
Home Price Key
These days, finding an affordable place to live in the Cannon area can be challenging. Home prices in Cannon are now at a median cost of $62,941, lower than the Kentucky average of $164,895.
The average cost of rent is $588/mo in Cannon, primarily driven by the current value of real estate in the Cannon area. While nearly 54.21% of residents own their homes outright in Cannon, 34.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cannon is $2,492 per month. Households that rent pay about 23.60% of their income on rent here. Cannon's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Girdler, KY: higher priced homes
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- Green Road, KY: higher priced homes
- Emanuel, KY: higher priced homes
- Artemus, KY: higher priced homes
- Old Flat Lick, KY: higher priced homes
- Gray, KY: higher priced homes
Cities with Similar Populations
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- Jericho, NC: higher priced homes
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