Special Interest
Housing in Lexington City
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in Lexington City averages $1,081/month for a 2‑bedroom in 2024, compared to the Virginia median of $1,579 and the national median of $1,413.
HUD 2026 50th Percentile Rent Estimates for Lexington City FMR Area are $929 for a studio, $979 for 1‑bedroom, $1,073 for 2‑bedroom, $1,492 for 3‑bedroom, and $1,800 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $8 decrease for a 2-bedroom in Lexington City shows a 1% decline over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for Lexington City was 4.2% in 2024, compared to Virginia at 2.9% and the national rate of 4.0%.
