The Most Affordable Neighborhoods in Calhoun, KY by Home Value

These days, finding an affordable place to live in the Calhoun area can be challenging. Home prices in Calhoun are now at a median cost of $154,466, lower than the Kentucky average of $219,615.

The average cost of rent is $608/mo in Calhoun, primarily driven by the current value of real estate in the Calhoun area. In Calhoun, 16.08% of households rent, and 55.24% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Calhoun is $5,669 per month. Households that rent pay about 10.72% of their income on rent here. Calhoun’s most expensive areas are in the northwestern 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.

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