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These days, finding an affordable place to live in the 40037 area can be challenging. Home prices in 40037 are now at a median cost of $200,364, lower than the Kentucky average of $219,615.
The average cost of rent is $705/mo in 40037, primarily driven by the current value of real estate in the 40037 area. In 40037, 9.72% of households rent, and 49.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40037 is $5,546 per month. Households that rent pay about 12.72% of their income on rent here. 40037’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 40062, KY: equally priced homes
- 40052, KY: higher priced homes
- 40063, KY: equally priced homes
- 40060, KY: less expensive homes
- 40051, KY: higher priced homes
- 40033, KY: less expensive homes
- 40069, KY: equally priced homes
- 40107, KY: equally priced homes
- 42748, KY: equally priced homes
- 40040, KY: equally priced homes
Zip Codes with Similar Populations
- 35621, AL: equally priced homes
- 28071, NC: higher priced homes
- 70757, LA: less expensive homes
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- 62694, IL: less expensive homes
- 63730, MO: less expensive homes
- 67579, KS: less expensive homes
- 70079, LA: higher priced homes
- 13691, NY: less expensive homes
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