Lexington, SC housing market
Typical home value
$305K
▲ 1.3% 1 yr
Typical rent
$1,774/mo
▲ 1.7% 1 yr
Gross rent yield
7.0%
U.S. 6.3%
5-year home value change
+25%
U.S. +20%
Key takeaways
- 1The typical home in Lexington is worth $305,130, up 1.3% over the past year and up 25% over five years.
- 2Typical rent is $1,774 a month (+1.7% YoY), a gross rent yield of 7.0% (below the Columbia, SC metro's 7.4%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,677/mo, $97 less than typical rent.
- 4Zillow forecasts the Columbia, SC metro's home values to change +0.8% over the next 12 months.
Market temperature (Columbia, SC metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 34/100, #376 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Lexington compares
| Measure | Lexington | Columbia, SC metro | United States |
|---|---|---|---|
| Typical home value | $305,130 | $252,979 | $366,157 |
| Home value, 1-yr change | +1.3% | +1.6% | +1.2% |
| Typical rent | $1,774 | $1,557 | $1,932 |
| Rent, 1-yr change | +1.7% | +2.2% | +2.7% |
| Gross rent yield | 7.0% | 7.4% | 6.3% |
| Price-to-rent ratio | 14.3 | 13.5 | 15.8 |
| Mortgage P&I, typical home | $1,677 | $1,390 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Lexington rental, pre-filled.
Rent vs buy in Lexington
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $305K home.
Other cities in the Columbia, SC metro
Columbia, SC
$227K home$1,500 rent
▲ 0.9% 1 yr
Irmo, SC
$278K home$1,810 rent
▲ 0.4% 1 yr
Blythewood, SC
$340K home$1,554 rent
▲ 0.8% 1 yr
Elgin, SC
$299K home$1,780 rent
▲ 2.0% 1 yr
West Columbia, SC
$228K home$1,558 rent
▲ 2.8% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.