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Lexington city, NE

ZIP 68850 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 68850

Median Home Value
$156,700
Median Rent
$658
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,007/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 68850 in Lexington city, NE, a household would need roughly $43,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,007. That sits below the local median household income ($64,269), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
57.5%-12% vs US avg
x
Vacancy Rate
5.3%-49% vs US avg
x
Broadband Access
79.3%-9% vs US avg
x
4+ Bedrooms
6.7%-55% vs US avg
x
Built Pre-1939
5.9%-54% vs US avg
x
Built Post-2014
1.6%-76% vs US avg
x
Rent Burden >30%
23.4%-53% vs US avg
x
Mortgage-Free
49.9%+30% vs US avg
x
$156,700
Home Value
$658
Rent
1972
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached65.6%
  • 1-unit attached2.8%
  • 2-9 units10.0%
  • 10+ units11.5%
  • Mobile home & other10.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$156,700
Median rent$658
Owner-occupied57.5%
Vacant5.3%
Price-to-income2.4x
Est. income to buy$43,000