What percentage of people rent in Lexington, KY?

Name: Renters and owners in Lexington, KY, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

46.2% (±0.8 points) of the occupied homes in Lexington, KY are rented (2020–2024 American Community Survey).

That is 64,594 renting households against 75,121 that own their home.

In Lexington, the share of households that rent went from 45.6% in 2015–2019 to 46.2% in 2020–2024 (+0.6 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 46.2% (±0.8 points)
Renting households: 64,594 (±1,224)
Median renter income: $43,391 (±$1,852)

Who rents and who owns in Lexington

Tenure, estimate (90% margin of error)
	Lexington	Fayette County	Kentucky	United States
Renter-occupied share	46.2% (±0.8 points)	46.2% (±0.8 points)	31.7% (±0.3 points)	34.8%
Renting households	64,594 (±1,224)	64,594 (±1,224)	574,561 (±5,417)	45,017,354
Owning households	75,121 (±1,212)	75,121 (±1,212)	1,239,908 (±8,203)	84,210,142
Average renter household size	2.0 (±0.0)	2.0 (±0.0)	2.2 (±0.0)	2.3
Average owner household size	2.4 (±0.0)	2.4 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$43,391 (±$1,852)	$43,391 (±$1,852)	$39,858 (±$584)	$52,966
Median owner household income	$105,044 (±$2,974)	$105,044 (±$2,974)	$78,998 (±$476)	$100,009

In Lexington, the renter share is not measurably different from Fayette County (46.2%).

It is also higher than in Kentucky (31.7%).

It is higher than the national figure (34.8%).

Statewide, it ranks 93 of 448.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Lexington has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	45.6% (±0.8 points)	46.2% (±0.8 points)	+0.6 percentage points	Not a measurable change
Median gross rent	$896 (±$12)	$1,164 (±$18)	+29.9%	Up after inflation
Median household income	$57,291 (±$1,252)	$69,479 (±$1,691)	+21.3%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Lexington

Nearest places with a published estimate, compared with Lexington
Place	Distance	Households that rent	Compared with this place
Lexington	—	46.2% (±0.8 points)	—
Nicholasville	12 mi	41.8% (±3.4 points)	Lower
Keene	12 mi	10.5% (±17.7 points)	Lower
Midway	14 mi	24.5% (±9.3 points)	Lower
Versailles	15 mi	40.1% (±5.0 points)	Lower
Winchester	15 mi	39.5% (±3.8 points)	Lower
Paris	15 mi	45.9% (±4.5 points)	Not measurably different
Georgetown	16 mi	37.7% (±2.8 points)	Lower
Wilmore	16 mi	49.3% (±7.0 points)	Not measurably different

Nearby places with a measurably lower figure: Nicholasville, KY (41.8%), Keene, KY (10.5%), Midway, KY (24.5%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lexington

How many renters are there in Lexington?

Lexington has an estimated 64,594 (±1,224) renting households, 46.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lexington?

In Lexington, the share of households that rent went from 45.6% in 2015–2019 to 46.2% in 2020–2024 (+0.6 percentage points), not a measurable change.

How big are renting households in Lexington?

A renting household in Lexington has 2.0 people on average, against 2.4 in an owned home.

How much do renters earn in Lexington?

The median renting household in Lexington, KY has an income of $43,391 (±$1,852) a year, against $105,044 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lexington-Fayette urban county, Kentucky (place:46027, in state:21).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.