Lexington is the 86th largest multifamily market with 37,871 completed units and 5,061 units in development, 420 of which have already broken ground, as of December 2021.
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.