified
  • Customer Reviewed
  • Smoke Free

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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Imperial Tobacco Lofts
$999 - $1,019
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900 - $920
Required Monthly Fees
$99

Total Monthly Price
$999 - $1,019
1 Bedroom Apartments Available Jun 1

Imperial Tobacco Lofts

1220 Commerce StLynchburg, VA 24504
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Peakland Apartments
$1,000 - $1,230
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$965 - $1,195
Required Monthly Fees
$35

Total Monthly Price
$1,000 - $1,230
1 to 2 Bedroom Apartments Available Now

Peakland Apartments

3901 Boonsboro RdLynchburg, VA 24503
Affordability
  • Verified
  • 3D Tour
  • Smoke Free
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Forestbrook Apartments
$1,025 - $1,190
Total Monthly Price

Total Monthly Price

Base Rent
$980 - $1,145
Required Monthly Fees
$45

Total Monthly Price
$1,025 - $1,190
2 to 3 Bedroom Apartments Available Now

Forestbrook Apartments

220 McConville RdLynchburg, VA 24502
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

property at 69 Lloyd Tolley Rd

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom, 1 Bath Home for Rent

Available Now

69 Lloyd Tolley Rd

Natural Bridge StationVA24579
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Midtown Lofts
1 to 2 Bedroom Apartments

Midtown Lofts

2734 Fort AveLynchburg, VA 24501
  • Utilities Included
property at 1112 Bedford Ave

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

1 Bedroom, 1 Bath Condo for Rent

Available Now

1112 Bedford Ave

LynchburgVA24504
property at 103 Willow St

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

103 Willow St

LynchburgVA24503

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property at 1205 Hawthorne Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

1205 Hawthorne Ave

Buena VistaVA24416
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723 Jefferson Street
1 Bedroom Apartments

723 Jefferson Street

723 Jefferson StreetLynchburg, VA 24504
  • Utilities Included
property at 42 Countryplace Ln

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

42 Countryplace Ln

LynchburgVA24501
property at 156 Cedar Crest Dr

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

156 Cedar Crest Dr

Madison HeightsVA24572
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Elora Gardens Lynchburg
1 to 2 Bedroom Apartments

Elora Gardens Lynchburg

701 Hollins StLynchburg, VA 24504
Senior Living
  • Utilities Included
property at 89 Countryplace Ln

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

2 Bedroom, 1.5 Bath Townhome for Rent

Available Jun 5

89 Countryplace Ln

LynchburgVA24501
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River Lofts West
Studio to 2 Bedroom Apartments

River Lofts West

920-926 Commerce StLynchburg, VA 24504
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Factory 88
1 Bedroom Apartments

Factory 88

320 12th StLynchburg, VA 24504
  • Utilities Included
property at 1337 Cedar Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Home for Rent

Available Now

1337 Cedar Ave

Buena VistaVA24416

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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.

Lexington, VA Local Guide

Cheapest Available Lexington Apartments for Rent

 

The cheapest available apartment rental in Lexington, VA is a 1 Bed unit found at Miller's Rest Apartments in the Wyndhurst neighborhood priced from $684. Dumont Apartments in the Tate Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Miller's Rest ApartmentsRhine1BR,1BA$684
Dumont Apartments1BR/1.0BA1BR,1BA$695
Hillcrest Manor Apartments1br1BR,1BA$700
The Timbers1 Bedroom, 1 Bathroom1BR,1BA$714
McCausland Ridge2BR/1.0BA2BR,1BA$795
Bramblewood Apartments2BR/1.0BA2BR,1BA$800
Schoolhouse Apartments1 bed1BR,1BA$800
Craigmont Manor1 Bedroom1BR,1BA$815
Rivermont ParkStudioStudio,1BA$859
Walden Pond Apartment Homes1 Bedroom1BR,1BA$871

Best Value Apartments for Rent in Lexington, VA

As of May 25, 2026 the best value apartment in the Lexington area is the $0.79 price per square foot 3BR/1.5BA Model at Ivy Creek Apartments in the in the Sandusky neighborhood starting from $949. The second greatest value Lexington apartment is the 3 Bed/ 2 Bath with Den Model at Forestbrook Apartments starting at $1,180 with a $1.02 price per square foot in the Wyndhurst 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.
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.79
Forestbrook Apartments3 Bed/ 2 Bath with Den3BR,2BA$1.02
Montague Terrace2 BDRM/2 Bath2BR,2BA$1.08
Miller's Rest ApartmentsPritchell2BR,2BA$0.85
Bramblewood Apartments3BR/1.0BA3BR,1BA$0.89
Schoolhouse Apartments1 bed1BR,1BA$0.90
McCausland Ridge2BR/1.0BA2BR,1BA$0.94
Midtown on 12thStudioStudio ,1BA$1.07
Dumont Apartments1BR/1.0BA1BR,1BA$0.87
Hillcrest Manor Apartments1br1BR,1BA$1.08

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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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.

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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.

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

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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 Rivermont Park listed at $859.

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

The lowest price for a Cheap One Bedroom Lexington Apartment is $684 at Miller's Rest Apartments.

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 $765 at Hillcrest Manor Apartments.

What is the most affordable Lexington Three Bedroom Apartment?

The best deal on a cheap Lexington Three Bedroom Apartment rental is at Bramblewood Apartments and starts from $900.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.