Last updated on July 21, 2026

Average rent in
Lexington, NC

Key takeaways for renters

  • The bottom line

    Lexington, NC rent slipped 24.9% year over year, with a current median of $1,198/month. Renters today are paying $93 less per month on average than last year, though rent ticked up 3.9% month over month recently after a longer cooldown.

  • Lexington is 38.4% more affordable than the $1,945/month national median, with a total rental inventory of 53 units offering limited but lower-cost options for renters.

  • Rent ranges by bedroom

    In Lexington, 1-bedroom units rent for $925/month, 2-bedrooms for $1,075/month, 3-bedrooms for $1,849/month, and 4+ bedrooms for $2,165/month. The 3-bedroom segment rose 9.1% year over year, diverging from the citywide decline.

  • Neighborhood spotlight

    The 1-bedroom segment in Lexington rose 4.5% year over year, contrasting with the citywide rent decline. Similarly, 2-bedroom and 4+ bedroom segments also diverged positively, showing varied trends across bedroom types.

Median rent

Median rent in Lexington

$1,197/mo

decreased by25%

vs previous year

The average rent in Lexington is $1,197 per month as of July 2026. This is 38% below the national average rent, or $747 less per month.

$1.13

average price per square foot

Total rentals

Available rentals in Lexington

53

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Lexington rentals at each price point

65%49%33%16%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Lexington, NC

Average rent prices in Lexington have increased by 4% over the last month and have decreased by 25% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Lexington, NC

Rent prices in Lexington vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lexington is $1,025, whereas a house costs $1,829. 1-bedroom apartments in Lexington run $950 on average, while 2-bedroom apartments are $1,050.

Listings

1 bedroom

$925

8%

22%

2 bedroom

$1,075

No Change

4%

3 bedroom

$1,849

No Change

11%

4 bedroom

$2,165

6%

4%

1 bedroom

Average rent

$925

Last 30 days

8%

Last year

22%

2 bedroom

Average rent

$1,075

Last 30 days

No Change

Last year

4%

3 bedroom

Average rent

$1,849

Last 30 days

No Change

Last year

11%

4 bedroom

Average rent

$2,165

Last 30 days

6%

Last year

4%

The table above reflects average rent prices in Lexington, NC, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Lexington, NC compare to other cities?

Compare median rent prices in Lexington and Archdale by all bedroom counts and property types.

Lexington

Median rent price$1,197
decreased by38%

lower than the national median

Median rent price$1,127
decreased by42%

lower than the national median

Takeaway

The median rent for all rentals in Lexington, NC is 6% higher than the median rent in Archdale, NC.

Cost of living in Lexington, NC

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses
accrued by most renters
Average cost
compared to national average
Goods & Services2% lower
Groceries5% lower
Health16% higher
Housing37% lower
Transportation22% lower
Utilities2% lower

Discover rentals in Lexington, NC

64 Random Dr - Photo 1 of 1

5d+ ago

8.4

Very good

64 Random Dr

64 Random Dr, Lexington, NC 27292

2 beds

1 bath

$800

Apartment for rent

Bookington - Photo 1 of 1

4d ago

8.3

Very good

Bookington

208 Bookington Dr, Lexington, NC 27292

2 beds

1 bath

$850

Apartment for rent

Salem Crossing II - Photo 1 of 1

4d ago

8.5

Very good

Salem Crossing II

420 Salem St, Lexington, NC 27292

2 beds

1 bath

$875

Apartment for rent

150 MLK - Photo 1 of 1

4d ago

8.3

Very good

150 MLK

150 Martin Luther King Jr Blvd, Lexington, NC 27292

2 beds

1 bath

$875

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Lexington, NC

Quick answers to common questions about the Lexington rental market.

How much is rent in Lexington?

The average rent in Lexington is $1,197 per month as of July 18, 2026.

Is rent up or down in Lexington?

Average rent prices in Lexington have increased by 4% over the last month and have decreased by 25% since last year.

How does Lexington rent compare to the national average?

Rent in Lexington is 38% below the national average, which means renters are paying approximately $747 less per month.

What salary do I need to afford rent in Lexington?

To comfortably afford rent in Lexington, you'd need to earn approximately $48,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Lexington?

Based on Zumper's July 2026 data, one-bedroom apartments in Lexington average around $900/month and two-bedrooms approximately $1,090/month.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Belmont