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 $224,527, lower than the Texas average of $235,268.
The average cost of rent is $976/mo in Lexington, primarily driven by the current value of real estate in the Lexington area. While nearly 54.86% of residents own their homes outright in Lexington, 11.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lexington is $6,051 per month. Households that rent pay about 16.12% of their income on rent here. Lexington's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Tanglewood, TX: higher priced homes
- Old Dime Box, TX: equally priced homes
- Butler, TX: equally priced homes
- Thrall, TX: equally priced homes
- Praesel, TX: less expensive homes
- Dime Box, TX: less expensive homes
- Hogg, TX: less expensive homes
- Noack, TX: higher priced homes
- Lund, TX: less expensive homes
- Elgin, TX: equally priced homes
Cities with Similar Populations
- Clifton Forge, VA: less expensive homes
- Bridge Creek, OK: less expensive homes
- El Granada, CA: higher priced homes
- Sneads, FL: less expensive homes
- Manson, WA: higher priced homes
- Mansura, LA: less expensive homes
- Mantachie, MS: less expensive homes
- Seminary, MS: less expensive homes
- Many Farms, AZ: less expensive homes
- Paxton, MA: higher priced homes
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