5

Newest Homes for Rent in Lexington, VA

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  • /18

    $1,800

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • House for Rent

    243 Saddle Ridge Rd, Lexington, VA 24450

    This 3 BR 2 BA home has new paint throughout, hardwood floors, a large deck with mountain views, and is just a short walk to walking trails. This house is minutes from Historic Lexington, Virginia yet is very secluded. First floor bedroom and bath, two additional bedrooms and bath upstairs. There is a full unfinished basement, large eat in kitchen with lots of windows, and a large living room

    243 Saddle Ridge Rd, Lexington, VA 24450
  • /12

    $2,000

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • House for Rent

    81 Pinnacle Ln, Lexington, VA 24450

    Lovely 3BR, 2.5 Ba townhome in the Pinnacles Subdivision. The townhouse has 3 full baths and 1 - 1/2 bath. There are Brazilian cherry hardwood floors on the main level and carpet upstairs. There is a full finished walk out basement which has a full bath. Nice landscaping in the front and spectacular Blue Ridge mountain views from the rear deck.Each unit has 2 parking spacesMORE

    81 Pinnacle Ln, Lexington, VA 24450
  • /30

    $2,200 Per Month

    • 1,720 Sq Ft
    • House for Rent

    23 Southfork Ln, Lexington, VA 24450

    Melissa Hennis Howard Hanna R E Services

    23 Southfork Ln, Lexington, VA 24450
  • /16

    $2,400

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 1,790 Sq Ft
    • House for Rent

    32 Furrs Mill Rd, Lexington, VA 24450

    STUDENTS- this is a great property for the upcoming school year! Welcome to this charming single-family home located just minutes from downtown Lexington, VA. This spacious 4-bedroom, 2-bathroom house is situated right at the Maury River, offering stunning views and a tranquil setting. With plenty of outdoor porch and patio space, you can enjoy the peaceful surroundings and entertain guests

    32 Furrs Mill Rd, Lexington, VA 24450
  • /7

    $2,300

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,147 Sq Ft
    • House for Rent

    301 Walker St, Lexington, VA 24450

    Charming 2-bedroom, 2-bath home in Lexington, VA, recently refreshed with new bathrooms, a new kitchen and all-new appliances. The layout features hardwood and tile flooring throughout, a mudroom with a dedicated laundry area, and abundant storage space. The kitchen includes a convenient bar for casual dining and opens to a fenced yard perfect for outdoor use. Recent upgrades also include a new

    301 Walker St, Lexington, VA 24450

Frequently Asked Questions

How much does it cost to rent a home in Lexington, VA?
The median rent for a home in Lexington, VA is $2,200 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Lexington, VA?
To comfortably afford the median rent in Lexington, VA, a household needs to earn roughly $88,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,200 per month in Lexington, VA, renters typically need to show $6,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lexington, VA?
In Lexington, VA, the price-to-rent ratio is 14.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$2,200
Median Single Family Home Rent
$2,250
Median Townhouse Rent
$1,550
How to Rent a Home