2026 Affordability Data
Most Affordable Neighborhoods in Lexington - 2026 Data
The median home value in Lexington is $131,700, 53% below nat'l avg. Median rent is $754/month. With an affordability index of 164, Lexington is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Lexington, NE area.
Key Takeaways: Affordability in Lexington
- 1The most affordable neighborhood in Lexington is Papillion, with a median home value of $269,600.
- 2Lexington's median home value is $131,700, 53% below nat'l avg (national: $281,900).
- 3Lexington's affordability index is 164 (baseline 100), making it more affordable than the national average.
- 4Median rent in Lexington is $754/month, 35% 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
$131,700
53% below nat'l avg
Median Rent
$754/mo
35% below nat'l avg
Median Income
$63,939
14% below nat'l avg
Affordability Index
164
64% above nat'l avg
Most Affordable Neighborhoods in Lexington (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | PapillionNE | $269,600 |
| 2 | North PlatteNE | $152,500 |
| 3 | ScottsbluffNE | $131,400 |
| 4 | BeatriceNE | $141,900 |
| 5 | NorfolkNE | $192,300 |
| 6 | GretnaNE | $286,600 |
| 7 | BellevueNE | $211,500 |
| 8 | Grand IslandNE | $183,700 |
| 9 | South Sioux CityNE | $151,200 |
| 10 | La VistaNE | $222,900 |
| 11 | HastingsNE | $156,400 |
| 12 | ColumbusNE | $187,800 |
| 13 | FremontNE | $174,000 |
| 14 | OmahaNE | $210,000 |
| 15 | LincolnNE | $210,000 |
Detailed Neighborhood Profiles
Home Value: $269,600
Rent: $754/mo
Affordability: 164
Population: 24,016
Walk Score: 0/100
Home Value: $152,500
Rent: $754/mo
Affordability: 164
Population: 23,309
Walk Score: 0/100
Home Value: $131,400
Rent: $754/mo
Affordability: 164
Population: 14,454
Walk Score: 0/100
4
Home Value: $141,900
Rent: $754/mo
Affordability: 164
Population: 12,237
Walk Score: 0/100
5
Home Value: $192,300
Rent: $754/mo
Affordability: 164
Population: 25,883
Walk Score: 0/100
6
Home Value: $286,600
Rent: $754/mo
Affordability: 164
Population: 9,019
Walk Score: 0/100
7
Home Value: $211,500
Rent: $754/mo
Affordability: 164
Population: 63,336
Walk Score: 0/100
8
Home Value: $183,700
Rent: $754/mo
Affordability: 164
Population: 52,822
Walk Score: 0/100
9
Home Value: $151,200
Rent: $754/mo
Affordability: 164
Population: 13,835
Walk Score: 0/100
10
Home Value: $222,900
Rent: $754/mo
Affordability: 164
Population: 16,713
Walk Score: 0/100
11
Home Value: $156,400
Rent: $754/mo
Affordability: 164
Population: 25,098
Walk Score: 0/100
12
Home Value: $187,800
Rent: $754/mo
Affordability: 164
Population: 24,035
Walk Score: 0/100
13
Home Value: $174,000
Rent: $754/mo
Affordability: 164
Population: 27,230
Walk Score: 0/100
14
Home Value: $210,000
Rent: $1,348/mo
Affordability: 93
Population: 486,051
Walk Score: 95/100
15
Home Value: $210,000
Rent: $948/mo
Affordability: 36
Population: 291,082
Walk Score: 98/100
Frequently Asked Questions About Affordability in Lexington
What is the most affordable neighborhood in Lexington, NE?▾
Based on 2026 data, Papillion is the most affordable neighborhood in Lexington with a median home value of $269,600. Kurby analyzed 15 neighborhoods in the Lexington area to compile these rankings.
What is the median home price in Lexington, NE?▾
The median home price in Lexington is $131,700, which is 53% 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 164, which means housing is more 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, NE?▾
The median monthly rent in Lexington is $754. This is 35% 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 $63,939 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 Papillion at $269,600 (Source: Kurby, 2026).