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 $232,395, higher than the Kentucky average of $164,895.
The average cost of rent is $1,104/mo in Lexington, primarily driven by the current value of real estate in the Lexington area. While nearly 32.79% of residents own their homes outright in Lexington, 43.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lexington is $6,046 per month. Households that rent pay about 18.26% of their income on rent here. Lexington's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Union Mills, KY: higher priced homes
- Keene, KY: higher priced homes
- Troy, KY: higher priced homes
- Versailles, KY: equally priced homes
- Hutchison, KY: higher priced homes
- Clintonville, KY: less expensive homes
- Midway, KY: higher priced homes
- Milner, KY: less expensive homes
- Forest Grove, KY: equally priced homes
- Mortonsville, KY: higher priced homes
Cities with Similar Populations
- Arlington, TX: equally priced homes
- Anaheim, CA: higher priced homes
- Akron, OH: less expensive homes
- Alpharetta, GA: higher priced homes
- Baytown, TX: less expensive homes
- Beaumont, TX: less expensive homes
- Apopka, FL: higher priced homes
- Apex, NC: higher priced homes
- Arlington, VA: higher priced homes
- Atascocita, TX: equally priced homes
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