What's the average rent in Lexington, VA?

Rental Market Trends in Lexington, VA

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Lexington, VA is $1,600 per month, which is 16% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$1,600
-8.6%
-$150 decrease month-over-month
-5.9%
-$100 decrease year-over-year

AVAILABLE RENTALS

47

APARTMENTS

$1,418

HOUSES

$2,400

TOWNHOUSES

$1,489
As of May 2026, apartments are the most affordable rental option in Lexington, VA at $1,418 per month, while houses are the most expensive at $2,400 per month. Townhomes average $1,489 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,138
2 Bedrooms$1,500
3 Bedrooms$2,054
4 Bedrooms$2,400
All$1,750
As of May 2026, the average rent for a 1 bedroom rental in Lexington, VA is $1,138 per month, followed by $1,500 for a 2 bedroom rental, $2,054 for a 3 bedroom rental, and $2,400 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +1% compared to the previous year, which is a +$12 increase.
This year (2026)
Last year (2025)

Rent distribution

41% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $925 to $4,950.
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