Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Lexington city, North Carolina?
City · Census ACS 5-Year estimates
The median gross rent in Lexington city, North Carolina is $893/month (±$66), based on Census ACS 5-Year estimates (2024). The median home value is $179,900 (±$13,117), and the median household income is $43,128/year. The unemployment rate in Davidson County, North Carolina was 3.4% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Lexington city, North Carolina
| Metric | Value |
|---|---|
| Median Gross Rent | $893 |
| Median Home Value | $179,900 |
| Median Household Income | $43,128 |
| Total Housing Units | 7,529 |
| Renter-Occupied Units | 4,394 |
| Renter-Occupied Share | 58% |
| Households Paying 50%+ Income | 816 households |
| Unemployment Rate(April 2026) | 3.4% |
How does Lexington city, North Carolina compare?
Median gross rent ranked against all cities in North Carolina.
Higher rent than 43% of cities in North Carolina · 353th of 614
| # | City | Value |
|---|---|---|
| 1 | Carolina Meadows CDP | $3,501 |
| 1 | Fearrington Village CDP | $3,501 |
| 3 | Wesley Chapel village | $3,191 |
| … 349 more … | ||
| 353 | Lexington city(you are here) | $893 |
| … 258 more … | ||
| 612 | Kenansville town | $384 |
| 613 | Robbinsville town | $364 |
| 614 | Elk Park town | $241 |
More data for Lexington city, North Carolina
Browse by State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Frequently asked questions
What is the average rent in Lexington city, North Carolina?
The median gross rent in Lexington city, North Carolina is $893/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Lexington city, North Carolina?
The median rent for a 2-bedroom in Lexington city, North Carolina is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Lexington city, North Carolina?
The median home value in Lexington city, North Carolina is $179,900 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Lexington city are rent-burdened?
In Lexington city, North Carolina, 816 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Lexington city, North Carolina?
The median household income in Lexington city, North Carolina is $43,128/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $893 has a margin of error of ±$66. In very small areas, MOEs can be large relative to the estimate.
Managing rental properties?
Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.
Get started free