Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Berea area can be challenging. Home prices in Berea are now at a median cost of $144,307, lower than the Kentucky average of $164,895.
The average cost of rent is $773/mo in Berea, primarily driven by the current value of real estate in the Berea area. While nearly 40.27% of residents own their homes outright in Berea, 30.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in Berea is $4,977 per month. Households that rent pay about 15.54% of their income on rent here. Berea's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Whites, KY: higher priced homes
- Duncanon, KY: higher priced homes
- Morrill, KY: less expensive homes
- Wallaceton, KY: equally priced homes
- Terrill, KY: equally priced homes
- Paint Lick, KY: higher priced homes
- Duluth, KY: equally priced homes
- Kingston, KY: equally priced homes
- Conway, KY: less expensive homes
- Manse, KY: equally priced homes
Cities with Similar Populations
- Harrisburg, NC: higher priced homes
- Maineville, OH: higher priced homes
- Mahopac, NY: higher priced homes
- Seal Beach, CA: higher priced homes
- Leisure City, FL: higher priced homes
- Selden, NY: higher priced homes
- Shirley, NY: higher priced homes
- Sidney, OH: equally priced homes
- Silver Bell, AZ: higher priced homes
- Hopewell Junction, NY: higher priced homes
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