Zumper
modified
5+ Days Ago

Highlights

  • Washer and dryer
  • Sizable bedrooms
  • Dining area
  • Living room
  • Bathrooms

Location

550 Borden Road #A1, Lexington, Virginia 24450, United States

Tour 550 Borden Road #A1

Contact

Howard Hanna - VA

(757) 499-5688

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 550 Borden Road #A1

Home 550 Borden Road #A1, Lexington, Virginia 24450, United States

2 bedroom, 2 bathroom condo in Borden Commons. This property offers a living room, dining area, kitchen, and sizable bedrooms with bathrooms. A porch with accessed from the living room, provides natural light, a private outdoor space, and additional storage. Unit is located on the ground level with convenient access to parking and common spaces. Washer and dryer are within the unit. Located just minutes from Washington & Lee University, Virginia Military Institute, and Historic Downtown Lexington.


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 550 Borden Rd, Lexington, VA 24450, USA compares to other nearby properties.

Considerations

Greater distance from high schools
The nearest high school is farther than 2 miles away

Address details

Zip code24450
TypeCondo for rent

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Rent trends in Lexington

2-bedroom apartments at 550 Borden Road #A1 cost about 13% less than the average rent price for 2-bedroom apartments in Lexington.

Median rents as of Nov 22 2025.
Lexington
A table of 2-bedroom apartment rental data trends in Lexington
MonthMedian Rent
March 2024$1,000
April 2024$1,028
May 2024$1,083
June 2024$1,102
July 2024$1,112
November 2024$1,275
December 2024$1,400
January 2025$1,400
February 2025$1,475
March 2025$1,462
April 2025$1,337
May 2025$1,330
June 2025$1,234
July 2025$1,381
November 2025$1,475

Affordability calculator

Can I afford to live at 550 Borden Road #A1?

Bedrooms

2 bedrooms

Rent-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

$52,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 2-bedrooms monthly rent price of $1,300.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 550 Borden Road, Lexington, VA.
7 months ago$1,2002 bed2 bath
1 year ago$1,2502 bed2 bath
1 year ago$1,0001 bed1 bath
3 years ago$8752 bed1 bath
3 years ago$8752 bed1 bath
4 years ago$1,0001 bed1 bath
4 years ago$1,0002 bed2 bath
4 years ago$1,0001 bed1 bath
4 years ago$1,0002 bed2 bath

Schools near 550 Borden Road #A1

Central Elementary School

85 central rd

lexington, VA, 24450

PK, K-5Public
C+
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Internet available near 550 Borden Road #A1

Getting around Lexington near 550 Borden Road #A1

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 550 Borden Road #A1, Lexington

Groceries

2/10
Closest supermarket further than a 30-minute walk

Shopping

2/10
Some shops within walking distance

Cafes

3/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

3/10
At least one elementary school within a 30-minute walk

High schools

1/10
Closest high school further than a 30-minute walk

Nightlife

2/10
Few or no bars within walking distance

Other units at this address

550 Borden Rd Lexington, VA

Occupied

B11

1 Bed

1 Bath

$800

Listed by Leasing Office
Days on market: 1391
!BR, 1 Ba Condo at Borden Commons - central AC and W/D included - ! BR, 1 Ba Condo in Borden Commons close to W&L . Central heat and AC, dishwasher, washer and dryer No Pets Allowed

Occupied

12

1 Bed

1 Bath

$800

Listed by Kristy Higgins
Days on market: 1960
Charming 1 bedroom , 1 bath , living room , with deck , comes with washer, dryer, stove, fridge, range. walking distance to W&L

Occupied

1 Bed, 1 Bath

1 Bed

1 Bath

$1,000

Listed by Kristy Higgins
Days on market: 2163
1 bedroom 1 bath ,washer, dryer, stove, dishwasher, microwave, fridge. Close to W7L walking distance to town great location new paint new floor an appliances a must see

Occupied

Apt B1

1 Bed

1 Bath

$1,000

Listed by Kristy Higgins
Days on market: 1035
1 bedroom has new hard wood floors thru out the place, and new bathroom, its been freshly painted and very spacious comes with washer and dryer, stove , fridge, dishwasher and walking distance to W&L. No Pets Lawn care provided

Occupied

B1BUILDING

1 Bed

1 Bath

$1,000

Days on market: 1786
1 bedroom has new hard wood floors thru out the place, and new bathroom, very spacious comes with washer and dryer, stove , fridge, dishwasher and walking distance to W&L. No Pets

Occupied

A12

2 Beds

1 Bath

$875

Days on market: 1222
Lots of space and walking distance to W&l

Occupied

A12

2 Beds

1 Bath

$1,000

Listed by Kristy Higgins
Days on market: 566
Lots of space and walking distance to W&l

Occupied

Apt 6

2 Beds

2 Baths

$1,000

Listed by Kristy Higgins
Days on market: 1035
2 bedroom new paint new carpet ready for move in

Occupied

A6

2 Beds

2 Baths

$1,000

Days on market: 1786
2 bedroom new paint new carpet ready for move in

Occupied

2 Beds, 2 Baths

2 Beds

2 Baths

$1,200

Listed by Condo Located at Borden Commons
Days on market: 229
Located in the charming town of Lexington. Situated just minutes away from the W&L Law School. With plenty of parking available, you'll never have to worry about finding a spot. Enjoy the fresh air on your own private balcony or patio. Plus, with Downtown Lexington minutes away, you'll have easy access to shopping, dining, and entertainment. New flooring will be installed. **All properties managed by H and K Properties, Inc. are enrolled in the Resident Benefits Package (RBP) for $39.00/month which includes liability insurance, credit building to help boost resident’s credit score with timely rent payments, HVAC air filter delivery (for applicable properties), move-in concierge services making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program and much more! More details upon application.**

Occupied

#A-6

2 Beds

2 Baths

$1,250

Listed by Condo at Borden Commons
Days on market: 391
Welcome to Borden Commons located in the charming town of Lexington. This cozy 2-bedroom, 2-bathroom condo is situated just minutes away from the W&L Law School. With plenty of parking available, you'll never have to worry about finding a spot. Enjoy the fresh air on your own private deck. Plus, with Downtown Lexington minutes away, you'll have easy access to shopping, dining, and entertainment.

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