The Most Affordable Neighborhoods in Bailey Creek, KY by Home Value

 

Bailey Creek, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Bailey Creek area can be challenging. Home prices in Bailey Creek are now at a median cost of $58,637, lower than the Kentucky average of $164,895.

The average cost of rent is $523/mo in Bailey Creek, primarily driven by the current value of real estate in the Bailey Creek area. While nearly 60.27% of residents own their homes outright in Bailey Creek, 12.12% rent.

Housing affordability isn’t just about home prices, though. The average household income in Bailey Creek is $2,580 per month. Households that rent pay about 20.27% of their income on rent here. Bailey Creek's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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