Last updated on September 18, 2026

Average rent in
Washington and Lee University, VA

Median rent

Median rent in Lexington

$1,487/mo

The average rent in Lexington is $1,487 per month as of September 2026. This is 22% below the national average rent, or $412 less per month.

$1.10

average price per square foot

Total rentals

Available rentals in Lexington

8

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Lexington rentals at each price point

65%49%33%16%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Washington and Lee University, VA, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Washington and Lee University, VA

At this time, we don't have enough information to generate yearly trends for all bedroom counts and property types in Lexington. Please see below for more rent price details.

Rent trends

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

Compare rent prices in Washington and Lee University, VA

Rent prices in Lexington vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lexington is $1,475, whereas a house costs $1,500. 1-bedroom apartments in Lexington run $850 on average, while 2-bedroom apartments are $1,475.

Listings

1 bedroom

$850

-

-

2 bedroom

$1,475

-

-

3 bedroom

$1,650

-

-

4 bedroom

$2,400

-

-

1 bedroom

Average rent

$850

2 bedroom

Average rent

$1,475

3 bedroom

Average rent

$1,650

4 bedroom

Average rent

$2,400

The table above reflects average rent prices in Washington and Lee University, VA, 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.

Discover rentals in Washington and Lee University, VA

221 E 40th St - Photo 1 of 1

5d+ ago

House for rent in Buena Vista

2 beds

1 bath

$1,200

625 E 14th St #NA - Photo 1 of 1

5d+ ago

House for rent in Buena Vista

3 beds

1 bath

$1,400

215 Taylor St - Photo 1 of 1

5d+ ago

House for rent in Lexington

3 beds

3 baths

$1,650

32 Furrs Mill Rd - Photo 1 of 1

5d+ ago

House for rent in Lexington

4 beds

2 baths

$2,400

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 Washington and Lee University, VA

Quick answers to common questions about the Lexington rental market.

How much is rent in Lexington?

The average rent in Lexington is $1,487 per month as of September 12, 2026.

How does Lexington rent compare to the national average?

Rent in Lexington is 22% below the national average, which means renters are paying approximately $412 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 $60,000/year, based on spending no more than 30% of your income on rent.

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).