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City · 24,585 residents · Lexington County, South Carolina

Lexington , South Carolina

In Lexington, a typical home is worth $297,700 and typical rent is $1,545 a month. Compared with all of Lexington County, typical rent is 31% higher, the typical home value is 27% higher, and the share of households that own their home is 9 points lower.

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  • Typical home value

    $297,700

    27% above the county

    15% above South Carolina

    • Lexington
    • County
    • South Carolina

  • Typical rent

    $1,545a month

    31% above the county

    31% above South Carolina

    • Lexington
    • County
    • South Carolina

  • Typical household income

    $87,126a year

    13% above the county

    26% above South Carolina

    • Lexington
    • County
    • South Carolina

  • Households that own their home

    69%

    9 points below the county

    3 points below South Carolina

    • Lexington
    • County
    • South Carolina

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$305,130
1.3% more than 12 months ago
Typical rent
$1,774 a month
1.7% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Lexington is in Lexington County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Lexington County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Lexington apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Red Bank, the typical home value is $189,000: 37% less than in Lexington ($297,700).

  2. Nearby, in Oak Grove, the typical rent is $1,045: 32% less than in Lexington ($1,545).

  3. The typical rent in Lexington is $1,545 a month, 31% more than in Lexington County as a whole ($1,178).

  4. The typical home in Lexington is worth $297,700, 27% more than in Lexington County as a whole ($234,500).

  5. 69% of households in Lexington own their home, against 77% in Lexington County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Lexington

What homes there are in Lexington, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is still the most common home in Lexington, but it weighs less than in Lexington County: 64% against 71%.

Year built

Homes in Lexington are newer: the typical year built is 2002; in Lexington County, 1993.

Homes in Lexington are smaller: 68% have 3 bedrooms or more; in Lexington County, 77%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,580 a month

Lexington County: $1,403 a month

Without a mortgage

$497 a month

Lexington County: $422 a month

Owners with a mortgage

73%

Lexington County: 63%

Owning costs more in Lexington: with a mortgage, the typical cost is $1,580 a month; in Lexington County, $1,403. Without one, $497.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Since 2015–2019, homes in Lexington gained value faster than in Lexington County: 56% against 49%.

Since 2015–2019, the typical rent in Lexington rose 45%, more than in Lexington County (29%).

Here income did not keep up with housing: it rose 19%, while home values changed +56% and rent +45%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureLexingtonLexington CountySouth CarolinaUnited States
Rental vacancy Unreliable estimate4.0%8.3%5.5%
Homeowner vacancy Unreliable estimate0.4%0.9%0.9%
More than one person per room Unreliable estimate1.9%2.0%3.4%
People per household 2.422.482.442.53
Drive alone 76%77%76%69%
Carpool 6%9%9%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike Unreliable estimate1%2%3%
Work from home 14%12%12%15%
Other means Unreliable estimate1%2%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

Much as in Lexington County, a household in Lexington has 2.42 people on average.

To get to work, 76% of workers in Lexington drive alone; in Lexington County, 77%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Lexington?

A typical home is tight for the typical income

We start with a typical home in Lexington, worth $297,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 33% of the typical household income in Lexington, which is $87,126 a year. For that payment to be 28% of income, a household would need to earn about $101,353 a year.

The calculator's FHA and conventional loan limits are those of all of Lexington County.

Your numbers

Local data
$

Starts at the typical home value in Lexington. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $10,420 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,365

at 7.18% · 30 years

Loan amount
$292,307
Total interest
$420,562
Paid off in
November 2056

Includes $5,027 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,033 a month

  • Tight

    $2,033 to $2,614 a month

    Your payment · 33%

  • Hard

    more than $2,614 a month

Compared with the typical household income in Lexington ($87,126 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,365
Principal & interest$1,980
Property tax$129
Home insurance$124
FHA mortgage insurance (MIP)$132

You need at least $10,420 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Lexington and Lexington County

Lexington is in Lexington County, South Carolina. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Lexington's own numbers

Typical home value
$297,700
Typical monthly rent
$1,545
Typical yearly household income
$87,126
Households that own their home
69%
Effective property tax rate
0.52%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Lexington County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,226
Price change over 5 years (FHFA)
+60%
Homes in a high flood-risk zone
1.2%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Lexington County.

