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Expensive
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These days, finding an affordable place to live in the 40207 area can be challenging. Home prices in 40207 are now at a median cost of $358,157, higher than the Kentucky average of $164,895.
The average cost of rent is $1,513/mo in 40207, primarily driven by the current value of real estate in the 40207 area. While nearly 40.57% of residents own their homes outright in 40207, 23.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in 40207 is $9,240 per month. Households that rent pay about 16.37% of their income on rent here. 40207's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 40280, KY: higher priced homes
- 40222, KY: equally priced homes
- 40206, KY: less expensive homes
- 40205, KY: less expensive homes
- 40025, KY: higher priced homes
- 40220, KY: less expensive homes
- 40242, KY: less expensive homes
- 40204, KY: less expensive homes
- 40218, KY: less expensive homes
- 40223, KY: less expensive homes
Zip Codes with Similar Populations
- 02131, MA: higher priced homes
- 06051, CT: less expensive homes
- 07206, NJ: less expensive homes
- 11232, NY: higher priced homes
- 37931, TN: less expensive homes
- 93618, CA: less expensive homes
- 68135, NE: less expensive homes
- 70094, LA: less expensive homes
- 70461, LA: less expensive homes
- 72601, AR: less expensive homes
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