Lexington, KY 40504 Multi-family Properties For Sale
The median home value in Lexington, KY 40504 is $217,900. This is lower than the county median home value of $266,700. The national median home value is $338,100. The average price of homes sold in Lexington, KY 40504 is $217,900. Approximately 28.90% of Lexington, KY 40504 homes are owned, compared to 62.68% rented, while 8.43% are vacant. Lexington, KY 40504 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Lexington, KY 40504 real estate agent to arrange a tour today!
Learn More About Lexington, KY 40504 Real EstateStatistics & facts
26,888
Population
$217K
Medium Home Value
11,881
# of Households
8.43%
Housing Vacancy
40.30%
Future Job Growth
2.60%
Unemployment Rate
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Lexington Bluegrass Multiple Listing Service. The Broker providing this data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 Lexington Bluegrass Multiple Listing Service. All rights reserved.
Population
Lexington, KY 40504 has a population of approximately 26,888 and experiences a population change rate of 9.46%. The population density is 4,424.6 / sq mi.
Household
The median household income for Lexington, KY 40504 is $39,257, with 11,881 households and an average household size of 2.18.
Cost of Living
The cost of living index in Lexington, KY 40504 is 90.8%.
Home Value
The median value of a home in Lexington, KY 40504 is $217,900 with an appreciation rate of 16.4%. 28.9% of housing in the zip code is owned while 62.7% is rented.
Employment
The unemployment rate in Lexington, KY 40504 is 2.60%, and recent job growth is at 1.85%. Future job growth is projected at 40.30%.
Taxes
The sales tax rate in Lexington, KY 40504 is 6.00%, while the income tax rate is 5.00%.
Education
School expenditures in Lexington, KY 40504 are $14,980, and the school ratio is 13.5:1.
Weather
The average high temperature in July is 85.8 degrees, with an average low temperature in January of 24.3 degrees. The average rainfall is approximately 46.3 inches per year, with 8.7 inches of snow per year.
Education near Lexington KY, 40504
| Metric | City | County |
|---|---|---|
| High School Graduates | 91.65 | 92.36 |
| College Degree - 2 year | 7.51 | 7.87 |
| College Degree - 4 year | 45.16 | 45.61 |
| Graduate Degree | 11.94 | 12.19 |
| Expenditures per Student | $14,980 | $14,980 |
| Students per Teacher | 13.50 | 13.50 |
Elementary Schools near Lexington KY , 40504
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Ashland Elementary School | KG - 05 | 405 | 13.5 | 40502 |
| Booker T Washington Primary Academy | PK - 02 | 397 | 14.5 | 40508 |
| Cardinal Valley Elementary School | PK - 05 | 697 | 14.2 | 40504 |
| Cassidy Elementary School | KG - 05 | 696 | 14.9 | 40502 |
| Clays Mill Elementary School | KG - 05 | 550 | 13.4 | 40503 |
| Fayette County Preschool | PK - PK | 84 | 12.9 | 40503 |
| Fayette Pre-School | PK - PK | 46 | null | 40502 |
| Garden Springs Elementary School | KG - 05 | 524 | 14.1 | 40504 |
| Glendover Elementary School | KG - 05 | 666 | 15.3 | 40502 |
| Harrison Elementary School | KG - 05 | 368 | 11.5 | 40507 |
| James Lane Allen Elementary School | PK - 05 | 567 | 14.1 | 40504 |
| Julius Marks Elementary School | PK - 05 | 669 | 15.5 | 40502 |
| Liberty Elementary School | KG - 05 | 810 | 15.8 | 40505 |
| Madeline M Breckinridge Elementary School | PK - 05 | 698 | 15.2 | 40502 |
| Maxwell Spanish Immersion Elementary School | KG - 05 | 523 | 15.6 | 40508 |
| Picadome Elementary School | PK - 05 | 520 | 12.6 | 40504 |
| Sandersville Elementary School | KG - 05 | 750 | 16 | 40511 |
| Stonewall Elementary School | KG - 05 | 651 | 14.1 | 40503 |
| Wellington Elementary | PK - 05 | 717 | 14.7 | 40503 |
| William Wells Brown Elementary School | PK - 05 | 430 | 12.8 | 40508 |
Middle Schools near Lexington KY , 40504
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Beaumont Middle School | 06 - 08 | 1140 | 16.4 | 40504 |
| Bryan Station Middle School | 06 - 08 | 619 | 13.9 | 40505 |
| Crawford Middle School | 06 - 08 | 449 | 11.7 | 40505 |
| Edythe Jones Hayes Middle School | 06 - 08 | 1095 | 15.6 | 40509 |
| Jessie M Clark Middle School | 06 - 08 | 933 | 14.9 | 40503 |
| Leestown Middle School | 06 - 08 | 762 | 13.6 | 40511 |
| Lexington TRAD Magnet School | 06 - 08 | 590 | 14.2 | 40508 |
| Morton Middle School | 06 - 08 | 738 | 14.3 | 40502 |
| Scapa At Bluegrass | 04 - 08 | 276 | 8.9 | 40503 |
| Southern Middle School | 06 - 08 | 626 | 13.9 | 40517 |
| Tates Creek Middle School | 06 - 08 | 976 | 14.6 | 40517 |
| Winburn Middle School | 06 - 08 | 608 | 13.1 | 40511 |
High Schools near Lexington KY , 40504
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Bryan Station High School | 09 - 12 | 1782 | 17.1 | 40505 |
| Henry Clay High School | 09 - 12 | 2373 | 18.6 | 40502 |
| Lafayette High School | 09 - 12 | 2070 | 18.8 | 40503 |
| Paul Laurence Dunbar High School | 09 - 12 | 2168 | 18.9 | 40513 |
| Tates Creek High School | 09 - 12 | 1787 | 17.5 | 40517 |
Ungraded Schools near Lexington KY , 40504
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| * Family Care Center | 09 - 12 | 42 | 6.9 | 40504 |
| * Fayette County Learning Center | 08 - 12 | 159 | 9.6 | 40511 |
| * Fayette Regional | 07 - 12 | 50 | 8.8 | 40511 |
| * Martin L King Academy for Excellence Alternative School | 07 - 12 | 221 | 8.6 | 40505 |
| * Opportunity Middle College | 11 - 12 | 97 | 32.3 | 40511 |
| * The Stables | 07 - 12 | 49 | 13.2 | 40511 |
| Blackburn Education Center | UG - UG | 0 | null | 40511 |
| Carter G. Woodson Academy | 06 - 11 | 162 | 8.1 | 40505 |
| Central KY Technical College | UG - UG | 0 | null | 40511 |
| Eastside Technical Center | UG - UG | 0 | 0 | 40505 |
| Hayes Pre-School | UG - UG | 93 | 30.5 | 40509 |
| Homebound Elementary | UG - UG | 0 | 0.1 | 40502 |
| Homebound Secondary | 06 - 11 | 3 | null | 40502 |
| Kentucky Tech - Central Campus | UG - UG | 0 | null | 40510 |
| Lexington Day Treatment | 06 - 12 | 42 | 9.8 | 40504 |
| Locust Trace Agriscience Farm | UG - UG | 0 | 0 | 40511 |
| Southside Technical Center | UG - UG | 0 | 0 | 40504 |
| Steam Academy | 09 - 10 | 236 | 20 | 40508 |
