GITNUX MARKETDATA REPORT 2024
Statistics About The Average Rent In Lexington Ky
The average rent in Lexington, KY is around $1,000 per month.
In this post, we analyze key statistics regarding the average rent and housing market trends in Lexington, KY. From the average rent prices for apartments and houses to the rent burden on residents, we offer a comprehensive overview of the rental landscape in this vibrant city. Dive into the data to gain insights into the affordability and trends shaping the housing market in Lexington, Kentucky.
Statistic 1
"The average rent for an apartment in Lexington, KY is $922 per month."
Statistic 2
"The average rent for a three-bedroom apartment in Lexington, KY is $1,348."
Statistic 3
"Roughly 52% of the Lexington, KY population are renters."
Statistic 4
"The median rent for houses in Lexington, KY is $850 per month."
Statistic 5
"On average, rent in Lexington, KY is lower than the national average."
Statistic 6
"The rent burden in Lexington, KY is 29.8%, meaning the average person spends almost 30% of their income on rent."
Statistic 7
"Single-family detached homes in Lexington, KY make up 63.5% of the city's housing units"
Statistic 8
"The average price per square foot for an apartment in Lexington, KY is $1."
Statistic 9
"The vacancy rate for rental properties in Lexington, KY is 6.7%."
Statistic 10
"Over the past month, the average rent for a studio apartment in Lexington increased by 1% to $605."
