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Affordable
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These days, finding an affordable place to live in the 42731 area can be challenging. Home prices in 42731 are now at a median cost of $211,780, lower than the Kentucky average of $219,615.
The average cost of rent is $514/mo in 42731, primarily driven by the current value of real estate in the 42731 area. In 42731, 19.20% of households rent, and 60.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 42731 is $4,097 per month. Households that rent pay about 12.56% of their income on rent here. 42731’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 42124, KY: less expensive homes
- 42166, KY: less expensive homes
- 42129, KY: less expensive homes
- 42717, KY: less expensive homes
- 42167, KY: less expensive homes
- 42715, KY: equally priced homes
- 42130, KY: less expensive homes
- 42157, KY: less expensive homes
- 42131, KY: less expensive homes
- 42741, KY: less expensive homes
Zip Codes with Similar Populations
- 61233, IL: less expensive homes
- 50272, IA: less expensive homes
- 50467, IA: less expensive homes
- 50551, IA: less expensive homes
- 50652, IA: higher priced homes
- 50842, IA: less expensive homes
- 51111, IA: less expensive homes
- 51460, IA: higher priced homes
- 52166, IA: higher priced homes
- 54458, WI: higher priced homes
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