
Cheap Apartments for Rent in New Lexington, OH from $400 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in New Lexington.


Alexander Yard

Colony Terrace Apartments

Mapleview Terrace Apartments

Frank Cook Senior Housing

Beckford Place

Baltimore Manor

Sater Village Apartments

Kershaw Greene III
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.

Meadowood

Fairfield Studio Apartments

Heathwood Village

Timber Creek Apartments

Colonial Village

Concord Manor Apartments

Oak Valley Apartments

Kershaw Greene I

Waterford Arms
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.

McMillen Woods Apartments

Troon Crossing

The Apartments at Glenwood

The Studios at 123

Summerhouse Square

ACT APARTMENTS ATHENS AND NELSONVILLE

127 W State St

9 Brown Ave

39 Walker
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.

47 1st St

186 W Washington St

120 N Congress St

3451 N River Rd W

Pine Ridge

Munson Crossing

61 1st St

Kershaw Greene II

116 N Congress St
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.

906 Putnam Ave

Sandstone Apartments

420 E Indiana St

Canal Crossing

Riverview Senior Villas

Nelsonville School Commons

338 N Columbus St

15 Arlington Ave

335 Washington Ave
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.

The Lofts at 4 Park Place
New Lexington, OH Local Guide

How much does it cost to rent an apartment in New Lexington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Lexington Studio Apartments | $981 | $720 | $1,375 |
| New Lexington 1 Bedroom Apartments | $1,242 | $500 | $2,335 |
| New Lexington 2 Bedroom Apartments | $1,487 | $595 | $2,470 |
| New Lexington 3 Bedroom Apartments | $1,453 | $770 | $2,095 |
Browse Top Apartments in New Lexington
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New Lexington, OH Local Guide
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Cheapest Available New Lexington Apartments for Rent and Nearby
 The cheapest available apartment rental in New Lexington, OH is a 1 Bed unit found at Colony Terrace Apartments priced from $500. Mapleview Terrace Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $535. Here is today’s list of the most affordable New Lexington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colony Terrace Apartments | 1 Bedroom | 1BR,1BA | $500 |
| Mapleview Terrace Apartments | 1 Bedroom Garden | 1BR,1BA | $535 |
| Kershaw Greene II | 1 bdr | 1BR,1BA | $683 |
| Baltimore Manor | 1 Bed, 1 bath | 1BR,1BA | $750 |
| Sater Village Apartments | 2BR/1BA | 2BR,1BA | $759 |
| Kershaw Greene III | Two Bedroom | 2BR,1BA | $760 |
| Fairfield Studio Apartments | Studio | Studio,1BA | $795 |
| Colonial Village | 1 Bedroom Apartment | 1BR,1BA | $845 |
| Meadowood | A1 | 1BR,1BA | $850 |
Best Value Apartments for Rent in New Lexington, OH and Nearby
As of August 05, 2026 the best value apartment in the New Lexington area is the $0.41 price per square foot 317 N High St Model at 317 N High St in the starting from $650. The second greatest value New Lexington apartment is the 2 Bedroom Model at Nelsonville School Commons starting at $893 with a $0.69 price per square foot . Here is today’s list of the best values for New Lexington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 317 N High St | 317 N High St | 1BR,1BA | $0.41 |
| Nelsonville School Commons | 2 Bedroom | 2BR,1BA | $0.69 |
| 119 s high st, Unit 119 S High St | 119 s high st | 3BR,1BA | $0.88 |
| Kershaw Greene I | 3 bdr | 3BR,2BA | $0.80 |
| Kershaw Greene III | Two Bedroom | 2BR,1BA | $0.87 |
| Sater Village Apartments | 2BR/1BA | 2BR,1BA | $0.99 |
| Baltimore Manor | 1 Bed, 1 bath | 1BR,1BA | $1.13 |
| Kershaw Greene II | 1 bdr | 1BR,1BA | $1.03 |
| Colony Terrace Apartments | 1 Bedroom | 1BR,1BA | $1.05 |
| Mapleview Terrace Apartments | 1 Bedroom Garden | 1BR,1BA | $1.13 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in New Lexington, OH
New Lexington Elementary School
New Lexington High School
New Lexington Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Lexington, OH Rentals by Map
See the most popular apartments and homes in New Lexington, OH
Frequently Asked Questions about Cheap New Lexington Apartments
What is the Cheapest Studio apartment in New Lexington?
Currently the most affordable Cheap Studio Apartment in New Lexington is at Fairfield Studio Apartments listed at $795.
How much is rent for a Cheap One Bedroom New Lexington Apartment?
The lowest price for a Cheap One Bedroom New Lexington Apartment is $500 at Colony Terrace Apartments.
What is the lowest price for a Cheap Two Bedroom New Lexington Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Lexington is starting from $685 at Colony Terrace Apartments.
What is the most affordable New Lexington Three Bedroom Apartment?
The best deal on a cheap New Lexington Three Bedroom Apartment rental is at Mapleview Terrace Apartments and starts from $770.
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

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.

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.