• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
  • Houses For Rent
  • Condos For Rent
  • Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator
  • Property Management Companies

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Lexington, SC

What is the average rent in Lexington, SC?

$1,314/month

Average Rent

803 Sq Ft

Average Apartment Size

+0.3%

Increase in the Last Year

Lexington, SC Rental Market Overview

The average rent in Lexington, SC is $1,314 per month. This is 20% lower than the national average rent of $1,644/month, making renting in Lexington more affordable than most cities in the US.

  • Studio apartments in Lexington average per month.
  • One-bedroom apartments in Lexington average $1,314 per month.
  • Two-bedroom apartments in Lexington average $1,490 per month.
  • Three-bedroom apartments in Lexington average $1,760 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,314/month
803 Sq Ft
Two Bedroom
$1,490/month
1,051 Sq Ft
Three Bedroom
$1,760/month
1,314 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,943/month
1,543 Sq Ft
Four Bedroom
$2,372/month
2,310 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,569/month
1,034 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 0.3%, which averages out to $5 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Lexington, SC
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Lexington, SC
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
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Lexington?

Based on current rent prices, Oak Grove and Lake Murray" are the most affordable neighborhoods in Lexington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Oak Grove
$1,307/month
792 Sq Ft
Lake Murray
$1,515/month
830 Sq Ft

What are the most expensive neighborhoods in Lexington?

Based on current rent prices, Lake Murray and Oak Grove" are the most expensive neighborhoods in Lexington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lake Murray
$1,515/month
830 Sq Ft
Oak Grove
$1,307/month
792 Sq Ft

Which Lexington neighborhoods have the most rentals available?

The neighborhoods in Lexington with the most apartments available are Lake Murray and Oak Grove" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lake Murray
$1,515/month
830 Sq Ft
Oak Grove
$1,307/month
792 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 $1,314, you’ll want to make about $4,380 per month or $52,560 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

228 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
-
$1,314/month
Two Bedroom
-
$1,495/month
Three Bedroom
-
$1,765/month
Search
Search

Nearby City Rent Trends

  • West Columbia Average Rent
  • Irmo Average Rent
  • Cayce Average Rent

Apartment communities in Lexington we think you'll love

Lauren Ridge Apartment Homes

Lauren Ridge Apartment Homes

500 Carlen Ave,
Lexington, SC 29072

$1,365 - $2,615

1-3 Beds

Lullwater at Saluda Pointe

Lullwater at Saluda Pointe

101 Saluda Pointe Dr,
Lexington, SC 29072

$1,344 - $1,865

1-3 Beds

River Bluff of Lexington

River Bluff of Lexington

300 Palmetto Park Blvd,
Lexington, SC 29072

$1,453 - $1,954

1-3 Beds

The Overlook At Golden Hills Apartment Homes

The Overlook At Golden Hills Apartment Homes

300 Caughman Farm Ln,
Lexington, SC 29072

$1,345 - $3,083

1-3 Beds

Learn More with Helpful Articles

9 Money Saving Tips for Relocating

Save money and start fresh using these tips and tricks.

Everything You Need To Know About Self-Guided Apartment Tours

Explore great finds on your own time.

Non-Monetary Factors to Consider When Renting or Buying a Home

Money isn't the only matter.

When Is the Best Time to Move?

The pros and cons of moving during each season.

Explore the Renterverse

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

Start managing your rentals
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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Newest Listings
  • Sitemap
apartments.com
© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity