Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cannel City area can be challenging. Home prices in Cannel City are now at a median cost of $65,090, lower than the Kentucky average of $164,895.
The average cost of rent is $595/mo in Cannel City, primarily driven by the current value of real estate in the Cannel City area. While nearly 69.20% of residents own their homes outright in Cannel City, 10.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cannel City is $2,153 per month. Households that rent pay about 27.62% of their income on rent here. Cannel City's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Grassy Creek, KY: equally priced homes
- Helechawa, KY: equally priced homes
- Lykins, KY: higher priced homes
- Mize, KY: equally priced homes
- Hazel Green, KY: equally priced homes
- Lower Gillmore, KY: less expensive homes
- Wonnie, KY: higher priced homes
- Matthew, KY: equally priced homes
- Seitz, KY: equally priced homes
- Gifford, KY: higher priced homes
Cities with Similar Populations
- Fredonia, IA: higher priced homes
- Farley, MO: higher priced homes
- Farnham, NY: higher priced homes
- Farrville, IN: higher priced homes
- Flatwoods, WV: higher priced homes
- Fleming, PA: higher priced homes
- Florence, VT: higher priced homes
- Forbes Road, PA: higher priced homes
- Forest Springs, CA: higher priced homes
- Sullivan, NH: higher priced homes
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