Everything about Lexington County

Buying

Buying a home in Lexington

A typical home in Lexington is worth $297,700: 27% above the county and 15% above South Carolina. With the typical household income in Lexington ($87,126 a year), a typical home costs 3.4 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Lexington 3.4 years
  • County 3.0 years
  • South Carolina 3.7 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Lexington County

According to FHFA’s house price index, home prices in Lexington County rose 94% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Lexington County.

Period County South Carolina U.S.
Last year (2025) +3.7% +3.6% +2.9%
5 years (2020–2025) +60% +60% +47%
10 years (2015–2025) +94% +104% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Lexington next to Lexington County, South Carolina and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Lexington $297,700
  • County $234,500
  • South Carolina $259,000
  • United States $332,700
Typical monthly rent
  • Lexington $1,545
  • County $1,178
  • South Carolina $1,180
  • United States $1,413
Typical yearly household income
  • Lexington $87,126
  • County $77,408
  • South Carolina $69,324
  • United States $80,734
See the full table
Lexington next to Lexington County and South Carolina
Measure Lexington Lexington County South Carolina U.S.
Typical home value $297,700 $234,500 $259,000 $332,700
Typical monthly rent $1,545 $1,178 $1,180 $1,413
Typical yearly household income $87,126 $77,408 $69,324 $80,734
Households that own their home 69% 77% 72% 65%
Typical yearly property tax $1,541 $1,151 $1,251 $3,119
Effective property tax rate 0.52% 0.49% 0.48% 0.94%
Renters with high rent for their income 47% 48% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Lexington County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Lexington

For a typical $297,700 home in Lexington, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Lexington's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,365a month

    Least cash to close
    Down payment
    $10,420
    Cash to close
    $19,351
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $132

  • Conventional, 5% down $2,310a month

    Down payment
    $14,885
    Cash to close
    $23,816
    Rate
    7.18%
    Mortgage insurance
    PMI · $141

  • Conventional, 20% down, no PMI $1,866a month

    Down payment
    $59,540
    Cash to close
    $68,471
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,142a month

    Down payment
    $44,655
    Cash to close
    $53,586
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Lexington and for Lexington County.

Property tax

Effective rate in Lexington

0.52%of the home’s value each year

$1,541 a year for the typical owner in Lexington.

  • Lexington 0.52%
  • County 0.49%
  • South Carolina 0.48%

What South Carolina publishes Special 4% assessment ratio for your legal residence (South Carolina General Assembly (South Carolina Code of Laws))

Exemptions and deadlines in South Carolina

Flood risk in Lexington County

FEMA does not publish these numbers by city: they are for all of Lexington County.

Homes in the high-risk zone
1.2%
1,395
Of those, with NFIP insurance
67%
County South Carolina U.S.
Homes in the high-risk zone 1.2% 4% 3.5%
Of those, with NFIP insurance 67% 85% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Lexington

Typical rent in Lexington is $1,545 a month: 31% above the county. In Lexington, 47% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Lexington County, by unit size. To pay the 2-bedroom one ($1,226 a month) without spending more than 30% of your income, you would need to earn $23.58 an hour working full time.

HUD fair market rent for all of Lexington County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $992 $19.08 $39,680
1 bedroom $1,126 $21.65 $45,040
2 bedrooms $1,226 $23.58 $49,040
3 bedrooms $1,546 $29.73 $61,840
4 bedrooms $1,754 $33.73 $70,160

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Lexington

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Lexington is in ZIP code 29072.

For 2 bedrooms it is $1,420: $194 more than the fair market rent for Lexington County ($1,226).

