Cheap Apartments for Rent in Lexington, VA from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Lexington.

414 Keswick St

418 Keswick St

The Timbers

Hillcrest Manor Apartments

Elora Gardens Lynchburg

Rivermont Park

Craigmont Manor

Princeton Circle West Apartments

Bramblewood Apartments

Walden Pond Apartment Homes

Imperial Tobacco Lofts

Huntingwood Apartments

County Green Apartment Homes

Garland Rodes Apartments

1038 Main St

4904 Mountain Laurel Dr

118 Buckingham Ln
Lexington, VA Local Guide

How much does it cost to rent an apartment in Lexington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lexington Studio Apartments | $892 | $779 | $1,095 |
Lexington 1 Bedroom Apartments | $1,109 | $675 | $2,220 |
Lexington 2 Bedroom Apartments | $1,232 | $770 | $2,323 |
Lexington 3 Bedroom Apartments | $1,538 | $949 | $2,399 |
Lexington 4 Bedroom Apartments | $1,750 | $1,750 | $1,750 |
Browse Top Apartments in Lexington
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Lexington, VA Local Guide
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Cheapest Available Lexington Apartments for Rent and Nearby
 The cheapest available apartment rental in Lexington, VA is a 1 Bed unit found at The Timbers in the Sandusky neighborhood priced from $659. Hillcrest Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Lexington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Timbers | 1 Bedroom, 1 Bathroom | 1BR,1BA | $659 |
Hillcrest Manor Apartments | 1br | 1BR,1BA | $675 |
Rivermont Park | Studio | Studio,1BA | $749 |
Bramblewood Apartments | 2BR/1.0BA | 2BR,1BA | $799 |
Elora Gardens Lynchburg | 2 Bedroom | 2BR,1BA | $830 |
Best Value Apartments for Rent in Lexington, VA and Nearby
As of September 14, 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 Bed 2.5 Bath Model at The Modern starting at $2,000 with a $1.16 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
River Lofts West | 2BR/2.0BA | 2BR,2BA | $0.69 |
The Modern | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.16 |
Walden Pond Apartment Homes | 3 Bedroom with Den | 3BR,2BA | $1.13 |
The Gables of Spring Creek | Ashwood 3rd Floor | 3BR,2BA | $1.14 |
Ivy Creek Apartments | 3BR/1.5BA | 3BR,1.5BA | $0.79 |
River Retreat | 2 Bedroom River View | 2BR,2BA | $1.06 |
Park Place Apartments | 3BR/2BA Renovated | 3BR,2BA | $1.16 |
County Green Apartment Homes | 2 Beds, 1.5 baths | 2BR,1.5BA | $0.90 |
Bramblewood Apartments | 2BR/1.0BA | 2BR,1BA | $1.00 |
Hillcrest Manor Apartments | 2br | 2BR,1BA | $1.06 |
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Pet Friendly LifestyleLexington, VA
Ranked #109
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Lexington, VA
Harrington Waddell Elementary
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 $659 at The Timbers.
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 Ivy Creek Apartments and starts from $949.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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.