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Rental Market Trends in Lexington, SC

Updated September 2026

The average rent in Lexington, SC is $1,402/month.

Rent in Lexington is 16% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$1,402/month

Average Rent

804 Sq Ft

Average Size

+2%

Change / Year

290

Available Apartments

Lexington rent varies by unit size and layout:

  • Studio apartments in Lexington average per month.
  • One-bedroom apartments in Lexington average $1,402 per month.
  • Two-bedroom apartments in Lexington average $1,492 per month.
  • Three-bedroom apartments in Lexington average $1,732 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,402/month
804 Sq Ft
Two Bedroom
$1,492/month
1,036 Sq Ft
Three Bedroom
$1,732/month
1,314 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$1,921/month
1,562 Sq Ft
Four Bedroom
$2,274/month
2,076 Sq Ft
View Lexington Apartments

How much has average rent changed in Lexington, SC?

In the past year, rent has increased by 2%, which averages out to $28 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Lexington, SC

September 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Lexington, SC
Percentage*
Rent Range
0% Below $700/month
21% $700 - $1,000/month
43% $1,001 - $1,500/month
36% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

  • 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
$1,340/month
771 Sq Ft
Lake Murray
$1,549/month
819 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
$1,549/month
819 Sq Ft
Oak Grove
$1,340/month
771 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
$1,549/month
819 Sq Ft
Oak Grove
$1,340/month
771 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 $1,402, you’ll want to make about $4,673 per month or $56,076 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

290 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.

View the Lexington Area Guide

Apartment Averages

Oak Grove

Lexington, SC

Lake Murray

Lexington, SC

Studio
-
-
One Bedroom
-
$1,402/month
Two Bedroom
-
$1,491/month
Three Bedroom
-
$1,731/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Irmo

    Irmo

    Avg Rent: $1,486/month

  • West Columbia

    West Columbia

    Avg Rent: $1,355/month

Apartment Communities in Lexington We Think You'll Love

Langley Pointe

Langley Pointe

50 Langley Dr,
West Columbia, SC 29169

1-3 Beds | $1,725 - $2,505

Lauren Ridge Apartment Homes

Lauren Ridge Apartment Homes

500 Carlen Ave,
Lexington, SC 29072

1-3 Beds | $1,480 - $2,795

Lullwater at Saluda Pointe

Lullwater at Saluda Pointe

101 Saluda Pointe Dr,
Lexington, SC 29072

1-3 Beds | $1,394 - $2,010

River Bluff of Lexington

River Bluff of Lexington

300 Palmetto Park Blvd,
Lexington, SC 29072

1-3 Beds | $1,540 - $1,893

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Frequently Asked Questions

What is the average rent in Lexington?

The average rent in Lexington is $1,402 per month, which is 15.7% lower than the national average of $1,664.

What is the average rent for a house in Lexington?

The average rent for a house in Lexington, SC is $1,921 per month.

Are rents going up or down in Lexington?

Rents in Lexington, SC are increasing, with prices up 2.0% year-over-year and $28 more per month.

What rent range is most common in Lexington?

In Lexington, SC, 43% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 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.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity