Land and home values in Lexington-Fayette, KY
Lexington-Fayette is a municipality in Fayette County, Kentucky, home to about 323,725 people. Residential land runs about $6.77 per sq ft, the typical home is worth about $334,000, and a 2-bedroom rents for about $1,190 a month, as of October 12, 2026.
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| Land: residential | $6.77 | per sq ft |
| Land: residential | $295,032 | per acre |
| Land: quarter-acre lot | $73,758 | 10,890 sq ft |
| Home: typical (median) | $334,000 | value |
| Home: entry-level | $148,000 | lower quartile |
| Home: upper-end | $334,000 | upper quartile |
| Build new | $157 | per sq ft, no land |
| Rent: 1-bedroom | $992 | per month |
| Rent: 2-bedroom | $1,190 | per month |
| Rent: 3-bedroom | $1,600 | per month |
| Rent: 4-bedroom | $1,780 | per month |
| Gross yield, 2-bed | 4.3% | a year |
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Questions people ask
How much is land worth in Lexington-Fayette, KY?
Residential land in Lexington-Fayette, KY is about $6.77 per square foot, or $295,032 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $73,758. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Lexington-Fayette, KY?
The typical (median) home in Lexington-Fayette, KY is worth about $334,000, with entry-level homes around $148,000 and upper-end homes around $334,000, as of October 2026.
How much is rent in Lexington-Fayette, KY?
A 2-bedroom rents for about $1,190 a month in Lexington-Fayette, KY, a 1-bedroom about $992 and a 3-bedroom about $1,600 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.