What's the average rent in Lexington, VA?

Rental Market Trends in Lexington, VA

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Lexington, VA is $2,081 per month, which is 6% higher than the national average rent of $1,965 per month.

AVERAGE RENT

$2,081
15.6%
$281 increase month-over-month
4.3%
$86 increase year-over-year

AVAILABLE RENTALS

23

APARTMENTS

$1,486

HOUSES

$2,300

TOWNHOUSES

$1,650
As of August 2026, apartments are the most affordable rental option in Lexington, VA at $1,486 per month, while houses are the most expensive at $2,300 per month. Townhomes average $1,650 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,250
2 Bedrooms$1,500
3 Bedrooms$1,800
4 Bedrooms$2,500
All$2,081
As of August 2026, the average rent for a 1 bedroom rental in Lexington, VA is $1,250 per month, followed by $1,500 for a 2 bedroom rental, $1,800 for a 3 bedroom rental, and $2,500 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +9% compared to the previous year, which is a +$165 increase.
This year (2026)
Last year (2025)

Rent distribution

32% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $1,050 to $4,884.
discover
a place
you'll love
to live