2026 Affordability Data
Most Affordable Neighborhoods in Lexington - 2026 Data
The median home value in Lexington is $225,000, 20% below nat'l avg. Median rent is $888/month. With an affordability index of 37, Lexington is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Lexington, KY area.
Key Takeaways: Affordability in Lexington
- 1The most affordable neighborhood in Lexington is Harrodsburg, with a median home value of $154,800.
- 2Lexington's median home value is $225,000, 20% below nat'l avg (national: $281,900).
- 3Lexington's affordability index is 37 (baseline 100), making it less affordable than the national average.
- 4Median rent in Lexington is $888/month, 24% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Lexington to find the most affordable areas based on home values, rent, and affordability index.
Lexington Affordability Overview
Median Home Value
$225,000
20% below nat'l avg
Median Rent
$888/mo
24% below nat'l avg
Median Income
$56,580
24% below nat'l avg
Affordability Index
37
63% below nat'l avg
Most Affordable Neighborhoods in Lexington (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | HarrodsburgKY | $154,800 |
| 2 | HendersonKY | $144,200 |
| 3 | SomersetKY | $131,900 |
| 4 | HopkinsvilleKY | $130,500 |
| 5 | MaysvilleKY | $146,500 |
| 6 | FrankfortKY | $157,300 |
| 7 | St. MatthewsKY | $307,400 |
| 8 | Louisville/Jefferson County metro government (balance)KY | $204,800 |
| 9 | AlexandriaKY | $242,700 |
| 10 | FranklinKY | $166,600 |
| 11 | OwensboroKY | $151,800 |
| 12 | ParisKY | $158,700 |
| 13 | ShivelyKY | $133,400 |
| 14 | JeffersontownKY | $225,500 |
| 15 | ElizabethtownKY | $207,800 |
Detailed Neighborhood Profiles
Home Value: $154,800
Rent: $817/mo
Affordability: 146
Population: 9,057
Walk Score: 0/100
Home Value: $144,200
Rent: $817/mo
Affordability: 146
Population: 28,166
Walk Score: 0/100
Home Value: $131,900
Rent: $817/mo
Affordability: 146
Population: 11,998
Walk Score: 0/100
4
Home Value: $130,500
Rent: $817/mo
Affordability: 146
Population: 31,042
Walk Score: 0/100
5
Home Value: $146,500
Rent: $817/mo
Affordability: 146
Population: 8,831
Walk Score: 0/100
6
Home Value: $157,300
Rent: $817/mo
Affordability: 146
Population: 28,460
Walk Score: 0/100
7
Home Value: $307,400
Rent: $817/mo
Affordability: 146
Population: 17,511
Walk Score: 0/100
8
Home Value: $204,800
Rent: $817/mo
Affordability: 146
Population: 629,176
Walk Score: 0/100
9
Home Value: $242,700
Rent: $817/mo
Affordability: 146
Population: 10,322
Walk Score: 0/100
10
Home Value: $166,600
Rent: $817/mo
Affordability: 146
Population: 10,141
Walk Score: 0/100
11
Home Value: $151,800
Rent: $817/mo
Affordability: 146
Population: 60,019
Walk Score: 0/100
12
Home Value: $158,700
Rent: $817/mo
Affordability: 146
Population: 10,143
Walk Score: 0/100
13
Home Value: $133,400
Rent: $817/mo
Affordability: 146
Population: 15,595
Walk Score: 0/100
14
Home Value: $225,500
Rent: $817/mo
Affordability: 146
Population: 28,796
Walk Score: 0/100
15
Home Value: $207,800
Rent: $817/mo
Affordability: 146
Population: 31,425
Walk Score: 0/100
Frequently Asked Questions About Affordability in Lexington
What is the most affordable neighborhood in Lexington, KY?▾
Based on 2026 data, Harrodsburg is the most affordable neighborhood in Lexington with a median home value of $154,800. Kurby analyzed 15 neighborhoods in the Lexington area to compile these rankings.
What is the median home price in Lexington, KY?▾
The median home price in Lexington is $225,000, which is 20% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Lexington affordable compared to the national average?▾
Lexington has an affordability index of 37, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Lexington, KY?▾
The median monthly rent in Lexington is $888. This is 24% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Lexington?▾
The median household income in Lexington is $56,580 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Lexington are below the national average home price?▾
14 out of 15 ranked neighborhoods in Lexington have a median home value below the national average of $281,900. The most affordable is Harrodsburg at $154,800 (Source: Kurby, 2026).