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Affordable
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These days, finding an affordable place to live in the Bandana area can be challenging. Home prices in Bandana are now at a median cost of $139,612, lower than the Kentucky average of $219,615.
The average cost of rent is $935/mo in Bandana, primarily driven by the current value of real estate in the Bandana area. In Bandana, 25.90% of households rent, and 44.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bandana is $8,549 per month. Households that rent pay about 10.94% of their income on rent here. Bandana’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Oscar, KY: equally priced homes
- Ragland, KY: higher priced homes
- Woodville, KY: higher priced homes
- La Center, KY: equally priced homes
- Kevil, KY: higher priced homes
- Rossington, KY: higher priced homes
- Grand Chain, IL: less expensive homes
- Hinkleville, KY: higher priced homes
- Hillerman, IL: less expensive homes
- Joppa, IL: less expensive homes
Cities with Similar Populations
- Falcon Heights, TX: less expensive homes
- Moon, KY: equally priced homes
- Swedesburg, IA: higher priced homes
- Morgan, KY: less expensive homes
- Sunfield, IL: less expensive homes
- Sugar Grove, WV: higher priced homes
- Du Bois, NE: less expensive homes
- Sublime, TX: higher priced homes
- Stringtown, IN: higher priced homes
- Lone Pine, LA: higher priced homes
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