How much does it cost to rent an apartment in 24450?
24450 apartments
Bed TypeAverage RentRange
2BR$1,030
$670 - $1,400
3BR$760
$760 - $760
4+BR$4,800
$4,800 - $4,800
Frequently Asked Questions
How many apartments are available in 24450 on Rentable.co?
Rentable.co has 4 apartments available for rent in 24450.
What is the average rent for an apartment in 24450?
The average rent for an apartment in 24450 is around $1,080 per month.
What is the average rent for a two-bedroom apartment in 24450?
The average rent for a two-bedroom apartment in 24450 is around $1,032 per month.
Find an Apartment in 24450
Are you searching for apartments for rent in the 24450 zip code of Lexington, VA? Look no further! Rentable has a variety of rental options available in this area, with a total of 6 units currently on the market. The average rent in 24450 is $1,080, and you can find units starting at $665.
Whether you're looking for a studio, one-bedroom, or larger floor plan, there are options to suit your needs in 24450. From cozy studios to spacious apartments, there's something for everyone. The minimum rent for the most affordable floor plan type is $665.
In addition to its rental offerings, the 24450 area has plenty to offer in terms of nearby amenities and attractions. Within close proximity, you'll find parks, restaurants, and shops, providing convenient access to everything you need.
If you're interested in exploring apartments near 24450 in Lexington, VA, Rentable has a wide selection of listings for you to browse. Start your search today and find the perfect place to call home in 24450.
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 BR2 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.