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These days, finding an affordable place to live in the 40508 area can be challenging. Home prices in 40508 are now at a median cost of $189,134, higher than the Kentucky average of $164,895.
The average cost of rent is $798/mo in 40508, primarily driven by the current value of real estate in the 40508 area. While nearly 42.55% of residents own their homes outright in 40508, 72.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in 40508 is $2,505 per month. Households that rent pay about 31.85% of their income on rent here. 40508's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 40507, KY: higher priced homes
- 40506, KY: higher priced homes
- 40526, KY: higher priced homes
- 40504, KY: less expensive homes
- 40502, KY: higher priced homes
- 40505, KY: less expensive homes
- 40511, KY: equally priced homes
- 40503, KY: higher priced homes
- 40517, KY: less expensive homes
- 40513, KY: higher priced homes
Zip Codes with Similar Populations
- 80303, CO: higher priced homes
- 43085, OH: higher priced homes
- 44139, OH: higher priced homes
- 02026, MA: higher priced homes
- 53222, WI: less expensive homes
- 64836, MO: less expensive homes
- 76006, TX: higher priced homes
- 76801, TX: less expensive homes
- 77504, TX: less expensive homes
- 77662, TX: less expensive homes
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