Apartments in Lexington

1 - 6 of 6 Results
11
$4,800
35 Lone Star Ln Lexington, VA
6 BR | Jun. 1, 2027
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10
$4,800
45 Lone Star Ln Lexington, VA
6 BR | Jun. 1, 2025
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1
$2,500
65 Trimmer Trl Lexington, VA
2 BR | Available Now
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$1,250
550 Borden Rd Lexington, VA
2 BR | Available Now
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$850
517 1/2 S Main St Lexington, VA
1 BR | Nov. 25, 2024
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$900
26 Hook Ln Lexington, VA
2 BR | Jan. 1, 2025
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How much does it cost to rent an apartment in Lexington?

Lexington Apartments
Bed Type Average Rent Range
2BR $1,250 $900 - $2,500
4+BR $4,800 $4,800 - $4,800

Search Cities Near Lexington, VA

Lexington:
November Rent Report

Welcome to the November 2024 Lexington Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Lexington rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Lexington and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Lexington average rent prices in the chart below.

Monthly Rent Report

$1,500
$1,130
$750
$380
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Lexington Rent Prices Decrease From October to November

Lexington rent prices decreased over the last month. From October to November, the city experienced a -8.25% decrease for the price of a one-bedroom apartment. The rent price for a Lexington one-bedroom apartments currently stands at $1,101.0.

When we take a look at the two-bedroom comparison from October to November, Lexington experienced a 2.45% increase for the price of a two-bedroom apartment. The rent price for a Lexington two-bedroom apartments currently stands at $1,421.0.

November Prices: Lexington vs. Surrounding Areas

Rent Prices in Lexington and Surrounding Areas

Rent prices have decreased in Lexington over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Lexington suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Lexington suburbs

  • Rents did not decrease in any of the Lexington suburbs.

November 2024 Pricing Trends: Lexington vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Lexington Rent Prices More Affordable Than Major Cities

Rent growth in Lexington over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Lexington average rent prices appear to be relatively affordable for local residents.

The price for a Lexington one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Lexington and surrounding area rent prices, take a look at the complete data set below.

Data set for Lexington and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.