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These days, finding an affordable place to live in the 42240 area can be challenging. Home prices in 42240 are now at a median cost of $137,413, lower than the Kentucky average of $164,895.
The average cost of rent is $818/mo in 42240, primarily driven by the current value of real estate in the 42240 area. While nearly 48.60% of residents own their homes outright in 42240, 41.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in 42240 is $4,283 per month. Households that rent pay about 19.09% of their income on rent here. 42240's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 42232, KY: higher priced homes
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- 42215, KY: equally priced homes
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- 42211, KY: higher priced homes
- 42280, KY: less expensive homes
- 42265, KY: equally priced homes
- 42276, KY: equally priced homes
Zip Codes with Similar Populations
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- 60025, IL: higher priced homes
- 46385, IN: higher priced homes
- 20164, VA: higher priced homes
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