Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lex area can be challenging. Home prices in Lex are now at a median cost of $48,117, lower than the West Virginia average of $138,399.
The average cost of rent is $693/mo in Lex, primarily driven by the current value of real estate in the Lex area. While nearly 80.37% of residents own their homes outright in Lex, 23.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lex is $3,014 per month. Households that rent pay about 23.00% of their income on rent here. Lex's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Beartown, WV: equally priced homes
- Avondale, WV: equally priced homes
- Bradshaw, WV: equally priced homes
- Raysal, WV: equally priced homes
- Union City, WV: equally priced homes
- Bartley, WV: equally priced homes
- Paynesville, WV: equally priced homes
- Jolo, WV: less expensive homes
- Wilmore, WV: equally priced homes
- Yukon, WV: equally priced homes
Cities with Similar Populations
- Notre Dame, ME: higher priced homes
- Nelson Lagoon, AK: higher priced homes
- Nenno, WI: higher priced homes
- Netherlands, MO: higher priced homes
- New Clarkson, TX: higher priced homes
- New Concord, NY: higher priced homes
- New Hope, IN: higher priced homes
- Newhalem, WA: higher priced homes
- Newkirk, NM: higher priced homes
- Newlin, TX: higher priced homes
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