Is Lexington, VA a good place to invest in rental property?

Lexington, VA has a median modeled monthly cash flow of $-1,092 and a median cap rate of 3.1%, on a median sold price of $340,000. Prices changed -2.1% year over year.

What is the average cap rate in Lexington, VA?

The median cap rate across recently sold homes in Lexington, VA is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lexington, VA?

The median sold price in Lexington, VA is $340,000 (about $206 per square foot).

Investing in Lexington, VA Real Estate

A data-driven snapshot of the Lexington, VA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$340,000Median sold price

$206Median $/sqft

3.1%Median cap rate

$-1,092Modeled cash flow / mo

-2.1%Appreciation YoY

7.9Months of supply

104Active listings

157Sold (last 12 mo)

What the Lexington numbers say

In Lexington, VA, the median home sold for $340,000 (about $206 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-1,092 of monthly cash flow. Sold prices moved -2.1% over the past year. Inventory sits at about 7.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Virginia markets to compare

See Lexington cash-flowing listings

CashFlowRE ranks every for-sale home in Lexington, VA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Lexington deals, or browse the national market data.