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These days, finding an affordable place to live in the 40312 area can be challenging. Home prices in 40312 are now at a median cost of $145,196, lower than the Kentucky average of $219,615.
The average cost of rent is $789/mo in 40312, primarily driven by the current value of real estate in the 40312 area. In 40312, 29.89% of households rent, and 49.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 40312 is $4,268 per month. Households that rent pay about 18.49% of their income on rent here. 40312’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern 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
- 40380, KY: equally priced homes
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- 40385, KY: higher priced homes
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- 40391, KY: higher priced homes
- 40322, KY: equally priced homes
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Zip Codes with Similar Populations
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