Homes & Apartments for Rent in 27295

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What to Know About

Living in 27295

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 September 2026, Lexington's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lexington's average rent is 27.0% ($407) lower than the North Carolina average of $1,505 and 39.3% ($710) lower than the U.S. average of $1,808.

Average Rent
$1,098
Monthly ChangeMonth Over Month Change
Decreased2.1% ($24)
Yearly ChangeYear Over Year Change
Decreased16.8% ($221)
Avg. Days on MarketAverage Days on Market
36
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $987 Decreased1.4% ($14) Decreased3.4% ($35)
2 Beds $1,117 Decreased0.9% ($10) Decreased8.5% ($104)
3 Beds $1,435 Decreased1.8% ($26) Decreased2.4% ($35)
Nearby Cities Average Rent Avg. Rent vs. LexingtonAverage Rent vs. Lexington Avg. Days on MarketAverage Days on Market
Thomasville $1,077 Decreased1.9% ($21) 35 days
Spencer $1,590 Increased44.8% ($492) 40 days
Advance $1,656 Increased50.8% ($558) 33 days
Clemmons $1,629 Increased48.4% ($531) 31 days
Salisbury $1,291 Increased17.6% ($193) 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 $1,098 per month.
Homes in Lexington typically rent for between $691 and $1,866 per month, with an average of $1,098 per month.
In Lexington, the average rent for a 1-bedroom home is $987 per month, for a 2-bedroom home, $1,117 per month, and a 3-bedroom home is $1,435 per month.
The average rent in Lexington is 39.3% ($710) lower than the national average of $1,808 per month.
The average rent in Lexington has decreased by 2.1% ($24) in the last month and decreased by 16.8% ($221) 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 29 rental properties available in Lexington, NC.
Based on the current averages, a household would need an annual income of $44,680 to comfortably afford a 2-bedroom home in Lexington.
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