Similar to its nearby areas, it is substantially less expensive compared to the rest of the country. However it is somewhat less expensive compared to the city of Jackson.
Home prices
The median home in Lexington costs $64,300. It is is very similar compared to the surrounding areas.In comparison to the entire nation it is approximately $153,200 (70%) lower, and in comparison to the city of Jackson is about $26,400 (29%) lower.
Rents
In Lexington the median monthly rent is $630. In comparison to other places in this area it is about $84 (15%) higher.It is roughly $432 (40%) lower in comparison to the entire nation, and it is about $217 (25%) lower in comparison to the city of Jackson.
Nearby places
Tchula
Tchula is roughly 10 miles northwest from Lexington. Its real estate prices are a little less expensive. The median home in Tchula costs $58,200, which comes out to $6,100 (10%) lower than Lexington. Rent there is a lot less expensive. The median monthly rent in Tchula is $325, which comes out to $305 (93%) lower than Lexington.
Durant
Durant is roughly 10 miles east from Lexington. Housing prices there are a little less expensive. The price of the median home in Durant is $54,600, which comes out to $9,700 (17%) lower than Lexington. Its rents are a little less expensive. The median rent in Durant is $564 a month, which comes out to $66 (11%) lower than Lexington.
Goodman
Goodman is roughly 13 miles southeast from Lexington. Its housing prices are a little less expensive. Goodman's median home value is $49,800, which works out to $14,500 (29%) lower than Lexington. Rent there is a little less expensive. Goodman's median monthly rent is $493, which comes out to $137 (27%) lower than Lexington.
Sallis
Sallis is roughly 16 miles southeast from Lexington. Housing prices there are somewhat more expensive. The median home in Sallis costs $85,400, which comes out to $21,100 (24%) higher than Lexington. Rent there is a little more expensive. Sallis's median monthly rent is $858, which comes out to $228 (26%) higher than Lexington.
Pickens
Pickens is approximately 17 miles south of Lexington. The housing prices there are somewhat more expensive. The median home in Pickens costs $70,600, which is $6,300 (8%) higher than Lexington. Rents there are somewhat less expensive. The median rent in Pickens is $492 a month, which is $138 (28%) lower than Lexington.
