2-Bedroom Apartment Rent in Lexington, VA
Median asking rent for a 2-bedroom apartment in Lexington, Virginia as of July 2026. That's +42% lower than the citywide median of $1,699 and +41% below the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Lexington
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Lexington
Compare Lexington's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Virginia
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Martinsville | $880 |
| 2 | Danville | $920 |
| 3 | Lexington (this page) | $980 |
| 4 | Bellwood | $1,008 |
| 5 | Madison Heights | $1,010 |
| 6 | Farmville | $1,020 |
| 7 | Bristol | $1,100 |
| 8 | Roanoke | $1,131 |
| 9 | Radford | $1,140 |
| 10 | Christiansburg | $1,170 |
| 11 | East Highland Park | $1,222 |
| 12 | Salem | $1,230 |
| 13 | Waynesboro | $1,230 |
| 14 | Montrose | $1,253 |
| 15 | Lynchburg | $1,265 |
Most expensive cities for a 2-bedroom in Virginia
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Great Falls | $3,470 |
| 2 | Haymarket | $3,200 |
| 3 | Aldie | $3,130 |
| 4 | Gainesville | $3,070 |
| 5 | Burke | $2,940 |
| 6 | Vienna | $2,930 |
| 7 | Springfield | $2,863 |
| 8 | Chantilly | $2,805 |
| 9 | Arlington | $2,798 |
| 10 | Lorton | $2,790 |
| 11 | Fairfax | $2,703 |
| 12 | Oakton | $2,700 |
| 13 | Ashburn | $2,700 |
| 14 | Sterling | $2,593 |
| 15 | Alexandria | $2,584 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 1 of these cities have cheaper 2-bedroom rents than Lexington.
| City | Distance | 2-Bedroom rent | vs Lexington |
|---|---|---|---|
| Forest, VA | 32.3 mi | $1,310 | +$330 (+34%) |
| Madison Heights, VA | 36.8 mi | $1,010 | +$30 (+3%) |
| Lynchburg, VA | 36.9 mi | $1,265 | +$285 (+29%) |
| Staunton, VA | 39.1 mi | $1,300 | +$320 (+33%) |
| Roanoke, VA | 46.3 mi | $1,131 | +$151 (+15%) |
| Waynesboro, VA | 49.8 mi | $1,230 | +$250 (+26%) |
| Salem, VA | 52.2 mi | $1,230 | +$250 (+26%) |
| Harrisonburg, VA | 64.8 mi | $1,445 | +$465 (+47%) |
| Charlottesville, VA | 71.5 mi | $1,830 | +$850 (+87%) |
| Blacksburg, VA | 71.6 mi | $1,320 | +$340 (+35%) |
| Martinsville, VA | 76.3 mi | $880 | $-100 (-10%) |
| Christiansburg, VA | 76.4 mi | $1,170 | +$190 (+19%) |
2-Bedroom rent in Lexington — common questions
How much is a 2-bedroom apartment in Lexington?
As of July 2026, the median 2-bedroom apartment rent in Lexington, Virginia is $980 per month. This is +42% below the citywide median of $1,699.
What income do you need to afford a 2-bedroom in Lexington?
Using the standard 30% rent-to-income rule, you would need an annual income of about $39,200 ($3,267/month gross), which works out to roughly $18.85/hour at a full-time job.
Is Lexington expensive for a 2-bedroom compared to the rest of the US?
Lexington's 2-bedroom median of $980 is +41% below the national 2-bedroom median of $1,655. It ranks in the 5th percentile of US cities tracked.
How does Lexington rank for 2-bedroom rent in Virginia?
Among the 81 cities in Virginia with 2-bedroom data, Lexington ranks #3 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Lexington?
Yes — nearby cities with cheaper 2-bedroom rents include Martinsville ($880).