Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Reservorir area can be challenging. Home prices in Reservorir are now at a median cost of $393,615, higher than the Lexington average of $232,395.
The average cost of rent is $1,080/mo in Reservorir, primarily driven by the current value of real estate in the Reservorir area. While nearly 43.72% of residents own their homes outright in Reservorir, 49.06% rent.
Housing affordability isn’t just about home prices, though. The average household income in Reservorir is $6,974 per month. Households that rent pay about 15.48% of their income on rent here. Reservorir's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- Chevy Chase-Ashland Park, Lexington, KY: higher priced homes
- Idle Hour, Lexington, KY: less expensive homes
- Brookhaven-Lansdowne, Lexington, KY: equally priced homes
- Mount Vernon-Hollywood-Montclair, Lexington, KY: less expensive homes
- Fairway-Liberty Heights, Lexington, KY: less expensive homes
- University of Kentucky, Lexington, KY: less expensive homes
- Blueberry Hill-Brigadoon-Stoneybrook, Lexington, KY: less expensive homes
- Southeastern Hills, Lexington, KY: less expensive homes
- Southland Deerfield Open Gates, Lexington, KY: less expensive homes
- Virginia Ave, Lexington, KY: less expensive homes
Neighborhoods with Similar Populations
- Airport, Riverside, CA: equally priced homes
- Whitney Ranch, Henderson, NV: less expensive homes
- Ravenna, Seattle, WA: higher priced homes
- Morningside, Detroit, MI: less expensive homes
- Loring Park, Minneapolis, MN: less expensive homes
- Hollywood Beach-Quadoman, Hollywood, FL: equally priced homes
- Highland-Stoner Hill, Shreveport, LA: less expensive homes
- Everett Mall South, Everett, WA: less expensive homes
- El Toro Marine Air Station, Irvine, CA: higher priced homes
- East Houston, Houston, TX: less expensive homes
All Local Stats
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