Lexington
Kentucky · Ranked #33 of 102 metros
58Moderate
Median Home Price
🏠$280K
Need $80K income
Median Rent
🔑$1K
Need $44K income
Housing Shortage
📉10,000
units needed
Building Permits
🔨5,000
annual
Median Income
💰$59K
Pop: 517,056
Rent Burden
⚠️30.0%
of renters paying >30%
Price Change (YoY)
📈+4.5%
Homeownership
🏡61.5%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Lexington | National |
|---|---|---|
| Price-to-Income Ratio | 4.8x | 6.1x |
| Rent Burden | 30.0% | 31.5% |
| Homeownership Rate | 61.5% | 65.5% |
| YoY Price Change | +4.5% | +3.5% |
| YoY Rent Change | +3.5% | +2.8% |
| Mortgage Denial Rate | 12.5% | 13.5% |
| Eviction Rate | 5.0% | 3.6% |