Lauren Ridge Apartment Homes
500 Carlen Ave,
Lexington, SC 29072
1-3 Beds | $1,490 - $2,655
Rental Market Trends in Lexington, SC
What is the average rent in Lexington, SC?
$1,348/month
Average Rent
803 Sq Ft
Average Apartment Size
+2.8%
Increase in the Last Year
As of July 2025, the average rent in Lexington, SC is $1,348 per month. This is 18% lower than the national average rent of $1,637/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, $1,348 for a one-bedroom apartment, and around $1,497 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,794 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average 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 2.8%, which averages out to $38 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 July 2025
Legend
2024
2025
Rent Ranges in Lexington, SC
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
8%
Below $700/month
17%
$700 - $1,000/month
42%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
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.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Lexington?
Based on current rent prices, Hunters Ridge, Whiteford Lake and The Overlook at Golden Hills are the most expensive neighborhoods in Lexington.
Neighborhood
Average Rent
Average Sq Ft
Which Lexington neighborhoods have the most rentals available?
The neighborhoods in Lexington with the most apartments available are Lake Murray, Oak Grove and Reserve at Mill Landing .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Lexington, SC?
Because the average rent in Lexington is $1,348, you’ll want to make about $4,493 per month or $53,916 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.
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.
Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Nearby City Rent Trends
Apartment communities in Lexington we think you'll love
Property Management Companies in Lexington, SC
Morgan Properties
-
326
Communities
-
97,970
Units
-
199
Cities
2 Communities in Lexington
Harbor Group Management
-
166
Communities
-
50,582
Units
-
114
Cities
1 Community in Lexington
Aspen Square Management
-
64
Communities
-
12,676
Units
-
48
Cities
1 Community in Lexington
Stonemark Management
-
49
Communities
-
11,666
Units
-
35
Cities
1 Community in Lexington
West Shore
-
50
Communities
-
15,722
Units
-
32
Cities
1 Community in Lexington
ARI Apartment Management
-
37
Communities
-
12,190
Units
-
23
Cities
1 Community in Lexington
SDMC
-
13
Communities
-
1,293
Units
-
11
Cities
1 Community in Lexington
InterMark Management Corporation
-
15
Communities
-
1,099
Units
-
9
Cities
1 Community in Lexington
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
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 June 2025.
* Percentages may not total 100 due to rounding.