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These days, finding an affordable place to live in the 40507 area can be challenging. Home prices in 40507 are now at a median cost of $295,329, higher than the Kentucky average of $164,895.
The average cost of rent is $694/mo in 40507, primarily driven by the current value of real estate in the 40507 area. While nearly 55.49% of residents own their homes outright in 40507, 70.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in 40507 is $2,338 per month. Households that rent pay about 29.68% of their income on rent here. 40507's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 40508, KY: less expensive homes
- 40526, KY: less expensive homes
- 40506, KY: less expensive homes
- 40505, KY: less expensive homes
- 40502, KY: higher priced homes
- 40504, KY: less expensive homes
- 40503, KY: less expensive homes
- 40511, KY: less expensive homes
- 40517, KY: less expensive homes
- 40509, KY: less expensive homes
Zip Codes with Similar Populations
- 04952, ME: less expensive homes
- 50458, IA: less expensive homes
- 96713, HI: equally priced homes
- 50647, IA: less expensive homes
- 54425, WI: less expensive homes
- 55012, MN: equally priced homes
- 55329, MN: less expensive homes
- 56296, MN: less expensive homes
- 56571, MN: less expensive homes
- 56586, MN: less expensive homes
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