  • 29072 $1,420$1,790

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Lexington when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Lexington

HUD lists 9 buildings with rents for lower incomes in Lexington. These are the largest.

  • Park North Apartments 200 Brookhill W, Lexington 29072 84 low-income homes · For families (803) 359-9083
  • Autumnwood Crossing 207 Topsider Ct, Lexington 29072 50 low-income homes · 1 bd: 10 · 2 bd: 40 · In service since 2019
  • Fern Hall Crossing 123 Brevard Pkwy, Lexington 29073 48 low-income homes · 1 bd: 4 · 2 bd: 20 · 3 bd: 24 · In service since 2008
  • Hampton's Crossing 515 Northwood Rd, Lexington 29072 48 low-income homes · 1 bd: 12 · 2 bd: 36 · In service since 2017 · For families
  • Pebble Creek 136 Library Hill Ln, Lexington 29072 48 low-income homes · 2 bd: 48 · In service since 2011 · For older adults

See all 30 buildings in Lexington County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Lexington

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Lexington County. The nearest ones are below; many serve by phone or online.

A young man and a young woman look something up together on a laptop.

HUD counseling is free or low-cost

Assistance programs in Lexington

No down payment, repair or rent-help program on our list is for Lexington or Lexington County. The ones below are statewide in South Carolina: they work in Lexington the same as in the rest of the state.

Which programs do I qualify for? All programs in South Carolina

  • Palmetto Home Advantage

    Statewide in South Carolina

    South Carolina state agency program with forgivable down payment assistance of 0%, 3% or 4% of the loan, with no monthly payments, for any buyer in all 46 counties. Offered by SC Housing (South Carolina State Housing Finance and Development Authority).

    Forgivable

    See the program Official page

  • SC Housing Homebuyer Program

    Statewide in South Carolina

    South Carolina state agency fixed-rate mortgage with forgivable help for the down payment, closing costs or prepaid expenses: a 0% second mortgage with no monthly payments, forgiven if you live in the home 15 years. Offered by SC Housing (South Carolina State Housing Finance and Development Authority).

    Forgivable

    See the program Official page

Housing counselors near Lexington

The HUD-approved agencies closest to the center of Lexington, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • NSC (naca Counseling Subsidiary) - Columbia, SC

    810 Dutch Square Blvd Suite 220, Columbia · 8 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (803) 255-0223

  • New America Corporation

    1136 Russell St, Orangeburg · 40 miles away

    • Pre-purchase counseling
    • Homebuyer education workshops
    (803) 534-0035

  • Southeastern Housing & Community Development Fka Southeastern Housing Foundation

    986 Doyle St, Orangeburg · 40 miles away

    • Budget and financial counseling
    • Fair housing pre-purchase workshops
    • and 3 more
    (803) 534-9950

All counseling agencies in South Carolina

Help in Spanish near Lexington

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Lexington

In HUD’s record, no housing authority with an office in Lexington County is named for Lexington or Lexington County.

One other authority has an office in Lexington County: see the list Source: HUD

Cities

Other cities in Lexington County

These cities are also in Lexington County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Lexington County Housing in South Carolina

Nearby cities

The cities closest to Lexington, with the typical home value.

Neighboring counties

If Lexington County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Lexington.

All guides
A man and two girls read a book together on the sofa.

Questions

Housing questions about Lexington

Short answers with the numbers for Lexington and all of Lexington County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Lexington?

The typical home value in Lexington is $297,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lexington County it is $234,500.

How much does it cost to rent in Lexington?

Typical rent in Lexington is $1,545 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Lexington County is $1,226.

What is the FHA loan limit in Lexington?

Lexington uses the FHA limit for all of Lexington County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Lexington?

The typical homeowner in Lexington pays $1,541 a year, according to the U.S. Census Bureau. That is 0.52% of the home’s value; in Lexington County, the rate is 0.49%.

Where can I find free help to buy or rent in Lexington?

We found no HUD-approved counseling agencies with an office in Lexington County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).