City

LEXINGTON, VA

The median home in Lexington, Virginia is valued at $349,671, up 3.4% year over year. Typical monthly rent is $2,025, producing a price-to-rent ratio of 14.4xbelow the national average of 18x.

Home Value$349,671
+3.4%
Rent$2,025/mo
AFFORDABILITY

Enter your income for Lexington.

$69,934 on $349,671
Stretch — 34.2% of income

Above 28% but manageable with cuts.

PITI$2,140
P/I34.2%
Afford$286K
Gap-$64K
P&I $1,768Tax $239Ins $133
Renting $115/mo cheaper ($2,025 rent)6.50% 30yr, 20% down, county tax + VA ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Virginia

Compare Lexington with other housing markets across Virginia.