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These days, finding an affordable place to live in the 40205 area can be challenging. Home prices in 40205 are now at a median cost of $313,443, higher than the Kentucky average of $164,895.
The average cost of rent is $1,028/mo in 40205, primarily driven by the current value of real estate in the 40205 area. While nearly 34.75% of residents own their homes outright in 40205, 28.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in 40205 is $7,264 per month. Households that rent pay about 14.14% of their income on rent here. 40205's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 40280, KY: higher priced homes
- 40204, KY: equally priced homes
- 40206, KY: less expensive homes
- 40213, KY: less expensive homes
- 40217, KY: less expensive homes
- 40218, KY: less expensive homes
- 40207, KY: higher priced homes
- 40220, KY: less expensive homes
- 40202, KY: equally priced homes
- 40208, KY: less expensive homes
Zip Codes with Similar Populations
- 85268, AZ: higher priced homes
- 30286, GA: less expensive homes
- 32233, FL: equally priced homes
- 33772, FL: less expensive homes
- 36582, AL: less expensive homes
- 37415, TN: less expensive homes
- 72206, AR: less expensive homes
- 77054, TX: less expensive homes
- 84009, UT: higher priced homes
- 43212, OH: equally priced homes
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