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housing costs · Virginia

Housing costs in Lexington city

What it costs to live here: rent, home values and the share of income rent takes.

FIPS 51678SOURCE: Census ACSEvery figure source-linked

Cite: FACTANKER, https://factanker.com/us/va/lexington-city/housing-costs

Median gross rent

Survey periodValueMargin of errorSource
2020–2024$1,081± $182evidence →
2019–2023$985± $181evidence →
2018–2022$1,000± $248evidence →
2017–2021$1,057± $127evidence →

Median home value

Survey periodValueMargin of errorSource
2020–2024$275,200± $46,191evidence →
2019–2023$275,300± $36,555evidence →
2018–2022$224,700± $72,539evidence →
2017–2021$251,500± $52,342evidence →

Rent as share of income

Survey periodValueMargin of errorSource
2020–202429.2 %± 4.8 %evidence →
2019–202328.4 %± 8.5 %evidence →
2018–202224.1 %± 10.1 %evidence →
2017–202130.3 %± 8.7 %evidence →

In context

Median rent in Lexington city is $1,081, above the Virginia median of $1,059 across 133 counties (2020–2024).

American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.

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