Zumper
modified
2 Days Ago

Highlights

  • Pet Friendly

Location

1 Buchanan Pl, Lexington, VA 24450, USA
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Contact

Management

H and K Properties, Inc.

Leasing office

(540) 464-3922

Property Overview

Buchanan Place, 1 receives an impressive overall Zumper expert rating of 8.8, highlighting its attractiveness for renters. It features top-tier amenities and a perfect price rating of 10, indicating excellent value for money. Additionally, its prime location, rated 9 out of 10, offers easy access to key points of interest, while a trustworthiness score of 8 showcases its transparent management.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.4
Very Good
With a solid 8.4 out of 10 overall, Buchanan Place, 1 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Buchanan Place, 1 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive

Floor plans

1BR/1.0BA1 bed1 bath$950 /mo1 unit availableWelcome to our newly renovated apartment in Lexington, VA. This luxurious unit boasts modern amenities such as off-street parking, a private patio, and a washer and dryer for your convenience. Located within walking distance to the Universities, this apartment offers the perfect blend of comfort and convenience. With luxury vinyl flooring throughout, this unit is both stylish and easy to maintain. Don't miss out on the opportunity to make this apartment your new home sweet home. Pets are negotiable on a case by case basis. **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 Buchanan Place, 1

Building

Cats OKDogs OK
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

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Units2
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About Buchanan Place, 1

Home Buchanan Place, 1

Welcome to our newly renovated apartment in Lexington, VA. This luxurious unit boasts modern amenities such as off-street parking, a private patio, and a washer and dryer for your convenience. Located within walking distance to the Universities, this apartment offers the perfect blend of comfort and convenience. With luxury vinyl flooring throughout, this unit is both stylish and easy to maintain. Don't miss out on the opportunity to make this apartment your new home sweet home. Pets are negotiable on a case by case basis. **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.**


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, Buchanan Place, 1 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Buchanan Place, 1 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Buchanan Place, 1
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Buchanan Place, 1 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Buchanan Place, 1 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Buchanan Place, 1 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Buchanan Place, 1 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

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 Buchanan Place, 1 compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby

Considerations

Greater distance from high schools
The nearest high school is farther than 2 miles away
Lacks images
Fewer than 10 photos available for this location
No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Lexington

1-bedroom apartments at Buchanan Place, 1 cost about 17% less than the average rent price for 1-bedroom apartments in Lexington.

Median rents as of Mar 7 2026.
Lexington
A table of 1-bedroom apartment rental data trends in Lexington
MonthMedian Rent
March 2024$844
April 2024$958
June 2024$850
March 2025$925
April 2025$1,100
May 2025$1,140
June 2025$1,075
February 2026$1,100
March 2026$1,150

Affordability calculator

Can I afford to live at 1 Buchanan Pl?

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

$38,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $38,000 annually to afford this 1-bedroom monthly rent price of $950.
For more information on rent affordability, visit our rent calculator.

Schools near Buchanan Place, 1

Harrington Waddell Elementary School

100 pendleton pl

lexington, VA, 24450

K-5Public
A
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Internet available near Buchanan Place, 1

Getting around Lexington near 1 Buchanan Pl

Walking

4/10
Some shops and stores are within a few minutes.

Driving

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

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 1 Buchanan Pl, Lexington

Groceries

6/10
At least one supermarket within a 15-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Nightlife

4/10
Some bars within walking distance

Explore the area around 1 Buchanan Pl

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

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