The Most Affordable Neighborhoods in Virginia Ave, Lexington, KY by Home Value

 

Virginia Ave, Lexington, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Virginia Ave area can be challenging. Home prices in Virginia Ave are now at a median cost of $157,713, lower than the Lexington average of $232,395.

The average cost of rent is $842/mo in Virginia Ave, primarily driven by the current value of real estate in the Virginia Ave area. While nearly 31.30% of residents own their homes outright in Virginia Ave, 94.81% rent.

Housing affordability isn’t just about home prices, though. The average household income in Virginia Ave is $1,606 per month. Households that rent pay about 52.45% of their income on rent here. Virginia Ave's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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