Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the 40516 area can be challenging. Home prices in 40516 are now at a median cost of $331,289, higher than the Kentucky average of $164,895.
The average cost of rent is $1,151/mo in 40516, primarily driven by the current value of real estate in the 40516 area. While nearly 30.38% of residents own their homes outright in 40516, 23.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in 40516 is $6,922 per month. Households that rent pay about 16.62% of their income on rent here. 40516's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 40505, KY: less expensive homes
- 40509, KY: less expensive homes
- 40507, KY: less expensive homes
- 40508, KY: less expensive homes
- 40502, KY: higher priced homes
- 40526, KY: less expensive homes
- 40506, KY: less expensive homes
- 40511, KY: less expensive homes
- 40517, KY: less expensive homes
- 40504, KY: less expensive homes
Zip Codes with Similar Populations
- 08804, NJ: equally priced homes
- 95663, CA: higher priced homes
- 71957, AR: less expensive homes
- 44688, OH: less expensive homes
- 43945, OH: less expensive homes
- 12458, NY: less expensive homes
- 12183, NY: less expensive homes
- 15774, PA: less expensive homes
- 87328, NM: less expensive homes
- 85708, AZ: less expensive homes
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