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These days, finding an affordable place to live in the Buford area can be challenging. Home prices in Buford are now at a median cost of $125,800, lower than the Kentucky average of $219,615.
The average cost of rent is $1,065/mo in Buford, primarily driven by the current value of real estate in the Buford area. In Buford, 18.34% of households rent, and 54.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Buford is $5,693 per month. Households that rent pay about 18.71% of their income on rent here. Buford’s most expensive areas are in the eastern 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
- Pleasant Ridge, KY: higher priced homes
- Heflin, KY: equally priced homes
- Maxwell, KY: higher priced homes
- Red Hill, KY: higher priced homes
- Taffy, KY: higher priced homes
- Utica, KY: higher priced homes
- No Creek, KY: equally priced homes
- Hartford, KY: equally priced homes
- Oklahoma, KY: higher priced homes
- Sutherland, KY: higher priced homes
Cities with Similar Populations
- Bigbee, AL: higher priced homes
- Babcock, WI: higher priced homes
- Wilno, MN: higher priced homes
- Wilmington, MN: higher priced homes
- Clayton, WV: higher priced homes
- Chugwater, WY: higher priced homes
- Bear Creek Village, PA: higher priced homes
- Bentonville, OH: higher priced homes
- Cedar Mills, OH: higher priced homes
- Holstein, NE: higher priced homes
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