East Lexington renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in East Lexington is about $1,034 per month. This puts it in the 69th percentile compared to the state average cost of rent, which is $1,444. Households in East Lexington have a median income of $4,745 per month so the average renter in East Lexington is spending roughly 22% of their earnings on housing.
Nationally, and in East Lexington, home values are the data point most closely correlated with the cost of rent. The median price of a home in East Lexington is $220,038 right now, which is higher than nearby cities, meaning that rents in East Lexington also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of East Lexington while lower rent rates are often available in northern areas.
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