Home Price Key
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Average
Expensive
These days, finding an affordable place to live in the Boonesboro area can be challenging. Home prices in Boonesboro are now at a median cost of $268,128, higher than the Kentucky average of $164,895.
The average cost of rent is $638/mo in Boonesboro, primarily driven by the current value of real estate in the Boonesboro area. While nearly 70.29% of residents own their homes outright in Boonesboro, 31.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Boonesboro is $6,108 per month. Households that rent pay about 10.44% of their income on rent here. Boonesboro's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
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