Cheap Apartments for Rent in Lexington, VA from $684 (54 Rentals)

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

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The Village at Rockbridge
2 to 4 Bedroom Apartments

The Village at Rockbridge

60 Willow Springs RdLexington, VA 24450
  • Utilities Included
  • Smoke Free
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Maury River Place
1 to 2 Bedroom Apartments

Maury River Place

60 Willow Springs RdLexington, VA 24450
  • Utilities Included
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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
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  • 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
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McCausland Ridge
Rent Specials
$750
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750
1 Bedroom Apartments Available Now

McCausland Ridge

2075 Langhorne RdLynchburg, VA 24501
Affordability
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  • Customer Reviewed
  • 3D Tour
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Rivermont Park
Rent Specials
$784 - $1,034
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$749 - $999
Required Monthly Fees
$35

Total Monthly Price
$784 - $1,034
Studio to 2 Bedroom Apartments Available Now

Rivermont Park

2935 Rivermont AveLynchburg, VA 24503
Affordability
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  • Customer Reviewed
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Charanne
$795
Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795
2 Bedroom Apartments Contact Us For Availability

Charanne

4993 S Amherst HwyMadison Heights, VA 24572
Cost Per Sq.Ft.
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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.

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Bramblewood Apartments
$799 - $1,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$799 - $1,150

Total Monthly Price
$799 - $1,150
1 to 3 Bedroom Apartments Available Now

Bramblewood Apartments

3300 Old Forest RdLynchburg, VA 24501
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The Westie
Rent Specials
$940 - $1,420
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$905 - $1,385
Required Monthly Fees
$35

Total Monthly Price
$940 - $1,420
1 to 2 Bedroom Apartments Available Sep 1

The Westie

123 Phelps RdMadison Heights, VA 24572
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Peakland Apartments
$940 - $1,230
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$905 - $1,195
Required Monthly Fees
$35

Total Monthly Price
$940 - $1,230
1 to 2 Bedroom Apartments Available Now

Peakland Apartments

3901 Boonsboro RdLynchburg, VA 24503
Affordability
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  • Smoke Free

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.

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Walden Pond Apartment Homes
Rent Specials
$972 - $2,407
Total Monthly Price

Total Monthly Price

Base Rent
$965 - $2,400
Required Monthly Fees
$7

Total Monthly Price
$972 - $2,407
1 to 3 Bedroom Apartments Available Now

Walden Pond Apartment Homes

1400 Weeping Willow DrLynchburg, VA 24501
Corporate Housing
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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
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  • Customer Reviewed
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Imperial Tobacco Lofts
$1,049 - $1,348
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950 - $1,249
Required Monthly Fees
$99

Total Monthly Price
$1,049 - $1,348
1 Bedroom Apartments Available Sep 1

Imperial Tobacco Lofts

1220 Commerce StLynchburg, VA 24504
Pet Friendly
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  • Customer Reviewed
  • Utilities Included
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Boonsboro Village Apartments
$1,060 - $1,434
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025 - $1,399
Required Monthly Fees
$35

Total Monthly Price
$1,060 - $1,434
2 to 3 Bedroom Apartments Available Now

Boonsboro Village Apartments

4715 Boonsboro RdLynchburg, VA 24503
Eco-Friendly
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  • 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.

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Factory 88
$1,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150
1 Bedroom Apartments Available Sep 16

Factory 88

320 12th StLynchburg, VA 24504
Pet Friendly
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  • Utilities Included
  • Smoke Free
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Holly Run Apartments
$1,200 - $1,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200 - $1,300

Total Monthly Price
Varies
2 Bedroom Apartments Available Now

Holly Run Apartments

314 Breezewood DrLynchburg, VA 24502
Cost Per Sq.Ft.
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  • Utilities Included
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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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Midtown Lofts
1 to 2 Bedroom Apartments

Midtown Lofts

2734 Fort AveLynchburg, VA 24501
  • Utilities Included
property at 2461 Rivermont Ave

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

1 Bedroom, 1 Bath Home for Rent

Available Now

2461 Rivermont Ave

LynchburgVA24503

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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1701 12th Street
Studio to 1 Bedroom Apartments

1701 12th Street

1701 12th StLynchburg, VA 24501
  • Utilities Included
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723 Jefferson Street
1 Bedroom Apartments

723 Jefferson Street

723 Jefferson StreetLynchburg, VA 24504
  • Utilities Included
property at 5131 Boonsboro Rd

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

3 Bedroom, 2 Bath Home for Rent

Available Now

5131 Boonsboro Rd

LynchburgVA24503
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Midpoint
1 to 2 Bedroom Apartments

Midpoint

1101 Jefferson StLynchburg, VA 24504
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The Windsor
1 to 2 Bedroom Apartments

The Windsor

200 Cleveland AveLynchburg, VA 24503
  • Utilities Included
property at 1444 Tenbury Dr

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1444 Tenbury Dr

LynchburgVA24501
property at 2202 Hollins Mill Rd

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Condo for Rent

Available Now

2202 Hollins Mill Rd

LynchburgVA24503

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.

Lexington, VA Local Guide

Cheapest Available Lexington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lexington, VA is a 1 Bed unit found at Hillcrest Manor Apartments priced from $700. The Timbers in the Sandusky neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $714. Here is today’s list of the most affordable Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hillcrest Manor Apartments1br1BR,1BA$700
The Timbers1 Bedroom, 1 Bathroom1BR,1BA$714
McCausland Ridge1BR/1.0BA1BR,1BA$750
Craigmont Manor1 Bedroom1BR,1BA$815
500 Euclid Avenue5001BR,1BA$825
Elora Gardens Lynchburg1 Bedroom1BR,1BA$854
Bramblewood Apartments3BR/1.0BA3BR,1BA$880
Rivermont Park1 Bedroom, 1 Bath1BR,1BA$884
1701 12th Street1701 12th Street - 4051BR,1BA$925
Ivy Creek Apartments3BR/1.5BA3BR,1BA$949

Best Value Apartments for Rent in Lexington, VA and Nearby

As of August 23, 2026 the best value apartment in the Lexington area is the $0.96 price per square foot Breezewood Model at Holly Run Apartments in the in the Wyndhurst neighborhood starting from $1,200. The second greatest value Lexington apartment is the 3BR/1.5BA Model at Ivy Creek Apartments starting at $949 with a $0.79 price per square foot in the Sandusky 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.
Holly Run ApartmentsBreezewood2BR,1.5BA$0.96
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.79
Park Place Apartments3BR/Den3BR,2BA$1.12
Huntingwood Apartments3 bd on Lake w w/d3BR,2BA$1.04
County Green Apartment Homes2 Beds, 1.5 baths2BR,1.5BA$0.94
Forestbrook Apartments2 Bed/ 2 Bath2BR,2BA$1.00
Miller's Rest ApartmentsPritchell2BR,2BA$1.12
Bramblewood Apartments2BR/1.0BA2BR,1BA$1.12
Hillcrest Manor Apartments2br2BR,1BA$1.10
McCausland Ridge1BR/1.0BA1BR,1BA$1.07

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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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.

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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

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

The lowest price for a Cheap One Bedroom Lexington Apartment is $700 at Hillcrest Manor 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 $795 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 $880.

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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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.

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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.