Property Prices in Lexington, KY, United States

Index Info
Price to Income Ratio: 2.63
Mortgage as Percentage of Income: 22.92%
Loan Affordability Index: 4.36
Price to Rent Ratio - City Centre: 8.36
Price to Rent Ratio - Outside of Centre: 11.15
Gross Rental Yield (City Centre): 11.96%
Gross Rental Yield (Outside of Centre): 8.97%
Rent Per Month
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1 Bedroom Apartment in City Centre 1,138.75 $ 800.00-1,500.00
1 Bedroom Apartment Outside of City Centre 844.00 $ 600.00-1,250.00
3 Bedroom Apartment in City Centre 2,050.00 $ 2,000.00-2,300.00
3 Bedroom Apartment Outside of City Centre 1,560.00 $ 1,200.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 193.00 $ 189.99-196.02
Price per Square Feet to Buy Apartment Outside of Centre 193.00 $ 189.99-196.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,951.33 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.18 6.00-6.86

These data are based on 61 entries from 19 contributors over the past 18 months.
Last update: 8 February 2026

Sources and References
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