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These days, finding an affordable place to live in the 40007 area can be challenging. Home prices in 40007 are now at a median cost of $123,300, lower than the Kentucky average of $164,895.
The average cost of rent is $537/mo in 40007, primarily driven by the current value of real estate in the 40007 area. While nearly 48.91% of residents own their homes outright in 40007, 17.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in 40007 is $4,732 per month. Households that rent pay about 11.35% of their income on rent here. 40007's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
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