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Affordable
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These days, finding an affordable place to live in the Caleast area can be challenging. Home prices in Caleast are now at a median cost of $317,300, higher than the Kentucky average of $219,615.
The average cost of rent is $1,065/mo in Caleast, primarily driven by the current value of real estate in the Caleast area. In Caleast, 5.92% of households rent, and 31.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Caleast is $7,837 per month. Households that rent pay about 13.59% of their income on rent here. Caleast’s most expensive areas are in the central regions, while the cheapest areas are in the central 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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