Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the East Lexington area can be challenging. Home prices in East Lexington are now at a median cost of $220,038, lower than the Virginia average of $323,261.
The average cost of rent is $1,034/mo in East Lexington, primarily driven by the current value of real estate in the East Lexington area. While nearly 50.46% of residents own their homes outright in East Lexington, 25.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in East Lexington is $4,745 per month. Households that rent pay about 21.79% of their income on rent here. East Lexington's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Lexington, VA: higher priced homes
- Riverside, VA: less expensive homes
- Buena Vista, VA: less expensive homes
- Timber Ridge, VA: equally priced homes
- Kerrs Creek, VA: higher priced homes
- Rockbridge Baths, VA: equally priced homes
- Buffalo Forge, VA: equally priced homes
- Glasgow, VA: higher priced homes
- Fairfield, VA: less expensive homes
- Willow, VA: less expensive homes
Cities with Similar Populations
- Eola, TX: equally priced homes
- Meadowview, TN: less expensive homes
- Denhawken, TX: higher priced homes
- Diehlstadt, MO: less expensive homes
- Dundee Village, MD: higher priced homes
- East Enosburg, VT: less expensive homes
- Ellaville, FL: less expensive homes
- Ellsworth, IL: less expensive homes
- Elrama, PA: less expensive homes
- Elwood, MS: less expensive homes
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