Lexington Town, South Carolina Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Lexington Town, South Carolina rental market.

Lexington Town, South Carolina

Average Apartment Rent

$1,523

Y-o-Y Change in Average
Apartment Rent

-1.9%

As of March 2026

Compared to a year ago, Lexington Town, South Carolina apartments have recorded a -1.9% rent decrease.

Lexington Town, South Carolina Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Lexington $1,488 $1,443 $1,486 $1,549 $1,493 $1,552 $1,529 $1,500 $1,523
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Lexington
National
Jul 2023
$1,488
$1,735
Nov 2023
$1,443
$1,724
Mar 2024
$1,486
$1,729
Jul 2024
$1,549
$1,750
Nov 2024
$1,493
$1,743
Mar 2025
$1,552
$1,749
Jul 2025
$1,529
$1,763
Nov 2025
$1,500
$1,749
Mar 2026
$1,523
$1,750

Lexington Town, South Carolina Average Apartment Rent

Lexington Town, South Carolina Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 55.27%, apartments priced $1,500 - $2,000 represent the bulk of Lexington Town, South Carolina rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 44.73%.

Lexington Town, South Carolina Housing tenure**

Renter occupied housing units 2,998
Owner occupied housing units 6,276

Renters take up 32% of Lexington Town, South Carolina real estate, occupying a total of 2,998 units, while homeowners live in 6,276 properties.

Median number of rooms of renter-occupied housing units**

4.1

Renter median household income**

$57,976

Average household size of renter-occupied housing units**

2.03

Rental vacancy rate**

5.8%

Lexington Town, South Carolina Renter-occupied housing units by no. of bedrooms**

No bedrooms 252
1 bed 525
2 beds 1,559
3 beds 561
4 beds 94

There are 1,559 rentals in Lexington Town, South Carolina with 2 beds making up the highest share of the market, at 52%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 94 units. Overall, the median number of rooms in Lexington Town, South Carolina homes for rent is 4.1.

Lexington Town, South Carolina Renter-occupied units by age of householder**

15 - 24 years 208
25 - 34 years 652
35 - 44 years 636
45 - 54 years 331
55 - 59 years 304
60 - 64 years 217
65 - 74 years 194
75 - 84 years 136
85 years and over 320

Most condos for rent in Lexington Town, South Carolina are occupied by residents in the 25 - 34 years age group (22%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 5%.

Lexington Town, South Carolina Renter-occupied housing units by family type**

Family households 1,445
Non-Family Households 1,553

Lexington Town, South Carolina Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 964
No related children of the householder under 18 2,034

A total of 1,445 apartments for rent in Lexington Town, South Carolina, or 48% of all rentals are family households. Additionally, 32% of rental homes include children under the age of 18 – that’s 964 units. All in all, the median size of a renter-occupied household in Lexington Town, South Carolina is 2.03.

Lexington Town, South Carolina Renter-occupied housing units by educational attainment**

Less than high school graduate 188
High school graduate (including equivalency) 623
Some college or associate's degree 1,284
Bachelor's degree or higher 903

In terms of education, renters holding bachelor degrees or higher make up 30% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Lexington Town, South Carolina.

Lexington Town, South Carolina Renter-occupied units by year structure built**

Built 2010 - 2019 431
Built 2000 - 2009 1,371
Built 1990 - 1999 590
Built 1980 - 1989 308
Built 1970 - 1979 140
Built 1960 - 1969 128
Built 1939 or earlier 20

The highest share of Lexington Town, South Carolina apartment rentals, namely 46% or 1,371 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (20%, 590 units), and the ones Built 2010 - 2019 (14%, 431 units).

Lexington Town, South Carolina Renter-occupied units by year householder moved in**

Moved in 2021 or later 311
Moved in 2018 to 2020 1,215
Moved in 2010 to 2017 1,399
Moved in 2000 to 2009 46
Moved in 1990 to 1999 17

Median year renter moved into unit 2018

Most Lexington Town, South Carolina renters (47%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Lexington Town, South Carolina condos for rent is 2018.

Lexington Town, South Carolina Renter-occupied housing units by vehicles available**

No vehicle available 678
1 vehicle available 1,276
2 vehicles available 828
3 vehicles available 184
4 or more vehicles available 32

When it comes to transportation options, 43% of Lexington Town, South Carolina renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 23% have No vehicle available.

Lexington Town, South Carolina Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 2,346
Car, truck, or van - carpooled 560
Walked 38
Taxicab, motorcycle, bicycle, or other means 26
Worked at home 72

Lexington Town, South Carolina Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 4,197
Moved within same county 840
Moved from different county within same state 437
Moved from different state 412
Moved from abroad 119

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Lexington Town, South Carolina apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

Check out rentals available in Lexington Town, South Carolina