Rent to own Homes in Lexington, NC

Lexington, located in North Carolina's Piedmont Triad, calls itself the Barbecue Capital of the World. The many barbecue places in the town, and the fact that the city is home to a barbecue festival that lands on many not-to-miss travel lists, support this claim. Lexington's 19,000 residents enjoy a relatively mild climate and plenty of recreational opportunities. The city is also the hometown of artist Bob Timberlake, who has a studio in Lexington near Childress Vineyards.

Lexington, NC is a great place for affordable rent-to-own homes! With a median household income of over $30,366 and a median rent of $710, the Lexington, NC rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Lexington, NC. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Lexington, NC rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
418 CHAPEL DR
Rent To Own
 
Single Family Home
Lexington, NC 27295
4
2
2048 ft2
1962
410 CANDLEWICK DR
Rent To Own
 
Single Family Home
Salisbury, NC 28147
3
2
1910 ft2
2001
6670 SHALLOWFORD RD
Rent To Own
 
Single Family Home
Lewisville, NC 27023
3
1
1488 ft2
1939
10311 DOMINION VILLAGE DR
Rent To Own
University City
Single Family Home
Charlotte, NC 28269
3
3
2252 ft2
2005
6536 MOONLIGHT LN
Rent To Own
University City
Single Family Home
Charlotte, NC 28269
4
3
3192 ft2
1993
1295 BECKS CHURCH RD
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
3
2
2712 ft2
1953
303 SHOAF ST
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
2
1
944 ft2
1958
New
331 ESTELLE DR
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27295
4
3
3604 ft2
2020
1 of 54 613 PEACHTREE ST
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
4
4
2645 ft2
1963
204 MARTIN ST
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
2
1
810 ft2
1940
New
214 FULLER ST
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
4
4
8651 ft2
2007
109 FOREST HILL RD
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27295
3
2
3602 ft2
1961
303 MENDOTA AVE
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
2
1
1020 ft2
1942
New
217 WOODHAVEN DR
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27295
4
3
2810 ft2
1960
1 of 2 300 BREMEN DR
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27295
4
2
1847 ft2
1972
606 ROBBINS ST
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
3
2
2626 ft2
1932
712 HIGHLAND DR
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
3
3
3500 ft2
1971
New
408 DUNBAR ST
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
3
1
2067 ft2
1917
New
515 BIESECKER RD
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27295
2
1
1782 ft2
1948
1235 FAIRVIEW DR #A
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
3
2
4544 ft2
1975
New
952 RIVERVIEW RD
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
2
1
996 ft2
2021
1605 WHITE STREET EXT
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27295
3
1
1152 ft2
1960
New
188 PETE FRITTS RD
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
3
2
3364 ft2
2000
1 of 7 316 FAIRVIEW DR
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
4
1
1900 ft2
1937
1 of 5 717 1ST RAINBOW ST
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27295
3
1
1357 ft2
1912
Hot
15 SINK CIR
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
5
2
1981 ft2
1946
1 of 27 228 FRONTIER DR
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
3
3
2826 ft2
1984
New
1 of 35 398 ARNOLD RD
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27295
3
3
2494 ft2
1993
1 of 16 111 SAND HILL DR
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27295
5
3
4088 ft2
2020
451 OVADA AVE
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27295
4
3
3231 ft2
2022
New
1394 NEW JERSEY CHURCH RD
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
3
2
2019 ft2
1998
330 GREEN MEADOWS DR
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
3
2
2786 ft2
1975
New
1 of 36 250 PROSPECTORS WAY
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
3
3
3914 ft2
2007
2708 ALLRED RD
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
2
1
1708 ft2
1958
New
126 CAPRI CT
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27295
4
3
3264 ft2
2021
2432 OLD MOUNTAIN RD
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
4
2
3952 ft2
1979
1 of 14 269 BONNE-VENTURE RD
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
2
1
582 ft2
1931
515 JAKE SHOAF RD
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27295
4
1
2547 ft2
1800
Hot
9452 S NC HIGHWAY 150
Rent to Own Eligible
 
Single Family Home
Linwood, NC 27299
3
1
1306 ft2
1941
113 REEDY CREEK CT
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27295
3
2
2690 ft2
1995
New
743 CUNNINGHAM BRICK YARD RD
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27292
3
2
1888 ft2
1956
136 WIND TERRACE CT
Rent to Own Eligible
 
Single Family Home
Lexington, NC 27295
5
3
5225 ft2
1999
1237 KANOY RD
Rent to Own Eligible
 
Single Family Home
Thomasville, NC 27360
3
2
2619 ft2
1978
New
283 ADOLINA AVE
Rent to Own Eligible
 
Single Family Home
Thomasville, NC 27360
3
2
6043 ft2
1990
Map
Sponsored Link

More Lexington, NC Property Resources

Rent to own Homes in Cities Near Lexington, NC

Browse all Rent to own Homes in North Carolina

Neighborhoods in Lexington, NC

No neighborhoods found

Popular Zip Codes in Lexington, NC

27293 rent to own homes

Buying a Home in Lexington, NC

Lexington, NC is seeing rapid growth and Lexington, NC's' housing market remains optimal with an average home price that is -52% below the 2024 national average. Lexington, NC is part of Davidson county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Davidson is 0.67% which is below the national average, which is 0.99%.

Median Home Price in Lexington, NC

Median Rent in Lexington, NC

Rent to own homes offer low monthly payments and flexible terms.

Top 5 Reasons to Live in Lexington, NC

Historic homes abound! Finding a historic home for rent in Lexington is easier than in other areas of the country. The median home age is 48, 11 years older than the national average. Homes also tend to be less expensive. The median home price is just $82,000, compared to the national average of $170,100. The Park Place historic district in downtown Lexington is a good place to start a home search, as are the Uptown and Erlanger Mill Village historic districts.

Robust rental market! More homes are rented rather than owned in Lexington, with more than 48 percent of homes rented, compared to the national average of just over 30 percent. Some communities have a large number of rent to own houses, such as the downtown area and the Meadowview and Erlanger communities.

World-famous barbecue! Not many places have a food named after them, especially not a place as small as Lexington. The town is known for a particular type of barbecue, which is a subset of North Carolina barbecue. Barbecue joints are found throughout the town and include The Barbecue Center, which opened in 1955, and Lexington Barbecue, known locally as The Honey Monk or Lexington #1.

Pigs take over the city! Every year the city is overrun by pigs when artistic pig sculptures are placed in public places throughout the downtown business area. Known as Pigs in the City, the city-sponsored initiative features new pigs by local artists each year. The pigs are sometimes still on display for the one-day Lexington Barbecue Festival each fall.

Recreation on the lake! High Rock Lake is a popular spot for many residents, whether they want to fish for crappie, sunfish or catfish. The lake has hosted the Bassmaster Classic several times and is a favorite spot for catching large mouth bass due to its shallow depth. The lake is also ideal for boating, and several campgrounds line its shores.