Here's what it costs to live in Lexington-Fayette, Kentucky, based on the latest US government data. Renters pay a median of $1,164 per month, while the typical home is valued around $293,500. Households earn a median of $69,479 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 24. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$69,479
Median Income / yr
Census ACS
$1,164
Median Rent / mo
Census ACS
$293,500
Median Home Value
Census ACS
N/A
Cost of Living Index
Studio FMR
$883
HUD · FY2024
1BR Fair Market Rent
$1,079
HUD · FY2024
2BR Fair Market Rent
$1,272
HUD · FY2024
3BR Fair Market Rent
$1,743
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | N/A |
| Registered Nurse | N/A |
| Elementary Teacher | N/A |
| Electrician | N/A |
| Accountant | N/A |
| Plumber | N/A |
| Nurse Practitioner | N/A |
| Civil Engineer | N/A |
| Operations Manager | N/A |
| Market Research Analyst | N/A |
| Health Services Manager | N/A |
| Truck Driver | N/A |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
323,725
Latest estimate
Median Age
35.3 yrs
Census ACS
24.0
Good0 = clean · 50 = moderate boundary · lower is better
Source: EPA AirNow
Total Neighborhoods
19
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,033
Per month
Avg Home Value
$281,718
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 40324 | — | $1,098 | $239,700 |
| ZIP 40361 | — | $785 | $192,500 |
| ZIP 40391 | — | $859 | $182,700 |
| ZIP 40502 | — | $1,047 | $453,400 |
| ZIP 40503 | — | $1,071 | $259,700 |
| ZIP 40504 | — | $859 | $195,700 |
| ZIP 40505 | — | $933 | $153,100 |
| ZIP 40507 | — | $786 | $346,600 |
| ZIP 40508 | — | $892 | $148,800 |
| ZIP 40509 | — | $1,235 | $317,500 |
Showing top 10 of 19 tracked neighborhoods.
January Avg
33°F
July Avg
76°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Temperate · Source: NOAA/NCEI 30-year normals.
Healthcare Score
31.3
poor
Hospitals
7
Doctors per 1,000
1.00
Insurance Coverage
92.8%
The cost of living index for Lexington-Fayette is not yet available.
The median gross rent in Lexington-Fayette is $1,164 per month according to US Census ACS data.
The median household income in Lexington-Fayette is $69,479 per year.
The median home value in Lexington-Fayette is $293,500 based on the latest Census ACS survey.
Lexington-Fayette has an average Air Quality Index (AQI) of 24.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
Tax data for Kentucky is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
