Apartments & Homes for Rent in Lexington, NC

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What to Know About

Living in Lexington, NC

Lexington, known as the "Barbecue Capital of the World," offers a unique experience with its delicious cuisine, vibrant cultural landmarks, and scenic outdoor attractions. The city is home to several major universities, including the University of North Carolina at Greensboro and Davidson County Community College, and a thriving arts and culture scene, including the Lexington History Museum, Davidson County Historical Museum, and the Lexington Area Museum. Also, experience the legendary Bob Timberlake Gallery, and the Edward C. Smith Civic Center, to experience the city's culture.

If you enjoy the outdoors, take your time, and enjoy the natural beauty of Lexington's parks and trails, such as the Lexington Nature Trail, Lexington City Lake Park, Daniel Boone Heritage Canoe Trail, the High Rock Lake, and the Yadkin River Greenway. Food lovers can indulge in the city's signature barbecue style by exploring the Lexington Barbecue Trail, which includes some of the city's most famous barbecue restaurants, such as Lexington Barbecue, The Barbecue Center, and Speedy's Barbecue.

Its affordable cost of living, friendly community, rich history, and thriving barbecue culture make Lexington a great place to live.

Rental Market Trends

Lexington, NC

As of April 2025, Lexington's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lexington's average rent is 13.2% ($213) lower than the North Carolina average of $1,618 and 21.9% ($394) lower than the U.S. average of $1,799.

Average Rent
$1,405
Monthly ChangeMonth Over Month Change
Increased7.7% ($100)
Yearly ChangeYear Over Year Change
Decreased8.5% ($130)
Avg. Days on MarketAverage Days on Market
36
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,009 Increased1.2% ($12) Decreased22.1% ($287)
2 Beds $1,197 Increased1.2% ($14) Decreased18% ($262)
3 Beds $1,815 Increased4.9% ($85) Decreased2.5% ($46)
Nearby Cities Average Rent Avg. Rent vs. LexingtonAverage Rent vs. Lexington Avg. Days on MarketAverage Days on Market
Thomasville $983 Decreased30% ($422) 35 days
Spencer $1,670 Increased18.9% ($265) 40 days
Advance $1,634 Increased16.3% ($229) 33 days
Clemmons $1,825 Increased29.9% ($420) 31 days
Salisbury $1,394 Decreased0.8% ($11) 34 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lexington Rental Market FAQs

Explore rental prices, market trends, and availability in Lexington, NC.

The average rent in Lexington, NC is $1,405 per month.
Homes in Lexington typically rent for between $706 and $2,360 per month, with an average of $1,405 per month.
In Lexington, the average rent for a 1-bedroom home is $1,009 per month, for a 2-bedroom home, $1,197 per month, and a 3-bedroom home is $1,815 per month.
The average rent in Lexington is 21.9% ($394) lower than the national average of $1,799 per month.
The average rent in Lexington has increased by 7.7% ($100) in the last month and decreased by 8.5% ($130) over the past year.
The rental market in Lexington, NC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lexington, NC, the average rental stays on the market for approximately 36 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 21 rental properties available in Lexington, NC.
Based on the current averages, a household would need an annual income of $47,880 to comfortably afford a 2-bedroom home in Lexington.
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