Rental prices in Southwest Lexington, Lexington, KY have increased by 1.28% over the past year. The average rent moved from $1,428 to $1,446.
Check out the average rent in Lexington.
The national average price of rental apartments is $1,741, while the average monthly rent in Southwest Lexington, Lexington, KY is $1,446.
The average monthly rent for an apartment in Southwest Lexington, Lexington, KY is around $1,446.
A share of 13% of apartments in Southwest Lexington, Lexington, KY have the cheapest rents between ≤ $1000. Around 2% of rentals are $2,001-$2,500. Around 41% of Southwest Lexington's apartments have monthly rents between $1,001-$1,500. There are 44% of apartments with rents between $1,501-$2,000.
The largest share of rentals in Southwest Lexington, Lexington, KY (44%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Southwest Lexington, Lexington, KY is $1,198.
In Southwest Lexington 33% of the housing is rented out compared to 67% of homes are owned, according to the most recent Census Bureau estimates. 6% of Southwest Lexington's apartments are found in large buildings of 50 units or more, 60% are located in smaller apartment complexes with less than 50 units, and 34% are single-family rentals.
In total, Southwest Lexington, Lexington, KY has 29,251 residents, 14,928 women and 14,322 men, per U.S. Census recent estimates. Statistics show that the median age of Southwest Lexington’s population is 38.
There is a total of 12,056 households in Southwest Lexington, Lexington, KY. Of these, 3,748 have children and 8,307 are without children. Per Census Bureau’s most current estimates, 7,726 family households and 4,329 non-family households live in this area. The size of a household in Southwest Lexington is 1.94 people, on average. The median household annual income in Southwest Lexington equals $85,249, and the monthly housing costs equal $1,302.
According to data from the U.S. Census Bureau, 1% of the population in Southwest Lexington, Lexington, KY have no high school education, 18% went to high-school, and 23% have partially completed college. Moreover, 7% of the population hold an Associate Degree, 29% hold a Bachelor Degree, and 23% hold a Graduate Degree.
