Studio Apartment Rent in Lexington, VA
Median asking rent for a studio apartment in Lexington, Virginia as of July 2026. That's +51% lower than the citywide median of $1,699 and +36% below the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Lexington
Compare Lexington's median rent across every apartment size.
Cheapest cities for a studio in Virginia
| # | City | Studio rent |
|---|---|---|
| 1 | Danville | $630 |
| 2 | Martinsville | $700 |
| 3 | Bristol | $780 |
| 4 | Lexington (this page) | $830 |
| 5 | Farmville | $850 |
| 6 | Madison Heights | $880 |
| 7 | Roanoke | $883 |
| 8 | Christiansburg | $900 |
| 9 | Radford | $900 |
| 10 | Salem | $960 |
| 11 | Front Royal | $970 |
| 12 | Blacksburg | $990 |
| 13 | Waynesboro | $1,060 |
| 14 | Lynchburg | $1,100 |
| 15 | Harrisonburg | $1,120 |
Most expensive cities for a studio in Virginia
| # | City | Studio rent |
|---|---|---|
| 1 | Great Falls | $3,020 |
| 2 | Haymarket | $2,780 |
| 3 | Aldie | $2,720 |
| 4 | Gainesville | $2,670 |
| 5 | Burke | $2,560 |
| 6 | Vienna | $2,547 |
| 7 | Springfield | $2,490 |
| 8 | Chantilly | $2,440 |
| 9 | Arlington | $2,433 |
| 10 | Lorton | $2,430 |
| 11 | Oakton | $2,350 |
| 12 | Fairfax | $2,350 |
| 13 | Ashburn | $2,350 |
| 14 | Sterling | $2,257 |
| 15 | Alexandria | $2,249 |
Nearby cities — studio rent
Considering nearby alternatives? 1 of these cities have cheaper studio rents than Lexington.
| City | Distance | Studio rent | vs Lexington |
|---|---|---|---|
| Forest, VA | 32.3 mi | $1,140 | +$310 (+37%) |
| Madison Heights, VA | 36.8 mi | $880 | +$50 (+6%) |
| Lynchburg, VA | 36.9 mi | $1,100 | +$270 (+33%) |
| Staunton, VA | 39.1 mi | $1,120 | +$290 (+35%) |
| Roanoke, VA | 46.3 mi | $883 | +$53 (+6%) |
| Waynesboro, VA | 49.8 mi | $1,060 | +$230 (+28%) |
| Salem, VA | 52.2 mi | $960 | +$130 (+16%) |
| Harrisonburg, VA | 64.8 mi | $1,120 | +$290 (+35%) |
| Charlottesville, VA | 71.5 mi | $1,488 | +$658 (+79%) |
| Blacksburg, VA | 71.6 mi | $990 | +$160 (+19%) |
| Martinsville, VA | 76.3 mi | $700 | $-130 (-16%) |
| Christiansburg, VA | 76.4 mi | $900 | +$70 (+8%) |
Studio rent in Lexington — common questions
How much is a studio apartment in Lexington?
As of July 2026, the median studio apartment rent in Lexington, Virginia is $830 per month. This is +51% below the citywide median of $1,699.
What income do you need to afford a studio in Lexington?
Using the standard 30% rent-to-income rule, you would need an annual income of about $33,200 ($2,767/month gross), which works out to roughly $15.96/hour at a full-time job.
Is Lexington expensive for a studio compared to the rest of the US?
Lexington's studio median of $830 is +36% below the national studio median of $1,290. It ranks in the 12th percentile of US cities tracked.
How does Lexington rank for studio rent in Virginia?
Among the 79 cities in Virginia with studio data, Lexington ranks #4 from cheapest to most expensive.
Are there cheaper studio options near Lexington?
Yes — nearby cities with cheaper studio rents include Martinsville ($700).