Lexington is the 85th largest multifamily market with 40,057 completed units and 6,425 units in development, 1,961 of which have already broken ground, as of September 2022.
Lexington Multifamily Market Summary – September 2022
New lease asking rents are at $1,126, up 10.9%▲
from the previous year placing Lexington at 31st
overall in year-over-year rent growth.
Lexington Multifamily Market Summary – August 2022
New lease asking rents are at $1,132, up 12%▲
from the previous year placing Lexington at
32nd overall in year-over-year rent growth.
Lexington Multifamily Market Summary – July 2022
New lease asking rents are at $1,126, up 12.6%▲
from the previous year placing Lexington at 44th
overall in year-over-year rent growth.
Lexington Multifamily Market Summary – June 2022
New lease asking rents are at $1,111, up 12.8%▲
from th previous year placing Lexington at 53rd
overall in year-over-year rent growth.
Lexington Multifamily Market Summary – May 2022
New lease asking rents are at $1,092, up 12.9%▲
from the previous year placing Lexington at 53rd
overall in year-over-year rent growth.
Lexington Multifamily Market Summary – April 2022
New lease asking rents are at $1,065, up 12%▲
from the previous year placing Lexington at 68th
overall in year-over-year rent growth.
Lexington Multifamily Market Summary – March 2022
New lease asking rents are at $1,049, up 12%▲
from the previous year placing Lexington at
66th overall in year-over-year rent growth.
Lexington Multifamily Market Summary – February 2022
New lease asking rents are at $1,039, up 12.1%▲
from the previous year placing Lexington at 66th
overall in year-over-year rent growth.
Lexington Multifamily Market Summary – January 2022
New lease asking rents are at $1,034, up 12.1%▲
from the previous year placing Lexington at 64th
overall in year-over-year rent growth.
Lexington Multifamily Market Summary – December 2021
New lease asking rents are at $1,025, up 11.1%▲
from the previous year placing Lexington at 62nd
overall in year-over-year rent growth.
