Updated 2 Days Ago
Location
295 W 5th St, Lexington, NC 27292, USA
Tour 295 W 5th St
Contact
Four Corners Property Management, LLC
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Amenities for 295 W 5th St
Features
| New Counter Tops | Patio |
| Washer/Dryer Hookups |
Appliances
| Dishwasher | New Appliances |
| Range | Refrigerator |
Neighborhood
| Conveniently Located Near Restaurant and Shopping |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 295 W 5th St
Experience modern, comfortable living in this updated 2 bedroom townhome featuring a new renovated kitchen and bathroom, a spacious 1,100 sq ft layout, and a private patio perfect for outdoor relaxation. The home includes stainless steel kitchen appliances along with in‑home washer and dryer connections for everyday convenience. Located on Salem Street in Lexington, you’re just minutes from shopping, dining, and major road access. Rent is $1,195 with a matching $1,195 deposit, a $40 application fee, and availability beginning 10/02/2026 offering strong value for a refreshed, spacious home in a prime location.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 295 W 5th St compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.2 miles away
- Middle school nearby
- There is a middle school 0.4 miles away
- More space
- The 2-bedroom is 302 sqft larger than other listings nearby
- Outdoor space
- One or more rentals here have easy access to the outdoors
Considerations
- Distance from grocery stores
- The nearest grocery store is 3.8 miles away
- Pet restrictions
- Pets aren't allowed at this location.
Address details
| Zip code | 27292 |
|---|---|
| Type | House for rent |
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Rent trends in Lexington
2-bedroom apartments at 295 W 5th St cost about 9% more than the average rent price for 2-bedroom apartments in Lexington.
Median rents as of Oct 3 2026.
Lexington
| Month | Median Rent |
|---|---|
| October 2024 | $1,048 |
| November 2024 | $1,008 |
| December 2024 | $978 |
| January 2025 | $976 |
| February 2025 | $986 |
| March 2025 | $1,028 |
| April 2025 | $1,100 |
| May 2025 | $1,174 |
| June 2025 | $1,100 |
| July 2025 | $1,096 |
| August 2025 | $1,081 |
| September 2025 | $1,059 |
| October 2025 | $1,091 |
| November 2025 | $1,110 |
| December 2025 | $1,095 |
| January 2026 | $1,093 |
| February 2026 | $1,080 |
| March 2026 | $1,052 |
| April 2026 | $1,051 |
| May 2026 | $1,075 |
| June 2026 | $1,081 |
| July 2026 | $1,074 |
| August 2026 | $1,095 |
| September 2026 | $1,100 |
| October 2026 | $1,100 |
Affordability calculator
Can I afford to live at 295 W 5th St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$47,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $47,800 annually to afford this 2-bedrooms monthly rent price of $1,195.
For more information on rent affordability, visit our rent calculator.
Schools near 295 W 5th St
Pickett Elementary School
200 biesecker rd
lexington, NC, 27295
K-5Public
C+
South Lexington Development Center
1000 cotton grove rd
lexington, NC, 27292
K-12Public
South Lexington Primary School
1000 cotton grove rd
lexington, NC, 27292
PK, KPublic
B+
Davidson County K-12 Virtual Academy
250 county school rd
lexington, NC, 27292
1-8Public
Summit K-8 Virtual Academy
1636 parkview circle
salisbury, NC, 28144
K-8Public
C
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Internet available near 295 W 5th St
Getting around Lexington near 295 W 5th St
Walking
4/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Points of interest for 295 W 5th St, Lexington
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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