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 March 2025, Lexington's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lexington's average rent is 18.8% ($302) lower than the North Carolina average of $1,607 and 27.0% ($483) lower than the U.S. average of $1,788.

Average Rent
$1,305
Monthly ChangeMonth Over Month Change
Increased5.8% ($72)
Yearly ChangeYear Over Year Change
Decreased12.1% ($179)
Avg. Days on MarketAverage Days on Market
36
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $997 Decreased4.8% ($50) Increased18.5% ($156)
2 Beds $1,183 Increased0.3% ($4) Increased24.9% ($236)
3 Beds $1,730 Increased15% ($226) Increased0.2% ($4)
Nearby Cities Average Rent Avg. Rent vs. LexingtonAverage Rent vs. Lexington Avg. Days on MarketAverage Days on Market
Thomasville $957 Decreased26.7% ($348) 35 days
Spencer $1,670 Increased28% ($365) 40 days
Advance $1,709 Increased31% ($404) 33 days
Clemmons $1,541 Increased18.1% ($236) 31 days
Salisbury $1,385 Increased6.1% ($80) 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 $1,305 per month.
Homes in Lexington typically rent for between $698 and $2,249 per month, with an average of $1,305 per month.
In Lexington, the average rent for a 1-bedroom home is $997 per month, for a 2-bedroom home, $1,183 per month, and a 3-bedroom home is $1,730 per month.
The average rent in Lexington is 27% ($483) lower than the national average of $1,788 per month.
The average rent in Lexington has increased by 5.8% ($72) in the last month and decreased by 12.1% ($179) 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 19 rental properties available in Lexington, NC.
Based on the current averages, a household would need an annual income of $47,320 to comfortably afford a 2-bedroom home in Lexington.
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