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Richmond vs Lexington-Fayette: Housing

RichmondLexington-Fayette
Median Home Value$214,900$293,500
Median Gross Rent$917/mo$1,164/mo
Homeownership Rate38.3%53.8%
Rent as Share of Income21.6%20.1%

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.