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These days, finding an affordable place to live in the 40118 area can be challenging. Home prices in 40118 are now at a median cost of $121,065, lower than the Kentucky average of $164,895.
The average cost of rent is $989/mo in 40118, primarily driven by the current value of real estate in the 40118 area. While nearly 42.49% of residents own their homes outright in 40118, 29.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in 40118 is $5,038 per month. Households that rent pay about 19.64% of their income on rent here. 40118's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 40109, KY: higher priced homes
- 40214, KY: higher priced homes
- 40219, KY: equally priced homes
- 40229, KY: higher priced homes
- 40272, KY: higher priced homes
- 40209, KY: less expensive homes
- 40215, KY: less expensive homes
- 40213, KY: equally priced homes
- 40258, KY: higher priced homes
- 40216, KY: equally priced homes
Zip Codes with Similar Populations
- 01588, MA: higher priced homes
- 95119, CA: higher priced homes
- 97479, OR: higher priced homes
- 98327, WA: higher priced homes
- 07034, NJ: higher priced homes
- 02631, MA: higher priced homes
- 66012, KS: higher priced homes
- 64834, MO: higher priced homes
- 42261, KY: less expensive homes
- 64109, MO: higher priced homes
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