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These days, finding an affordable place to live in the 40204 area can be challenging. Home prices in 40204 are now at a median cost of $389,231, higher than the Kentucky average of $219,615.
The average cost of rent is $1,226/mo in 40204, primarily driven by the current value of real estate in the 40204 area. In 40204, 51.35% of households rent, and 39.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40204 is $6,292 per month. Households that rent pay about 19.48% of their income on rent here. 40204’s most expensive areas are in the eastern regions, while the cheapest areas are in the western 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
- 40217, KY: less expensive homes
- 40202, KY: less expensive homes
- 40206, KY: less expensive homes
- 40203, KY: equally priced homes
- 40280, KY: higher priced homes
- 40205, KY: equally priced homes
- 40208, KY: less expensive homes
- 40210, KY: less expensive homes
- 40213, KY: less expensive homes
- 40209, KY: less expensive homes
Zip Codes with Similar Populations
- 73096, OK: less expensive homes
- 25314, WV: less expensive homes
- 27006, NC: equally priced homes
- 32219, FL: less expensive homes
- 33136, FL: higher priced homes
- 33330, FL: higher priced homes
- 01095, MA: equally priced homes
- 39367, MS: less expensive homes
- 55077, MN: higher priced homes
- 55387, MN: higher priced homes
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