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Newest Homes for Rent in Lexington, VA

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  • 95 Willow Springs Rd, Lexington, VA 24450
    95 Willow Springs Rd, Lexington, VA 24450
    95 Willow Springs Rd, Lexington, VA 24450
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    Starting at $1,265

    Total Monthly Price

    • 1 - 3 Beds

    95 Willow Springs Rd, Lexington, VA 24450

    We don't just rent apartments. From the moment you walk through the front door you'll feel the comfort and security that makes our residents happy to call us home. Cutting edge amenities, meticulously-groomed grounds, and a dedicated staff contributes to a higher standard of living. Convenient shopping, award-winning schools, local museums and parks are all close at hand, with sponsored

    Lexington Springs Apartments

    95 Willow Springs Rd, Lexington, VA 24450
  • 409 Wills Rd, Lexington, VA 24450
    409 Wills Rd, Lexington, VA 24450
    409 Wills Rd, Lexington, VA 24450
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    $1,100

    Total Monthly Price

    • Studio
    • 1 Bath
    • Basement apartment

    409 Wills Rd, Lexington, VA 24450

    Large basement apartment in a quiet beautiful neighborhood, full bathroom, kitchenette, and spacious closets for storage. Private walk up entrance and off street parking. Pets considered with deposit.

    409 Wills Rd, Lexington, VA 24450
  • 23 Triple Crown Dr Unit 25, Lexington, VA 24450
    23 Triple Crown Dr Unit 25, Lexington, VA 24450
    23 Triple Crown Dr Unit 25, Lexington, VA 24450
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    $2,100

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,300 Sq Ft
    • TripleCrown23

    23 Triple Crown Dr Unit 25, Lexington, VA 24450

    23 Triple Crown Dr Unit 25, Lexington, VA 24450
  • 23 Southfork Ln, Lexington, VA 24450
    23 Southfork Ln, Lexington, VA 24450
    /2

    $2,450

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,680 Sq Ft
    • 3 bedroom 2 bath home

    23 Southfork Ln, Lexington, VA 24450

    This 3 Bedroom 2 Bath house is located near Washington and Lee, Virginia Military Institute and historic downtown Lexington Virginia

    23 Southfork Ln, Lexington, VA 24450
  • 613 Union Run, Lexington, VA 24450
    613 Union Run, Lexington, VA 24450
    613 Union Run, Lexington, VA 24450
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    $1,700

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,650 Sq Ft
    • Renovated Farmhouse close to town

    613 Union Run, Lexington, VA 24450

    This renovated 1700s farmhouse in Lexington, VA blends historic character with modern updates. The home offers three bedrooms, two bathrooms, a covered front porch, central heat and air, ceiling fans in every room, and brand-new energy-efficient windows. Recent updates include a new kitchen, new bathrooms, fresh paint throughout, and all-new appliances. A partially unfinished basement provides

    613 Union Run, Lexington, VA 24450
  • 32 Furrs Mill Rd, Lexington, VA 24450
    32 Furrs Mill Rd, Lexington, VA 24450
    32 Furrs Mill Rd, Lexington, VA 24450
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    $2,400

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 1,790 Sq Ft
    • Single Family Home Minutes from Downtown Lexington

    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
Virginia Lexington City County Lexington

Newest Homes for Rent in Lexington, VA

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 $1,700 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while condos and 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 $68,000 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 $1,700 per month in Lexington, VA, renters typically need to show $5,100 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 19.2, 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 Trends in Lexington, VA

There are currently 6 homes available for rent in Lexington, VA. The median rent is $1,700 per month, with single-family homes renting at $2,025, townhouses at $1,550 and condos at $1,800.

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$1,700
Median Single Family Home Rent
$2,025
Median Townhouse Rent
$1,550
Median Condo Rent
$1,800
How to Rent a Home

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