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Rental Market Trends in Lexington, SC

What is the average rent in Lexington, SC?

$1,331/month

Average Rent

802 Sq Ft

Average Apartment Size

+2.1%

Increase in the Last Year

As of September 2025, the average rent in Lexington, SC is $1,331 per month. This is 19% lower than the national average rent of $1,640/month, making renting in Lexington more affordable than most cities in the US. When you rent an apartment in Lexington, you can expect to pay about per month for a studio, $1,331 for a one-bedroom apartment, and around $1,417 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,623 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,331/month
802 Sq Ft
Two Bedroom
$1,417/month
1,044 Sq Ft
Three Bedroom
$1,623/month
1,304 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,532/month
1,111 Sq Ft
Three Bedroom
$1,917/month
1,491 Sq Ft
Four Bedroom
$2,410/month
2,382 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Lexington, SC?

In the past year, rent has increased by 2.1%, which averages out to $29 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Lexington, SC
Last Updated September 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Lexington, SC
Percentage*
Rent Range
15% Below $700/month
15% $700 - $1,000/month
38% $1,001 - $1,500/month
31% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Lexington?

Based on current rent prices, Oak Grove, Reserve at Mill Landing and Lake Murray are the most affordable neighborhoods in Lexington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Oak Grove
$1,253/month
675 Sq Ft
Reserve at Mill Landing
$1,368/month
752 Sq Ft
Lake Murray
$1,540/month
823 Sq Ft

What are the most expensive neighborhoods in Lexington?

Based on current rent prices, Lake Murray, Reserve at Mill Landing and Oak Grove are the most expensive neighborhoods in Lexington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lake Murray
$1,540/month
823 Sq Ft
Reserve at Mill Landing
$1,368/month
752 Sq Ft
Oak Grove
$1,253/month
675 Sq Ft

Which Lexington neighborhoods have the most rentals available?

The neighborhoods in Lexington with the most apartments available are Lake Murray, Reserve at Mill Landing and Oak Grove .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lake Murray
$1,540/month
823 Sq Ft
Reserve at Mill Landing
$1,368/month
752 Sq Ft
Oak Grove
$1,253/month
675 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Lexington, SC?

Because the average rent in Lexington is $1,331, you’ll want to make about $4,436 per month or $53,232 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Lexington, SC

262 Available Apartments for Rent

Search for Nearby Apartments

How does Lexington, SC compare to other nearby cities and neighborhoods?

Use the tool below to compare Lexington, SC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Lexington, SC

Apartment Averages

Oak Grove

Lexington, SC

Lake Murray

Lexington, SC

Studio
-
-
One Bedroom
-
$1,341/month
Two Bedroom
-
$1,408/month
Three Bedroom
-
$1,608/month
Search
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Nearby City Rent Trends

  • West Columbia Average Rent

Apartment communities in Lexington we think you'll love

River Bluff of Lexington

River Bluff of Lexington

300 Palmetto Park Blvd,
Lexington, SC 29072

$1,507 - $1,749

1-3 Beds

Lauren Ridge Apartment Homes

Lauren Ridge Apartment Homes

500 Carlen Ave,
Lexington, SC 29072

$1,460 - $2,650

1-3 Beds

Lullwater at Saluda Pointe

Lullwater at Saluda Pointe

101 Saluda Pointe Dr,
Lexington, SC 29072

$1,530 - $1,915

1-3 Beds

The Overlook At Golden Hills Apartment Homes

The Overlook At Golden Hills Apartment Homes

300 Caughman Farm Ln,
Lexington, SC 29072

$1,315 - $2,820

1-3 Beds

Property Management Companies in Lexington, SC

Morgan Properties
Morgan Properties
  • 327

    Communities

  • 98,339

    Units

  • 200

    Cities

2 Communities in Lexington
Harbor Group Management
Harbor Group Management
  • 176

    Communities

  • 53,365

    Units

  • 122

    Cities

1 Community in Lexington
Aspen Square Management
Aspen Square Management
  • 62

    Communities

  • 12,344

    Units

  • 47

    Cities

1 Community in Lexington
Stonemark Management
Stonemark Management
  • 50

    Communities

  • 11,882

    Units

  • 35

    Cities

1 Community in Lexington
West Shore
West Shore
  • 51

    Communities

  • 16,112

    Units

  • 33

    Cities

1 Community in Lexington
ARI Apartment Management
ARI Apartment Management
  • 37

    Communities

  • 12,190

    Units

  • 23

    Cities

1 Community in Lexington
SDMC
SDMC
  • 12

    Communities

  • 1,225

    Units

  • 10

    Cities

1 Community in Lexington
InterMark Management Corporation
InterMark Management Corporation
  • 14

    Communities

  • 1,043

    Units

  • 9

    Cities

1 Community in Lexington

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United States South Carolina Lexington Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.

* Percentages may not total 100 due to rounding.

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