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These days, finding an affordable place to live in the Alvaton area can be challenging. Home prices in Alvaton are now at a median cost of $292,636, higher than the Kentucky average of $219,615.
The average cost of rent is $966/mo in Alvaton, primarily driven by the current value of real estate in the Alvaton area. In Alvaton, 20.70% of households rent, and 30.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alvaton is $8,533 per month. Households that rent pay about 11.32% of their income on rent here. Alvaton’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Boyce, KY: equally priced homes
- Matlock, KY: less expensive homes
- Trammel, KY: less expensive homes
- Motley, KY: equally priced homes
- Bowling Green, KY: less expensive homes
- Halifax, KY: less expensive homes
- Claypool, KY: less expensive homes
- Mount Aerial, KY: less expensive homes
- Rich Pond, KY: less expensive homes
- Woodburn, KY: less expensive homes
Cities with Similar Populations
- Medford Lakes, NJ: higher priced homes
- Trenton, SC: less expensive homes
- Calistoga, CA: higher priced homes
- Olalla, WA: higher priced homes
- New Carlisle, IN: less expensive homes
- Calverton, NY: higher priced homes
- Tucumcari, NM: less expensive homes
- Tuskegee, AL: less expensive homes
- Laie, HI: higher priced homes
- Cambria, CA: higher priced homes
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