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Affordable
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These days, finding an affordable place to live in the Buffalo area can be challenging. Home prices in Buffalo are now at a median cost of $189,388, lower than the Kentucky average of $219,615.
The average cost of rent is $951/mo in Buffalo, primarily driven by the current value of real estate in the Buffalo area. In Buffalo, 14.64% of households rent, and 45.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Buffalo is $6,172 per month. Households that rent pay about 15.42% of their income on rent here. Buffalo’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Jericho, KY: equally priced homes
- Mount Sherman, KY: less expensive homes
- South Buffalo, KY: equally priced homes
- Hodgenville, KY: equally priced homes
- Magnolia, KY: equally priced homes
- Linwood, KY: less expensive homes
- Tanner, KY: equally priced homes
- Mac, KY: less expensive homes
- Summersville, KY: less expensive homes
- Coakley, KY: less expensive homes
Cities with Similar Populations
- Ravenna, KY: less expensive homes
- Velma, OK: less expensive homes
- Chetopa, KS: less expensive homes
- Triana, AL: higher priced homes
- Convent, LA: less expensive homes
- Crab Orchard, TN: equally priced homes
- Cranmoor, WI: higher priced homes
- Creston, CA: higher priced homes
- Cross Roads, AR: higher priced homes
- Croton Heights, MI: less expensive homes
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