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 $152,455, lower than the Michigan average of $196,062.
The average cost of rent is $701/mo in Lexington, primarily driven by the current value of real estate in the Lexington area. While nearly 54.01% of residents own their homes outright in Lexington, 20.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lexington is $4,258 per month. Households that rent pay about 16.46% of their income on rent here. Lexington's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Lexington Heights, MI: higher priced homes
- Croswell, MI: less expensive homes
- Applegate, MI: less expensive homes
- Lakeport, MI: equally priced homes
- Jeddo, MI: higher priced homes
- Fargo, MI: higher priced homes
- Port Sanilac, MI: equally priced homes
- Peck, MI: less expensive homes
- Carsonville, MI: less expensive homes
- Fort Gratiot, MI: higher priced homes
Cities with Similar Populations
- Cache, OK: higher priced homes
- Camden, NY: less expensive homes
- Lyncourt, NY: less expensive homes
- Camden, ME: higher priced homes
- Cambridge, WI: higher priced homes
- Cambridge Springs, PA: less expensive homes
- Essington, PA: equally priced homes
- Essex, MA: higher priced homes
- Calhan, CO: higher priced homes
- Calera, OK: less expensive homes
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