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Lexington, VA Homes for Rent

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    Starting at $1,250 Plus Fees

    • 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

    (540) 329-2226

    95 Willow Springs Rd, Lexington, VA 24450
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    $2,200

    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
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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
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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
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    $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
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    $1,650

    Total Monthly Price

    • 3 Beds
    • 3 Baths
    • 1,530 Sq Ft
    • Townhouse for Rent

    78 Pinnacle Ln, Lexington, VA 24450

    Three Bedrooms Two and Half Baths.Townhome with eat-in Kitchen.Master Bedroom with Master BathroomStove Refrigerator DishwasherWasher Dryer Included.Apply online at Call Forest River Realty for an Appointment @

    78 Pinnacle Ln, Lexington, VA 24450
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    $1,900

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 1,662 Sq Ft
    • 4 BR 2 BA historic house in downtown Lexington

    205 Fuller St, Lexington, VA 24450

    4 BR 2 BA historic house in downtown LEXINGTON VA. Hardwood floors, tile, stainless steel appliances, large covered front porch, $1900 per month plus utilities. Large garden in the back if you like to garden!APPLY at

    205 Fuller St, Lexington, VA 24450
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    $1,400

    Total Monthly Price

    • 2 Beds
    • 2.5 Baths
    • 2BR, 2.5 Ba End unit townhouse in Pikes Place

    93 Trimmer Trail, Lexington, VA 24450

    2 BR, 2 1/2 Ba end unit townhouse in Pikes Place with custom woodwork, Nice eat in kitchen with stainless appliances, a gas stove, high end counter tops. Small deck off the kitchen area. Gas logs in living room and 2 parking spaces per unit.TO APPLY: go to

    93 Trimmer Trail, Lexington, VA 24450
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    $1,400

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 792 Sq Ft
    • Bungalow in Downtown Lexington

    204 S Jefferson St, Lexington, VA 24450

    Cute bungalow in downtown Lexington — a fully furnished single-family home with 2 bedrooms and 1 bathroom, thoughtfully arranged for easy living. Enjoy a rear patio for outdoor relaxation and a single off-street parking space. Located a quick walk from local universities and restaurants, this bungalow offers convenient access to downtown amenities while providing a compact, move-in-ready

    204 S Jefferson St, Lexington, VA 24450
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    $1,700

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    534 Borden Rd Unit Main Level, Lexington, VA 24450

    534 Borden Rd Unit Main Level, Lexington, VA 24450
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    $1,500

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    215 N Lewis St Unit Main Level, Lexington, VA 24450

    215 N Lewis St Unit Main Level, Lexington, VA 24450
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    $1,450

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • House for Rent

    500 Murchison Dr, Lexington, VA 24450

    Two Bedroom One and half Bath Townhome.Off Street Parking Water includedDishwasher. Water and Garbage pick up included. Washer Dryer Included.Contact Forest River Realty @ .Apply online at

    500 Murchison Dr, Lexington, VA 24450

Why Live in Lexington

Lexington, Virginia, a small city in the Shenandoah Valley, is known for its historic downtown, two universities, and scenic views of the Blue Ridge Mountains. The Virginia Military Institute and Washington and Lee University are key employers and cultural hubs, with the latter being one of the oldest higher education institutions in the country. The city features a mix of historic homes, including Colonial Revival, Craftsman, and American Foursquare styles, alongside midcentury ranch-style and Cape Cod houses. On the outskirts, newer colonial and ranch-style homes on spacious lots are common, as well as subdivisions with Craftsman-inspired homes. Downtown Lexington, listed on the National Register of Historic Places, offers a walkable area with locally owned shops, art galleries, and restaurants. Notable dining options include Golden Garden for Asian cuisine and Haywood’s Piano Bar and Grill for upscale American dishes. For dessert, Sweet Things Ice Cream Shoppe is a local favorite. Outdoor enthusiasts can explore Jordan’s Point Park, the Chessie Nature Trail, and the George Washington and Jefferson National Forests. The Lime Kiln Theater and Virginia Horse Center provide venues for concerts and equestrian events, while Hull’s Drive-In offers a retro movie experience. Students attend highly rated Harrington Waddell Elementary and Lylburn Downing Middle schools. The city is accessible via U.S. Routes 60 and 11, with Interstate 81 connecting to nearby cities like Staunton and Roanoke.

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 June 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 19.1, 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

Rental Home Trends

Number of Homes for Rent
12
Median Rent
$1,700
Median Single Family Home Rent
$2,200
Median Townhouse Rent
$1,550
Median Condo Rent
$1,700
How to Rent a Home