Real Estate Investing in Lexington, Tennessee

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

2 ZIP codes • Population: 20,390 • Henderson County

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Should you buy in Lexington, TN? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 12.9% of homes vacant — above national norms.

What’s happening in Lexington, TN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.5% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $194,962
Avg Monthly Rent $1,008
ZIP Codes 2

Investing in Lexington Real Estate

This is a distressed-leaning corner of Tennessee: Lexington has 2 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

Investors considering Lexington, TN should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Rents in Lexington at $1,008/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

A an established population with $N/AK household income profile is what makes Lexington a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Lexington, TN. Anonymous, moderated, never written by AI.

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Avg Home Value
$194,962
Avg Monthly Rent
$1,008
1% Rule
✗ Below
Landlord Friendly (TN)

🎓 Colleges & Universities in Lexington

1 College 68 Students
C
Elite College of Cosmetology
Vocational For-Profit · 68 students

ZIP Codes in Lexington, TN

Screen every ZIP in Lexington

Filter Lexington’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Lexington, TN

What is the typical home price in Lexington, TN?

In Lexington, TN the median home value sits at $195K. Against the broader TN market, that reads as reasonable for most investors.

What is the rental occupancy rate in Lexington, TN?

Lexington, TN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What is the tenant pool like in Lexington, TN?

The tenant pool in Lexington, TN is solid, supported by local employment and population fundamentals. Rents of $1,008/mo are well-absorbed by the market.

How much rent can I charge in Lexington, TN?

Rents in Lexington, TN run near $1,008/mo. Compared with median home prices of $195K that produces solid gross yields for typical rentals.

How do landlord-tenant laws work in Lexington, TN?

TN ranks as a landlord-friendly state for landlord-tenant law. Lexington generally follows the statewide framework, so landlords face reasonable operating rules.

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