Zumper
modified
1 Day Ago

Highlights

  • Spacious walk-in closet
  • Additional storage space

Location

516 Borden Rd, Lexington, VA 24450, USA
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Tour Borden Road, 516

Contact

Management

H and K Properties, Inc.

Leasing office

(540) 464-3922

Floor plans

1BR/1.0BA1 bed1 bath$1,350 /mo1 unit availableExperience the convenience and comfort of living in this one-bedroom, one-bathroom apartment located in Lexington. Just a stone's throw away from the prestigious institution, Washington and Lee, making it an ideal location for those seeking proximity to the school. The apartment boasts a spacious walk-in closet, providing ample storage for your belongings. A garage is included, offering secure parking and additional storage space. One of the standout features of this apartment is that the water bill is included in the rent, providing you with one less thing to worry about. Enjoy the blend of comfort, convenience, and practicality that this apartment offers. Owner licensed VA Realtor **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.

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Amenities for Borden Road, 516

Apartment Amenities

Walk-in ClosetWater Included In Rent

Appliances

DishwasherIn-Unit Laundry
MicrowaveRange
StoveWasher and Dryer

Grounds

Garage Parking
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

Parking Policy

Garage Parking

Questions about this property’s policies and fees?

Building details

Property details

Units2
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About Borden Road, 516

Home Borden Road, 516

Experience the convenience and comfort of living in this one-bedroom, one-bathroom apartment located in Lexington. Just a stone's throw away from the prestigious institution, Washington and Lee, making it an ideal location for those seeking proximity to the school. The apartment boasts a spacious walk-in closet, providing ample storage for your belongings. A garage is included, offering secure parking and additional storage space. One of the standout features of this apartment is that the water bill is included in the rent, providing you with one less thing to worry about. Enjoy the blend of comfort, convenience, and practicality that this apartment offers. Owner licensed VA Realtor **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.


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Rent trends in Lexington

1-bedroom apartments at Borden Road, 516 cost about 29% more than the average rent price for 1-bedroom apartments in Lexington.

Median rents as of Jun 14 2025.
Lexington
A table of 1-bedroom apartment rental data trends in Lexington
MonthMedian Rent
March 2024$809
April 2024$958
June 2024$850
March 2025$925
April 2025$1,100
May 2025$1,140
June 2025$1,075

Affordability calculator

Can I afford to live at 516 Borden Rd?

Bedrooms

1 bedroom

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

$54,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $54,000 annually to afford this 1-bedroom monthly rent price of $1,350.
For more information on rent affordability, visit our rent calculator.

Schools near Borden Road, 516

Harrington Waddell Elementary School

100 pendleton pl

lexington, VA, 24450

K-5Public
A
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Internet available near Borden Road, 516

Getting around Lexington near 516 Borden Rd

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

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

1/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 516 Borden Rd, Lexington

Groceries

2/10
At least one supermarket within a 30-minute walk

Shopping

2/10
Some shops within walking distance

Cafes

4/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 20-minute walk

High schools

2/10
At least one high school within a 30-minute walk

Nightlife

3/10
Some bars within walking distance

Explore the area around 516 Borden Rd

Kroger
422 E Nelson St
Cattlemen's Market
538 E Nelson St
Food Lion
84 E Midland Trl
Walmart Supercenter
1233 N Lee Hwy
Food Lion
2150 E Midland Trl

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