Affordable & Income-Based Housing in Lexington

Affordability in Lexington, NC

According to Census ACS 5-Year data (as of 2024), the median monthly rent in Lexington is $893 and the median household income is $43,128 per year. With 58% of residents renting, affordable housing options play an important role in this community.

Safety

According to FBI Crime Data Explorer, the Lexington Police Department reported a violent crime rate of 437 per 100,000 residents in 2024. Note that crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

Getting Around Lexington

According to Walk Score, the areas around assisted properties in Lexington earn a Walk Score of 21 (Car-Dependent) and a Bike Score of 21. No Transit Score is available for this area. Residents should plan on having access to a vehicle for most daily trips.

Schools

According to NCES Common Core of Data, 27 schools across 3 districts serve Lexington, including 15 elementary, 4 middle, and 8 high schools. Ratings vary by school and district, so renters should check the assigned schools for a specific address.

Cost of Renting in Lexington, NC

The median household income in Lexington is $43,128 per year, according to Census ACS 5-Year data. The median gross rent is $893 per month, also per Census ACS 5-Year estimates.

Affordable and income-based housing in Lexington can help renters whose costs would otherwise strain a modest household budget. Lexington has 11 HUD-assisted or income-restricted properties covering 286 units, giving renters below market-rate options to consider.

• Median household income: $43,128/year (Census ACS 5-Year)
• Median gross rent: $893/month (Census ACS 5-Year)
• Share of households that rent: 58% (Census ACS 5-Year)
• Income-restricted properties in the city: 11 buildings, 286 units

Flood and Environmental Exposure

All 11 HUD-assisted properties in Lexington have been mapped for flood risk. None are located in a high-risk flood zone, which is a reassuring finding for renters concerned about flood exposure.