Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Arvel area can be challenging. Home prices in Arvel are now at a median cost of $55,173, lower than the Kentucky average of $164,895.
The average cost of rent is $543/mo in Arvel, primarily driven by the current value of real estate in the Arvel area. While nearly 47.26% of residents own their homes outright in Arvel, 26.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Arvel is $2,185 per month. Households that rent pay about 24.87% of their income on rent here. Arvel's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Leighton, KY: higher priced homes
- Yellow Rock, KY: higher priced homes
- Millers Creek, KY: less expensive homes
- New Zion, KY: higher priced homes
- Heidelberg, KY: higher priced homes
- Wagersville, KY: equally priced homes
- Idamay, KY: higher priced homes
- Travellers Rest, KY: equally priced homes
- Mount Olive, KY: higher priced homes
- Waneta, KY: higher priced homes
Cities with Similar Populations
- Belmont, ID: higher priced homes
- Gober, TX: higher priced homes
- Woodstock, TN: higher priced homes
- Barnett Crossroads, AL: higher priced homes
- Cross Village, MI: higher priced homes
- Crowheart, WY: higher priced homes
- St. Nicholas, MI: higher priced homes
- Union Church, MS: higher priced homes
- Love Valley, NC: higher priced homes
- Round Knob, IL: higher priced homes
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