The Most Affordable Neighborhoods in Cadiz, KY by Home Value

These days, finding an affordable place to live in the Cadiz area can be challenging. Home prices in Cadiz are now at a median cost of $198,845, lower than the Kentucky average of $219,615.

The average cost of rent is $863/mo in Cadiz, primarily driven by the current value of real estate in the Cadiz area. In Cadiz, 23.46% of households rent, and 42.19% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cadiz is $5,020 per month. Households that rent pay about 17.19% of their income on rent here. Cadiz’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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