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These days, finding an affordable place to live in the 40218 area can be challenging. Home prices in 40218 are now at a median cost of $199,731, lower than the Kentucky average of $219,615.
The average cost of rent is $1,185/mo in 40218, primarily driven by the current value of real estate in the 40218 area. In 40218, 50.70% of households rent, and 30.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40218 is $5,727 per month. Households that rent pay about 20.69% of their income on rent here. 40218’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern 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
- 40220, KY: higher priced homes
- 40205, KY: higher priced homes
- 40213, KY: equally priced homes
- 40219, KY: equally priced homes
- 40228, KY: higher priced homes
- 40280, KY: higher priced homes
- 40207, KY: higher priced homes
- 40291, KY: higher priced homes
- 40204, KY: higher priced homes
- 40217, KY: higher priced homes
Zip Codes with Similar Populations
- 34608, FL: higher priced homes
- 76040, TX: higher priced homes
- 55406, MN: higher priced homes
- 54729, WI: higher priced homes
- 53214, WI: equally priced homes
- 48205, MI: less expensive homes
- 48124, MI: higher priced homes
- 44105, OH: less expensive homes
- 43560, OH: higher priced homes
- 40220, KY: higher priced homes
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