Last updated on June 5, 2026

Average rent in
Lexington, NC

Key takeaways for renters

  • The bottom line

    Lexington, NC rent slipped 15.4% year over year, with a current median of $1,395/month. Renters are paying $79 less per month than last year, continuing a downward trend from the peak of $1,725/month in March 2025.

  • Lexington is 28.5% more affordable than the $1,950/month national median, with 50 total rentals and a mix of housing types. This positions Lexington as an accessible market for renters seeking value.

  • Price ranges

    In Lexington, 1-bedroom units rent for $860/month, 2-bedrooms for $1,100/month, 3-bedrooms for $1,700/month, and 4+ bedrooms for $2,095/month. These figures show a broad range of rents by bedroom count, reflecting diverse options for renters.

  • Neighborhood spotlight

    The 1-bedroom segment held steady year over year, diverging from the citywide decline of 15.4%. Meanwhile, 2-bedroom rents fell 1.8%, 3-bedroom rents fell 2.6%, and 4+ bedroom rents fell 4.8%, all less than the overall market decline. This reveals distinct trends within Lexington's rental market.

Median rent

Median rent in Lexington

$1,395/mo

decreased by15%

vs previous year

The average rent in Lexington is $1,395 per month as of June 2026. This is 28% below the national average rent, or $555 less per month.

$1.27

average price per square foot

Total rentals

Available rentals in Lexington

50

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Lexington rentals at each price point

55%41%28%14%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 decreased by 4% over the last month and have decreased by 15% 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 $1,050, whereas a house costs $1,730. 1-bedroom apartments in Lexington run $945 on average, while 2-bedroom apartments are $1,100.

Listings

1 bedroom

$860

2%

5%

2 bedroom

$1,100

3%

8%

3 bedroom

$1,700

No Change

4%

4 bedroom

$2,095

No Change

8%

1 bedroom

Average rent

$860

Last 30 days

2%

Last year

5%

2 bedroom

Average rent

$1,100

Last 30 days

3%

Last year

8%

3 bedroom

Average rent

$1,700

Last 30 days

No Change

Last year

4%

4 bedroom

Average rent

$2,095

Last 30 days

No Change

Last year

8%

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$1,395
decreased by28%

lower than the national median

Median rent price$1,075
decreased by45%

lower than the national median

Takeaway

The median rent for all rentals in Lexington, NC is 30% 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 & Services5% lower
Groceries4% lower
Health264% higher
Housing39% lower
Transportation12% lower
Utilities8% lower

Discover rentals in Lexington, NC

32 Random Dr #N - Photo 1 of 1

5d+ ago

Apartment for rent in Lexington

Apartment

32 Random Dr #N, Lexington, NC 27292

2 beds

1 bath

$850

Apartment for rent

Salem Crossing II - Photo 1 of 1

5h ago

8.5

Very good

Salem Crossing II

420 Salem St, Lexington, NC 27292

2 beds

1 bath

$875

Apartment for rent

White Street - Photo 1 of 1

1d ago

8.4

Very good

White Street

1305 White St, Lexington, NC 27295

2 beds

1 bath

$875

Apartment for rent

Lexington Park Apartments - Photo 1 of 1

1d ago

8.3

Very good

Lexington Park Apartments

154 Hill Everhart Rd, Lexington, NC 27295

1–2 beds

1–2 baths

$895–$1,100

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 $1,395 per month as of June 4, 2026.

Is rent up or down in Lexington?

Average rent prices in Lexington have decreased by 4% over the last month and have decreased by 15% since last year.

How does Lexington rent compare to the national average?

Rent in Lexington is 28% below the national average, which means renters are paying approximately $555 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 $56,000/year, based on spending no more than 30% of your income on rent.

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

One-bedroom apartments in Lexington averaged around $870 per month in 2025, while two-bedroom units averaged around $1,100 per month. Both apartment types saw increases from the previous year, with one-bedrooms up 6.0% and two-bedrooms rising 4.0%.

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).

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