The Most Affordable Neighborhoods in Calloway County, KY by Home Value

 

Calloway County, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Calloway County area can be challenging. Home prices in Calloway County are now at a median cost of $182,645, lower than the Kentucky average of $219,615.

The average cost of rent is $871/mo in Calloway County, primarily driven by the current value of real estate in the Calloway County area. In Calloway County, 36.10% of households rent, and 52.88% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Calloway County is $4,738 per month. Households that rent pay about 18.38% of their income on rent here. Calloway County’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the county.

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


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