Rental market snapshot for Lexington, North Carolina

Lexington, North Carolina Rental Property Market Overview

Lexington, North Carolina is a small city located in Davidson County with a population of 19,516 as of 2021, according to the US Census. It is a charming town with a rich history, offering a variety of attractions, such as the Lexington Barbecue Festival, the Lexington Museum, and the Lexington Historic District. The city is also home to a number of parks, trails, and recreational facilities, making it a great place to live and visit.

The average rent for an apartment in Lexington is $1,605. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Lexington North Carolina | Cost of Living

  • The most expensive ZIP code in Lexington is 27295 with an average price of $1,612.
  • The cheapest ZIP code in Lexington is 27292 with an average price of $1,491.

Lexington ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
127295$1,612
227292$1,491

Live near Lexington, North Carolina's Top Sights and Attractions

Finch Park is a beautiful outdoor attraction located in a small town in North Carolina. It features a large lake, walking trails, a playground, picnic areas, and a variety of wildlife. The park is a great place to spend a day outdoors, with plenty of activities to keep visitors entertained. There are also plenty of benches and tables scattered throughout the park, perfect for a picnic or a leisurely stroll. The park is also home to a variety of birds, making it a great spot for birdwatching.

Radcliff Park is a beautiful outdoor space located in Lexington, North Carolina. It features a large lake, walking trails, a playground, picnic areas, and a large open field. The park is a great place to relax and enjoy nature, with plenty of wildlife to observe. There are also several benches and tables throughout the park, perfect for a picnic or just to sit and take in the scenery.

Grimes Park is a sprawling outdoor recreation area located in the heart of Lexington. It features a variety of amenities, including a large playground, a walking trail, a pond, a picnic shelter, and several sports fields. The park also has a disc golf course, a skate park, and a dog park. The park is a great place to spend a day outdoors, with plenty of activities to keep everyone entertained.

Tussey St Park is a beautiful outdoor area located in Lexington, North Carolina. It features a large lake, walking trails, and plenty of open space for picnics and outdoor activities. The park also has a playground, basketball court, and a pavilion for special events. Visitors can also enjoy fishing, boating, and bird watching. The park is a great place to relax and enjoy nature.

Washington Park is a picturesque outdoor area located in a small town. It features a large lake, walking trails, and plenty of open space for picnicking and other activities. The park also has a playground, a gazebo, and a covered pavilion for special events. The lake is stocked with fish and is a popular spot for fishing and boating. The park is surrounded by lush trees and is a great place to relax and enjoy nature.

Pickett School Park is a historic attraction located in Lexington, North Carolina. It is situated on a five-acre site and features a restored one-room schoolhouse, a playground, picnic tables, and a walking trail. The schoolhouse, built in 1892, is a reminder of the area's educational history and is listed on the National Register of Historic Places. The park also includes a memorial garden dedicated to the area's veterans, and a gazebo that is used for special events. The park is a popular spot for families, providing a place to relax and enjoy the outdoors.

Boone's Cave Park is a scenic outdoor destination located in the rolling hills of North Carolina. It features a large cave, a lake, and a variety of trails for hiking, biking, and horseback riding. Visitors can explore the cave, which is filled with unique rock formations, and take in the breathtaking views of the surrounding landscape. The park also offers picnic areas, playgrounds, and a variety of other activities.

Holt Street Park is a beautiful outdoor recreational area located in Lexington, North Carolina. It features a large playground, picnic tables, walking trails, and a basketball court. The park also has a large pond with a fishing dock, and a pavilion for hosting events. The park is well-maintained and offers a peaceful atmosphere for visitors to enjoy.

Old City Lake Park is a picturesque outdoor destination located on the banks of a tranquil lake. Visitors can enjoy a variety of activities, such as fishing, boating, and picnicking. There are also several walking trails, a playground, and a gazebo for relaxing. The park also hosts several events throughout the year, including concerts, festivals, and outdoor movies.

The Davidson County Historical Museum is a great place to explore the history of the area. It features a variety of exhibits that showcase the area's rich heritage. Visitors can explore artifacts from the Revolutionary War, Civil War, and World War II, as well as learn about the area's Native American history. The museum also houses a variety of photographs, documents, and other memorabilia from the past. Visitors can also take part in educational programs and special events throughout the year.

Lexington, North Carolina area median rent change by ZIP code map

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How does Lexington compare to other cities in North Carolina?

citymedian price
Youngsville$2,120
Carolina Beach$2,000
Bolivia$1,995
Knightdale$1,970
Pinehurst$1,950
Mooresville$1,920
Monroe$1,885
Waynesville$1,870
Chapel Hill$1,772
Selma$1,595

Average household income in Lexington area graph - US Census

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The median household income in Lexington in 2021 was $32,698. This represents a 13.1% change from 2011 when the median was $28,922.

#categorypercent
0Less than $10,00011.5%
1$10,000 to $14,9997.2%
2$15,000 to $19,9997.8%
3$20,000 to $24,99911.4%
4$25,000 to $29,99911.3%
5$30,000 to $34,9998.5%
6$35,000 to $39,9995.9%
7$40,000 to $44,9993.3%
8$45,000 to $49,9993.2%
9$50,000 to $59,9997.4%
10$60,000 to $74,99910.1%
11$75,000 to $99,9996.0%
12$100,000 to $124,9992.2%
13$125,000 to $149,9992.1%
14$150,000 to $199,9990.8%
15$200,000 or more1.0%

Neighborhoods in Lexington

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Lexington is $1,605.
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