Property Prices in Lexington, KY, United States

Index Info
Price to Income Ratio: 2.51
Mortgage as Percentage of Income: 17.92%
Loan Affordability Index: 5.58
Price to Rent Ratio - City Centre: 10.59
Price to Rent Ratio - Outside of Centre: 7.40
Gross Rental Yield (City Centre): 9.45%
Gross Rental Yield (Outside of Centre): 13.52%
Rent Per Month
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Apartment (1 bedroom) in City Centre 830.60 $ 729.80-1,100.00
Apartment (1 bedroom) Outside of Centre 694.85 $ 650.00-726.20
Apartment (3 bedrooms) in City Centre 1,450.00 $ 1,000.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,070.00 $ 950.00-1,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 175.83 $ 161.55-200.00
Price per Square Feet to Buy Apartment Outside of Centre 97.41 $ 94.57-100.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,928.08 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.79 3.00-4.50

These data are based on 84 entries in the past 18 months from 14 different contributors.
Last update: June 2021

Sources and References
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