Lexington, Mclean County, IL

Median Home Price Price

$220,131 $220.1K

Median Monthly Rent Rent

$1,148 $1.1K

16.0x

Market Snapshot

Lexington, Mclean County, IL is a city market with a median home price of $220,131, a median monthly rent of $1,148, a GRM of 16.0x, and a price-to-rent ratio of 16.0.

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03 Gridley, McLean County, IL
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Price $196.6K
Rent $1K
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Niagara Falls, Niagara County, NY
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Monthly rent

GRM = home price / annual rent

Lexington

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Benchmark comparison

Rent in Lexington, IL is 13.4% higher than Gridley, IL.

Compare to Gridley, IL
Lexington, IL
Gridley, IL
Delta
Median rent
$1,148
$1,012
-$136
Median price
$220,131
$196,554
-$23,577
YoY change
+$92
+$100
+$8
Price-to-rent
16.0x
16.2x
+0.2x

Key takeaways

  • Lexington, Mclean County, IL has a middle-grm screening profile: At 16.0x GRM, price and rent sit in a less extreme screening range.
  • The investment thesis may depend more on trend quality and local context than on GRM alone.
  • Rent momentum is positive, with median rent up about $92 year over year.
  • Rent in Lexington, IL is 13.4% higher than Gridley, IL.