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These days, finding an affordable place to live in the Belfry area can be challenging. Home prices in Belfry are now at a median cost of $111,138, lower than the Kentucky average of $219,615.
The average cost of rent is $627/mo in Belfry, primarily driven by the current value of real estate in the Belfry area. In Belfry, 21.41% of households rent, and 53.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Belfry is $5,533 per month. Households that rent pay about 11.33% of their income on rent here. Belfry’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Williamson, KY: higher priced homes
- Williamson, WV: less expensive homes
- Forest Hills, KY: higher priced homes
- Chattaroy, WV: less expensive homes
- Borderland, WV: less expensive homes
- Sidney, KY: less expensive homes
- Huddy, KY: higher priced homes
- Rawl, WV: less expensive homes
- Hardy, KY: equally priced homes
- Canada, KY: less expensive homes
Cities with Similar Populations
- South Padre Island, TX: higher priced homes
- Rangely, CO: higher priced homes
- Killbuck, OH: higher priced homes
- Hayfield, MN: higher priced homes
- New Castle, VA: higher priced homes
- Leming, TX: higher priced homes
- Laurelville, OH: higher priced homes
- Lamoni, IA: equally priced homes
- Lynne, FL: less expensive homes
- Shelburn, IN: less expensive homes
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