Home prices
The median home cost in Lexington-Fayette is $189,800. Compared to its nearby areas this is approximately $35,083 (22%) higher.It is roughly $27,700 (12%) lower compared to the US as a whole.
Rents
The median monthly rent in Lexington-Fayette is $896. Compared to nearby areas it is roughly $120 (15%) higher.It is about $166 (15%) lower in comparison to the entire country.
Nearby places
Nicholasville
Nicholasville is Lexington-Fayette's neighbor to the southwest. Housing prices there are a bit less expensive. Nicholasville's median home cost is $144,800, which works out to $45,000 (31%) lower than Lexington-Fayette. Rent there is a little less expensive. In Nicholasville the median rent is $792 per month, which works out to $104 (13%) lower than Lexington-Fayette.
Versailles
Versailles is approximately 12 miles west of Lexington-Fayette. The housing prices there are somewhat less expensive. The median home cost in Versailles is $171,300, which works out to $18,500 (10%) lower than Lexington-Fayette. The rent there is a bit less expensive. Versailles's median rent is $743 per month, which works out to $153 (20%) lower than Lexington-Fayette.
Midway
Midway is approximately 12 miles northwest of Lexington-Fayette. The housing prices there are fairly similar. Midway's median home price is $186,600, which is $3,200 (1%) lower than Lexington-Fayette. Its rents are somewhat less expensive. In Midway the median monthly rent is $826, which is $70 (8%) lower than Lexington-Fayette.
Winchester
Winchester is approximately 12 miles east from Lexington-Fayette. Its housing prices are a lot less expensive. The median home in Winchester is valued at $128,200, which comes out to $61,600 (48%) lower than Lexington-Fayette. Rents there are somewhat less expensive. The median monthly rent in Winchester is $698, which is $198 (28%) lower than Lexington-Fayette.
Georgetown
Georgetown is approximately 13 miles north from Lexington-Fayette. Housing prices there are somewhat less expensive. The median home in Georgetown is valued at $170,000, which is $19,800 (11%) lower than Lexington-Fayette. Rents there are similar. The median rent in Georgetown is $889 per month, which is very similar to Lexington-Fayette.
Paris
Paris is roughly 14 miles northeast of Lexington-Fayette. The real estate prices there are substantially less expensive. The median home in Paris is valued at $127,400, which works out to $62,400 (48%) lower than Lexington-Fayette. Rents there are somewhat less expensive. In Paris the median monthly rent is $709, which is $187 (26%) lower than Lexington-Fayette.