Cheap Homes for Rent in Lexington, VA from $650 (12 Rentals)

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

property at 60 Deer Crossing Ln
$650

Total Monthly Price

Base Rent$650

Total Monthly Price$650
12 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Now

60 Deer Crossing Ln

LexingtonVA24450
property at 2461 Rivermont Ave
$895

Total Monthly Price

Base Rent$895

Total Monthly Price$895
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

2461 Rivermont Ave

LynchburgVA24503
property at 1337 Pine Ave
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
2 Bedroom, 1 Bath Home for Rent
Available Now

1337 Pine Ave

Buena VistaVA24416
property at 1444 Tenbury Dr
$995

Total Monthly Price

Base Rent$995

Total Monthly Price$995
2 Bedroom, 1 Bath Townhome for Rent
Available Oct 2
Affordability

1444 Tenbury Dr

LynchburgVA24501
property at 5131 Boonsboro Rd
$995

Total Monthly Price

Base Rent$995

Total Monthly Price$995
3 Bedroom, 2 Bath Home for Rent
Available Now
Affordability

5131 Boonsboro Rd

LynchburgVA24503
property at 2940 Rivermont Ave
$1,050

Total Monthly Price

Base Rent$1,050

Total Monthly Price$1,050
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

2940 Rivermont Ave

LynchburgVA24503

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property at 2528 Old Forest Rd
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
12 Month Lease Term
2 Bedroom, 2.5 Bath Townhome for Rent
Available Nov 5
Cost Per Sq.Ft.

2528 Old Forest Rd

LynchburgVA24501
property at 457 Steeles Fort Rd
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
2 Bedroom, 1 Bath Townhome for Rent
Available Oct 1

457 Steeles Fort Rd

RaphineVA24472
property at 135 Irvington Springs Rd
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
2 Bedroom, 1 Bath Home for Rent
Available Sep 15
Affordability

135 Irvington Springs Rd

LynchburgVA24503
property at 1476 Tenbury Dr
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

1476 Tenbury Dr

LynchburgVA24501
property at 127 Holmes Cir
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
3 Bedroom, 1.5 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

127 Holmes Cir

LynchburgVA24501
property at 441 Steeles Fort Rd
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
2 Bedroom, 1 Bath Townhome for Rent
Available Now

441 Steeles Fort Rd

RaphineVA24472

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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
Bramblewood Apartments2BR/1.0BA2BR,1BA$849

Best Value Apartments for Rent in Lexington, VA and Nearby

As of September 11, 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
Mill's Crossing2 Bedroom2BR,2BA$0.99
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
Huntingwood Apartments2 bd2BR,1BA$1.08
Bramblewood Apartments2BR/1.0BA2BR,1BA$1.06
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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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Lexington

What type of rentals are currently available in Lexington?

There are currently 70 Apartments for Rent in Lexington, VA with pricing that ranges from $684 to $2,381. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lexington ranging from $650 to $3,200.

What is the current price range for Rental Homes in Lexington?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lexington ranges from $650 to $3,200 with an average monthly rent of $1,725.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.