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These days, finding an affordable place to live in the 40505 area can be challenging. Home prices in 40505 are now at a median cost of $147,845, lower than the Kentucky average of $164,895.
The average cost of rent is $972/mo in 40505, primarily driven by the current value of real estate in the 40505 area. While nearly 30.71% of residents own their homes outright in 40505, 41.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in 40505 is $4,360 per month. Households that rent pay about 22.30% of their income on rent here. 40505's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 40507, KY: higher priced homes
- 40508, KY: higher priced homes
- 40526, KY: higher priced homes
- 40506, KY: higher priced homes
- 40502, KY: higher priced homes
- 40516, KY: higher priced homes
- 40511, KY: higher priced homes
- 40509, KY: higher priced homes
- 40504, KY: equally priced homes
- 40503, KY: higher priced homes
Zip Codes with Similar Populations
- 76052, TX: higher priced homes
- 00641, PR: less expensive homes
- 78238, TX: equally priced homes
- 48161, MI: equally priced homes
- 90240, CA: higher priced homes
- 46268, IN: equally priced homes
- 90710, CA: higher priced homes
- 44135, OH: less expensive homes
- 75160, TX: higher priced homes
- 91740, CA: higher priced homes
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