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These days, finding an affordable place to live in the 40245 area can be challenging. Home prices in 40245 are now at a median cost of $446,704, higher than the Kentucky average of $219,615.
The average cost of rent is $1,996/mo in 40245, primarily driven by the current value of real estate in the 40245 area. In 40245, 23.09% of households rent, and 29.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40245 is $11,661 per month. Households that rent pay about 17.12% of their income on rent here. 40245’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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
- 40056, KY: less expensive homes
- 40243, KY: less expensive homes
- 40223, KY: less expensive homes
- 40014, KY: equally priced homes
- 40241, KY: less expensive homes
- 40242, KY: less expensive homes
- 40222, KY: equally priced homes
- 40010, KY: equally priced homes
- 40299, KY: less expensive homes
- 40067, KY: less expensive homes
Zip Codes with Similar Populations
- 60110, IL: less expensive homes
- 30338, GA: higher priced homes
- 30223, GA: less expensive homes
- 91701, CA: higher priced homes
- 29615, SC: less expensive homes
- 91752, CA: higher priced homes
- 28625, NC: less expensive homes
- 28411, NC: equally priced homes
- 28403, NC: less expensive homes
- 91763, CA: higher priced homes
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