Cheap Apartments for Rent in Lexington, VA from $500 (26 Rentals)

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Maury River Place
1 to 2 Bedroom Apartments

Maury River Place

60 Willow Springs RdLexington, VA 24450
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Midtown on 12th
Studio to 1 Bedroom Apartments

Midtown on 12th

1701 12th StLynchburg, VA 24501
  • Utilities Included
Showing Results 1-26, Page 1 of 1

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 $675. Miller's Rest Apartments in the Wyndhurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $679. Here is today’s list of the most affordable Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hillcrest Manor Apartments1br1BR,1BA$675
Miller's Rest ApartmentsTrundle1BR,1BA$679
Elora Gardens Lynchburg1 Bedroom1BR,1BA$696
Bramblewood Apartments2BR/1.0BA2BR,1BA$799
500 Euclid AvenueStudio - 500 Euclid1BR,1BA$850
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$859
Midtown Lofts1 Bed 1 Bath1BR,1BA$895
Huntingwood Apartments2 Beds, 1 bath2BR,1BA$925
Forestbrook Apartments2 Bed/ 2 Bath2BR,2BA$925
The Westie in Madison Heights1 BR1BR,1BA$935

Best Value Apartments for Rent in Lexington, VA and Nearby

As of July 30, 2025 the best value apartment in the Lexington area is the $0.69 price per square foot 2BR/2.0BA Model at River Lofts West in the in the College Hill neighborhood starting from $1,240. The second greatest value Lexington apartment is the 3 Beds, 2 baths Model at County Green Apartment Homes starting at $1,245 with a $0.96 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.
River Lofts West2BR/2.0BA2BR,2BA$0.69
County Green Apartment Homes3 Beds, 2 baths3BR,2BA$0.96
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.79
Park Place Apartments2BR/2BA Renovated2BR,2BA$0.98
Forestbrook Apartments2 Bed/ 2 Bath2BR,2BA$0.91
Huntingwood Apartments2 Beds, 1 bath2BR,1BA$1.00
The Timbers2 Bedroom, 1 Bathroom2BR,1BA$0.98
Bramblewood Apartments2BR/1.0BA2BR,1BA$1.00
Hillcrest Manor Apartments2br2BR,1BA$1.06
Miller's Rest ApartmentsTrundle1BR,1BA$0.96

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Pet Friendly Lifestyle
Lexington, VA

Ranked #33

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Lexington, VA

School data provided by Great Schools

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

Explore Lexington, VA Rentals by Map

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Getting Around Lexington, VA

Walk Score®

39 / 100

Car-Dependent

Most errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $675 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 $770 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 Miller's Rest Apartments and starts from $925.

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 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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.