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These days, finding an affordable place to live in the Alexandria area can be challenging. Home prices in Alexandria are now at a median cost of $295,982, higher than the Kentucky average of $219,615.
The average cost of rent is $1,345/mo in Alexandria, primarily driven by the current value of real estate in the Alexandria area. In Alexandria, 11.21% of households rent, and 29.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alexandria is $8,889 per month. Households that rent pay about 15.13% of their income on rent here. Alexandria’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Carthage, KY: equally priced homes
- Ryland Heights, KY: less expensive homes
- Melbourne, KY: less expensive homes
- Cold Spring, KY: less expensive homes
- California, KY: equally priced homes
- Tylor Mill, KY: less expensive homes
- Crestview, KY: less expensive homes
- Silver Grove, KY: less expensive homes
- Grants Lick, KY: higher priced homes
- Gubser Mill, KY: equally priced homes
Cities with Similar Populations
- Douglas, AZ: less expensive homes
- Winthrop Town, MA: higher priced homes
- Morris, IL: equally priced homes
- Spanish Lake, MO: less expensive homes
- East Rancho Dominguez, CA: higher priced homes
- East Falmouth, MA: higher priced homes
- Somerton, AZ: less expensive homes
- Sturgis, MI: less expensive homes
- Rockport, TX: equally priced homes
- Belle Glade, FL: less expensive homes
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