Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Garden Springs area can be challenging. Home prices in Garden Springs are now at a median cost of $221,564, lower than the Lexington average of $306,868.
The average cost of rent is $1,091/mo in Garden Springs, primarily driven by the current value of real estate in the Garden Springs area. In Garden Springs, 54.22% of households rent, and 31.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Garden Springs is $4,408 per month. Households that rent pay about 24.75% of their income on rent here. Garden Springs’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Gardenside-Colony, Lexington, KY: higher priced homes
- Southland Deerfield Open Gates, Lexington, KY: higher priced homes
- Cardinal Hill-Pine Meadow, Lexington, KY: less expensive homes
- Holiday Hills, Lexington, KY: less expensive homes
- Virginia Ave, Lexington, KY: less expensive homes
- Indian Hills-Stonewall Estates-Monticello, Lexington, KY: higher priced homes
- University of Kentucky, Lexington, KY: higher priced homes
- Mount Vernon-Hollywood-Montclair, Lexington, KY: higher priced homes
- Brookhaven-Lansdowne, Lexington, KY: higher priced homes
- Downtown Lexington, Lexington, KY: higher priced homes
Neighborhoods with Similar Populations
- Baldwin District, Manassas, VA: higher priced homes
- Alban Hills, Albuquerque, NM: higher priced homes
- Albion Place, Clifton, NJ: higher priced homes
- Avalon Park Village, Alafaya, FL: higher priced homes
- Alessandro, San Bernardino, CA: higher priced homes
- Alger Heights, Grand Rapids, MI: higher priced homes
- Allendale Area, Arvada, CO: higher priced homes
- Alondra Park, Lawndale, CA: higher priced homes
- Alturas de Rio Grande, Rio Grande, PR: less expensive homes
- Arctic, West Warwick, RI: higher priced homes
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