States › South Carolina › Lexington

Is Lexington, SC expensive to live in?

OKRent takes 23 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8143% higher than U.S. average
💵 Families earn per year (2026)$93,965about $7,830/month · 8% higher than U.S. average
🔑 House price$297,70011% lower than U.S. average

Rent is higher than in 58% of U.S. cities. A typical house costs about 3.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $72,560 a year. That is $35 an hour at a full-time job.

Is rent cheaper than other South Carolina cities?

No. Rent here is more expensive than in most of South Carolina. It is number 82 of 101 cities from cheapest to most expensive.

Lexington
$1,814
Taylors
$1,356
Easley
$1,588
Socastee
$1,818
North Augusta
$1,573
Simpsonville
$1,691
Carolina Forest
$1,743

How much do households earn in Lexington?

Under $25k
9.7%
$25k–50k
17.6%
$50k–100k
37.5%
$100k–150k
21.4%
$150k+
10.7%

Share of households by yearly income. 32.1% of households earn $100,000 or more.

Rent by apartment size in Lexington

SizeLexingtonU.S. average
1 bedroom$1,576$1,324
2 bedrooms$1,620$1,509
3 bedrooms$1,697$1,698
4 bedrooms$2,317$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Lexington overall?

Everyday prices in South Carolina overall are 6% below the U.S. average (index 93.7, U.S. = 100).

Housing
80
Goods (food, clothes…)
96
Utilities
88
Other services
98
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Lexington, so the South Carolina figure is shown.

Taxes and bills in Lexington

🏛️ Property tax$1,541a year · 0.52% of home value · U.S. $3,119
⚡ Electric bill$185a month (typical) · U.S. $156

Life in Lexington

Commute to work25.2 minU.S.: 26.4 min
College degree50.7%U.S.: 35.7%
Own their home68.7%U.S.: 65.2%
Below poverty line7.4%U.S.: 12.5%
Unemployment5.2%U.S.: 5.2%

Is it cheaper to rent or buy in Lexington?

Renting is cheaper right now: about $252 a month less.

Renting
$1,814
Owning
$2,066

Owning assumes a typical $297,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $29,770 for the down payment.

Frequently asked questions

What is the average rent in Lexington, SC?

Renting in Lexington costs a median of about $1,814 a month in 2026, including utilities. The South Carolina median is $1,479.

How much do I need to make to live in Lexington?

To keep rent under 30% of income, you need about $72,560 a year, or $35 an hour at a full-time job.

Is Lexington cheap or expensive?

Lexington is rated OK: rent takes 23.2% of the typical household income of $93,965. It ranks 82nd cheapest of 101 South Carolina cities we track.

How much are property taxes in Lexington?

The median homeowner in Lexington pays $1,541 a year in property taxes, about 0.52% of the median home value.

Is Lexington more expensive than the national average?

Overall prices in South Carolina are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Lexington?

The median home value in Lexington is $297,700, about 3.2 times the typical yearly household income.

24,585 people live in Lexington. Numbers are typical (middle) values.