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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 $207,820, lower than the Georgia average of $324,634.
The average cost of rent is $868/mo in Lexington, primarily driven by the current value of real estate in the Lexington area. In Lexington, 12.30% of households rent, and 62.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lexington is $5,938 per month. Households that rent pay about 14.61% of their income on rent here. Lexington’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Veribest, GA: equally priced homes
- Enterprise, GA: equally priced homes
- Crawford, GA: equally priced homes
- Hutchins, GA: equally priced homes
- Stephens, GA: equally priced homes
- Point Peter, GA: equally priced homes
- Arnoldsville, GA: higher priced homes
- Rayle, GA: less expensive homes
- Philomath, GA: less expensive homes
- Smithonia, GA: higher priced homes
Cities with Similar Populations
- Hillsboro, ND: equally priced homes
- St. Paul, OH: higher priced homes
- Skidmore, TX: less expensive homes
- Shady Rest, FL: equally priced homes
- Saluda, VA: higher priced homes
- Mears, MI: higher priced homes
- Lavallette, NJ: higher priced homes
- Houghton, NY: less expensive homes
- Hollywood, AL: less expensive homes
- Stafford, NY: less expensive homes
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