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Apartments for Rent in Lexington VA

15 Rentals Available

Lexington, VA Apartments for Rent

Lexington, Virginia has been home to two of the country's most storied educational institutions, Washington and Lee University and the Virginia Military Institute (VMI), since the 1800s, giving this small Shenandoah Valley city a rich historical character that renters appreciate every day. Sitting just north of Roanoke and surrounded by the Blue Ridge Mountains, Lexington covers only about three square miles, so everything feels close and walkable. If you're searching for apartments for rent in Lexington, you'll find a tight-knit community where historic landmarks, open green spaces, and a lively downtown all come together in one compact setting.

Renters in Lexington can choose from a mix of housing options, including apartments in converted historic buildings, garden-style apartment communities, townhomes, and standalone rental houses spread across quiet residential streets. The downtown area offers easy access to boutique shops, art galleries, and farm-to-table restaurants housed in well-preserved 19th-century storefronts. The Woods Creek Trail and Boxerwood Nature Center are popular spots for walking and connecting with the outdoors, while the Virginia Horse Center hosts equestrian events and public activities throughout the year. Rockbridge Square Shopping Center and the Lexington Buena Vista Shopping Park keep everyday errands convenient. The city's calendar also fills with events tied to both universities, from sporting events and performing arts performances to public lectures and seasonal festivals that draw the wider community together.

Commuting from Lexington is straightforward thanks to access to Interstates 64 and 81, two major corridors that connect residents to Staunton to the north and Roanoke to the south. The nearest Amtrak stations are located in Clifton Forge (about 42 minutes away) and Staunton (about 46 minutes away), offering regional rail connections. The primary employers in the area include Washington and Lee University, VMI, Rockbridge County government, and healthcare providers serving the region. Lynchburg Regional Airport is within approximately 68 miles, serving those who travel frequently. Whether you're drawn by the academic atmosphere, the outdoor recreation, or the slower pace of a small historic city, Lexington offers a rewarding place to rent and settle in.

Learn more about living in Lexington, VA

Lexington, VA Rental Insights

The average rent in Lexington, VA is $1,127 per month. By comparison, renters across the U.S. pay an average of $1,644, which means housing in Lexington, VA is slightly less expensive than much of the country.

The cost of living in Lexington, VA is 5.2% lower than the national average. Daily expenses like housing, groceries, and transportation generally cost less than in many other U.S. cities.

To live comfortably in Lexington, VA as a single adult with no dependents, aim for a salary of at least $67,000 before taxes. Expect to spend about $8,448/year for groceries, $12,384 for goods and services, and $19,584/year for housing. To decide how much you should spend on rent, use our rent affordability calculator.

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