Cheap Apartments for Rent in Lexington, VA from $600 (48 Rentals)

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

property at 308 S Jefferson St

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

308 S Jefferson St

LexingtonVA24450
property at 67 Old Buena Vista Rd

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

67 Old Buena Vista Rd

LexingtonVA24450
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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 116 1/2 Houston St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

116 1/2 Houston St

LexingtonVA24450

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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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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  • Customer Reviewed
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Bramblewood Apartments
$849 - $1,064
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$849 - $1,064

Total Monthly Price
$849 - $1,064
2 to 3 Bedroom Apartments Available Now

Bramblewood Apartments

3300 Old Forest RdLynchburg, VA 24501
Affordability
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  • 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
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  • Customer Reviewed
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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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Overlook Ridge
$902 - $1,325
Total Monthly Price

Total Monthly Price

Base Rent
$902 - $1,325

Total Monthly Price
$902 - $1,325
2 to 3 Bedroom Apartments Contact Us For Availability

Overlook Ridge

21 Montague CtStuarts Draft, VA 24477
Cost Per Sq.Ft.
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  • Low Income
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Imperial Tobacco Lofts
$979
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$880
Required Monthly Fees
$99

Total Monthly Price
$979
1 Bedroom Apartments Contact Us For Availability

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
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  • 3D Tour
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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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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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The Westie
Rent Specials
$1,070 - $1,240
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995 - $1,165
Required Monthly Fees
$75

Total Monthly Price
$1,070 - $1,240
1 Bedroom Apartments Available Now

The Westie

123 Phelps RdMadison Heights, VA 24572
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  • Customer Reviewed
property at 117 Williams Rd

$535

Total Monthly Price

Total Monthly Price

Base Rent
$535

Total Monthly Price
$535

1 Bedroom, 1 Bath Townhome for Rent

Available Aug 7

117 Williams Rd

Madison HeightsVA24572

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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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 915 Woodland Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

915 Woodland Ave

Buena VistaVA24416
property at 231 E 28th St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

231 E 28th St

Buena VistaVA24416
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723 Jefferson Street
1 Bedroom Apartments

723 Jefferson Street

723 Jefferson StreetLynchburg, VA 24504
  • Utilities Included
property at 1266 Oak Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Apr 18

1266 Oak Ave

Buena VistaVA24416
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Factory 88
1 Bedroom Apartments

Factory 88

320 12th StLynchburg, VA 24504
  • Utilities Included

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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The Windsor
1 to 2 Bedroom Apartments

The Windsor

200 Cleveland AveLynchburg, VA 24503
  • Utilities Included
property at 1308 Maple Ave

$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 Now

1308 Maple Ave

Buena VistaVA24416

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 $679. Elora Gardens Lynchburg in the Tate Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $696. Here is today’s list of the most affordable Lexington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Miller's Rest ApartmentsRhine1BR,1BA$679
Elora Gardens Lynchburg1 Bedroom1BR,1BA$696
Hillcrest Manor Apartments1br1BR,1BA$700
The Timbers1 Bedroom, 1 Bathroom1BR,1BA$714
Craigmont Manor1 Bedroom1BR,1BA$815
Bramblewood Apartments2BR/1.0BA2BR,1BA$849
Rivermont ParkStudioStudio,1BA$859
Walden Pond Apartment Homes1 Bedroom1BR,1BA$891
Church Street Townhomes1 Bedroom, 1 Bathroom1BR,1BA$895
Huntingwood Apartments2 bd2BR,1BA$970

Best Value Apartments for Rent in Lexington, VA

As of April 10, 2026 the best value apartment in the Lexington area is the $0.81 price per square foot 2BR/2.0BA Model at River Lofts West in the in the College Hill neighborhood starting from $1,445. The second greatest value Lexington apartment is the 128 Brenleigh 3bed Model at 128 Brenleigh Ct starting at $1,695 with a $1.15 price per square foot in the Montview 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$0.81
128 Brenleigh Ct128 Brenleigh 3bed3BR,2BA$1.15
Ivy Creek Apartments3BR/1.5BA3BR,1.5BA$0.83
Piedmont Flour Mill LoftsOne Bedroom1BR,1BA$0.92
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
Huntingwood Apartments2 bd2BR,1BA$1.05
Bramblewood Apartments3BR/1.0BA3BR,1BA$1.11
Hillcrest Manor Apartments1br1BR,1BA$1.08

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick 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.

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

Explore Lexington, VA Rentals by Map

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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 $679 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 Miller's Rest Apartments and starts from $925.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.