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These days, finding an affordable place to live in the Benham area can be challenging. Home prices in Benham are now at a median cost of $53,757, lower than the Kentucky average of $219,615.
The average cost of rent is $715/mo in Benham, primarily driven by the current value of real estate in the Benham area. In Benham, 21.40% of households rent, and 71.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Benham is $3,599 per month. Households that rent pay about 19.87% of their income on rent here. Benham’s most expensive areas are in the southwestern 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
- Cumberland, KY: higher priced homes
- Blair, KY: higher priced homes
- Lynch, KY: equally priced homes
- Hiram, KY: higher priced homes
- Linefork, KY: higher priced homes
- Rutherford, KY: equally priced homes
- Partridge, KY: less expensive homes
- Gordon, KY: higher priced homes
- Holmes Mill, KY: less expensive homes
- Dione, KY: higher priced homes
Cities with Similar Populations
- Altaville, CA: higher priced homes
- Argyle, MN: higher priced homes
- Le Roy, KS: higher priced homes
- Bell, MI: higher priced homes
- Hurricane Mills, TN: higher priced homes
- Hollow Creek, KY: higher priced homes
- Indian Lake, MI: higher priced homes
- Iredell, TX: higher priced homes
- Jarales, NM: higher priced homes
- Jekyll Island, GA: higher priced homes
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