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Affordable
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These days, finding an affordable place to live in the Aberdeen area can be challenging. Home prices in Aberdeen are now at a median cost of $108,538, lower than the Kentucky average of $219,615.
The average cost of rent is $622/mo in Aberdeen, primarily driven by the current value of real estate in the Aberdeen area. In Aberdeen, 37.18% of households rent, and 51.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Aberdeen is $4,348 per month. Households that rent pay about 14.31% of their income on rent here. Aberdeen’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Monford, KY: equally priced homes
- Mining City, KY: equally priced homes
- Morgantown, KY: higher priced homes
- Gilstrap, KY: equally priced homes
- Youngtown, KY: higher priced homes
- Logansport, KY: higher priced homes
- Brooklyn, KY: higher priced homes
- Woodbury, KY: less expensive homes
- Dunbar, KY: higher priced homes
- Baizetown, KY: less expensive homes
Cities with Similar Populations
- Fargo, GA: less expensive homes
- Scotland, MD: higher priced homes
- Kenansville, FL: higher priced homes
- Hayley, AR: less expensive homes
- Kaupo, HI: higher priced homes
- Rector, PA: higher priced homes
- Pataha, WA: higher priced homes
- Macdoel, CA: higher priced homes
- Piseco, NY: higher priced homes
- Fishers Island, NY: higher priced homes
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