A large percentage of affordable housing in Lexington consists of mobile and manufactured homes. Some manufactured homes are in dedicated communities that focus on sustainability and modern amenities. Modular businesses are gaining market share in areas with high housing demand. Modular home businesses can easily scale, producing homes faster as demand rises.
Mobile homes may be taxed as personal property rather than real estate unless on a permanent foundation. In some areas, residents organize to prevent rent hikes in mobile home parks to maintain affordability. In some areas like Lexington, zoning laws limit where mobile homes can be placed, affecting affordability and availability. Modular home companies often have in-house logistics teams to coordinate transport and installation. Manufactured homes are popular in retirement communities, particularly in warm states.
Many new manufactured homes can qualify for Energy Star ratings, helping owners save on utility bills. Many modular businesses market themselves on their eco-friendly and sustainable practices. If on owned land, manufactured homes are eligible for tax benefits similar to site-built homes. In Lexington, residents of mobile home parks may face rent increases on their lot, which can impact affordability. In remote areas near Lexington, modular homes offer housing solutions in otherwise inaccessible locations.