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 $147,112, lower than the North Carolina average of $226,477.
The average cost of rent is $759/mo in Lexington, primarily driven by the current value of real estate in the Lexington area. While nearly 48.15% of residents own their homes outright in Lexington, 28.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lexington is $4,426 per month. Households that rent pay about 17.14% of their income on rent here. Lexington's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Cotton Grove, NC: equally priced homes
- Welcome, NC: equally priced homes
- Linwood, NC: equally priced homes
- Gordontown, NC: less expensive homes
- Thomasville, NC: equally priced homes
- Midway, NC: higher priced homes
- Flint Hill, NC: higher priced homes
- Cornatzer, NC: higher priced homes
- Jerusalem, NC: less expensive homes
- Advance, NC: higher priced homes
Cities with Similar Populations
- Aurora, CO: higher priced homes
- Athens, GA: higher priced homes
- Antioch, TN: higher priced homes
- Alexandria, VA: higher priced homes
- Auburn, AL: higher priced homes
- Albuquerque, NM: higher priced homes
- Abilene, TX: equally priced homes
- Baltimore, MD: higher priced homes
- Arlington Heights, IL: higher priced homes
- Arvada, CO: higher priced homes
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