Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lexington area can be challenging. Home prices in Lexington are now at a median cost of $118,888, lower than the Alabama average of $185,232.
The average cost of rent is $569/mo in Lexington, primarily driven by the current value of real estate in the Lexington area. While nearly 47.04% of residents own their homes outright in Lexington, 22.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lexington is $4,828 per month. Households that rent pay about 11.79% of their income on rent here. Lexington's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Mitchelltown, AL: higher priced homes
- Bonnertown, TN: less expensive homes
- Whitehead, AL: equally priced homes
- Killen, AL: higher priced homes
- Loretto, TN: equally priced homes
- Anderson, AL: higher priced homes
- St. Joseph, TN: less expensive homes
- Thorntontown, AL: equally priced homes
- Five Points, TN: less expensive homes
- Ramah, TN: less expensive homes
Cities with Similar Populations
- Prudenville, MI: higher priced homes
- Hollis Center, ME: higher priced homes
- Hallsville, MO: higher priced homes
- Awendaw, SC: higher priced homes
- Nahant, MA: higher priced homes
- Hartly, DE: higher priced homes
- Myrtle, MS: higher priced homes
- Baker, FL: higher priced homes
- Baltic, OH: higher priced homes
- Cass City, MI: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood