$1,350 Per Month
- 4 Beds
- 2 Baths
- 1,760 Sq Ft
- House for Rent
1604 Oneida St, Lexington, MO 64067
Property Id: 2616367Screened in front porch. Large living room. Large master bedroom. 2 car garage. Full size basement.
Frequently Asked Questions
How much does it cost to rent a home in Lexington, MO?
The median rent for a home in Lexington, MO is $1,350 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Lexington, MO?
To comfortably afford the median rent in Lexington, MO, a household needs to earn roughly $54,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,350 per month in Lexington, MO, renters typically need to show $4,050 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lexington, MO?
In Lexington, MO, the price-to-rent ratio is 12.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
