Last updated on September 4, 2026

Average rent in
Lexington, NC

Key takeaways for renters

  • The bottom line

    Lexington, NC rent fell 22.8% year over year to a current median of $1,195/month. Renters are paying $196 less per month on average than last year, continuing a downward trend since the peak of $1,725/month in March 2025.

  • Lexington is 37.4% more affordable than the $1,910/month national median, with a smaller inventory of 62 total rentals available to renters. This positions Lexington as a more accessible market for renters seeking value.

  • Rent ranges by bedroom

    One-bedroom units in Lexington have a median rent of $898/month, two-bedrooms $1,100/month, three-bedrooms $1,735/month, and four-plus bedrooms $2,200/month. These figures reflect the range of rents by bedroom count across the city.

  • Neighborhood spotlight

    The one-bedroom segment in Lexington rose 8.8% year over year, diverging from the citywide decline of 22.8%. This indicates a distinct upward trend for smaller units despite the overall market softening.

Median rent

Median rent in Lexington

$1,195/mo

decreased by23%

vs previous year

The average rent in Lexington is $1,195 per month as of August 2026. This is 37% below the national average rent, or $715 less per month.

$1.14

average price per square foot

Total rentals

Available rentals in Lexington

62

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Lexington rentals at each price point

60%45%30%15%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 5% over the last month and have decreased by 23% 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 $1,765. 1-bedroom apartments in Lexington run $925 on average, while 2-bedroom apartments are $1,100.

Listings

1 bedroom

$897

8%

No Change

2 bedroom

$1,100

1%

3%

3 bedroom

$1,735

8%

No Change

4 bedroom

$2,200

1%

2%

1 bedroom

Average rent

$897

Last 30 days

8%

Last year

No Change

2 bedroom

Average rent

$1,100

Last 30 days

1%

Last year

3%

3 bedroom

Average rent

$1,735

Last 30 days

8%

Last year

No Change

4 bedroom

Average rent

$2,200

Last 30 days

1%

Last year

2%

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$1,195
decreased by37%

lower than the national median

Median rent price$1,087
decreased by43%

lower than the national median

Takeaway

The median rent for all rentals in Lexington, NC is 10% 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

208 S Lexington Dr - Photo 1 of 1

1m ago

House for rent in Lexington

2 beds

1 bath

$1,149

$799

Price drop

House for rent

Available Aug 6

40 Random Dr - Photo 1 of 1

3d ago

7.8

Very good

40 Random Dr

40 Random Dr, Lexington, NC 27292

2 beds

1 bath

$800

Apartment for rent

110 Mendota Ave - Photo 1 of 1

2d ago

Condo for rent in Lexington

2 beds

1 bath

$845

Condo for rent

Available May 25

603 Robbins St - Photo 1 of 1

1m ago

House for rent in Lexington

2 beds

1 bath

$1,175

$849

Price drop

House for rent

Available Aug 4

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 $1,195 per month as of August 29, 2026.

Is rent up or down in Lexington?

Average rent prices in Lexington have decreased by 5% over the last month and have decreased by 23% since last year.

How does Lexington rent compare to the national average?

Rent in Lexington is 37% below the national average, which means renters are paying approximately $715 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?

August offers the best rental deals in Lexington, with rents running about 34% lower than the peak pricing in May.

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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