Lexington City, NC Rental Market Trends
Last updated: October 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lexington City is $1,268, a 0.67% decrease compared to the previous year, when the average rent was $1,276.
One-bedroom apartments provide 751 square feet for $1,155, balancing privacy and affordability.
Two-beedroom units at $1,230 offer 961 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,229 sq ft) for $1,596, suitable for larger households.
Average rent in Lexington City, NC
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,268 | 951 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,155 | 751 sq. ft. |
| 2 Beds | $1,230 | 961 sq. ft. |
| 3 Beds | $1,596 | 1,229 sq. ft. |
Lexington City, NC rent trends
Rental prices in Lexington City, NC have decreased by 0.67% over the past year. The average rent moved from $1,276 to $1,268.
What's the typical rent budget in Lexington City, NC?
The largest share of rentals in Lexington City, NC (63%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lexington City, NC?
4,429 or 59% of the households in Lexington City, NC are renter-occupied while 3,101 or 41% are owner-occupied.
How Lexington City Compares to Other Cities
| City | Average Rent |
|---|---|
| Lexington City | $1,268 |
| Concord | $1,535 |
| Charlotte | $1,653 |
| Fayetteville | $1,276 |
| Winston - Salem | $1,293 |
| Raleigh | $1,591 |
| Cary | $1,664 |
| Durham | $1,555 |
| Greensboro | $1,320 |
| Asheville | $1,716 |
| Wilmington | $1,629 |
| High Point, NC | $1,253 |
| Archdale, NC | $1,204 |
| Lexington, NC | $1,236 |
| Advance, NC | $1,545 |
| Jamestown, NC | $1,513 |
| Salisbury, NC | $1,268 |
| Kannapolis, NC | $1,528 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lexington City apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.