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These days, finding an affordable place to live in the New Lexington area can be challenging. Home prices in New Lexington are now at a median cost of $136,907, lower than the Ohio average of $236,816.
The average cost of rent is $800/mo in New Lexington, primarily driven by the current value of real estate in the New Lexington area. In New Lexington, 32.95% of households rent, and 51.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Lexington is $5,161 per month. Households that rent pay about 15.50% of their income on rent here. New Lexington’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mainsville, OH: higher priced homes
- Rehoboth, OH: higher priced homes
- Wilbren, OH: higher priced homes
- Moxahala, OH: equally priced homes
- Cloverhill, OH: equally priced homes
- McLuney, OH: less expensive homes
- Junction City, OH: higher priced homes
- Redfield, OH: higher priced homes
- Crooksville, OH: less expensive homes
- Moores Junction, OH: higher priced homes
Cities with Similar Populations
- Stormville, NY: higher priced homes
- Sullivan, IL: equally priced homes
- Sullivan City, TX: less expensive homes
- Sugarcreek, OH: higher priced homes
- Sudden Valley, WA: higher priced homes
- Sturgis, SD: higher priced homes
- Sturbridge, MA: higher priced homes
- Street, MD: higher priced homes
- Strathmore, NJ: higher priced homes
- Stratham, NH: higher priced homes
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