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These days, finding an affordable place to live in the 40387 area can be challenging. Home prices in 40387 are now at a median cost of $75,475, lower than the Kentucky average of $164,895.
The average cost of rent is $534/mo in 40387, primarily driven by the current value of real estate in the 40387 area. While nearly 65.52% of residents own their homes outright in 40387, 23.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in 40387 is $3,097 per month. Households that rent pay about 17.25% of their income on rent here. 40387's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 40316, KY: higher priced homes
- 41425, KY: equally priced homes
- 40322, KY: higher priced homes
- 41352, KY: less expensive homes
- 41472, KY: higher priced homes
- 40358, KY: higher priced homes
- 40346, KY: equally priced homes
- 40334, KY: higher priced homes
- 41421, KY: less expensive homes
- 40337, KY: higher priced homes
Zip Codes with Similar Populations
- 03905, ME: higher priced homes
- 68730, NE: higher priced homes
- 73016, OK: higher priced homes
- 74028, OK: higher priced homes
- 74854, OK: equally priced homes
- 74880, OK: higher priced homes
- 74956, OK: higher priced homes
- 75436, TX: higher priced homes
- 79009, TX: higher priced homes
- 62868, IL: higher priced homes
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