The Most Affordable Neighborhoods in Cardinal Hill-Pine Meadow, Lexington, KY by Home Value

 

Cardinal Hill-Pine Meadow, Lexington, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cardinal Hill-Pine Meadow area can be challenging. Home prices in Cardinal Hill-Pine Meadow are now at a median cost of $195,422, lower than the Lexington average of $306,868.

The average cost of rent is $1,310/mo in Cardinal Hill-Pine Meadow, primarily driven by the current value of real estate in the Cardinal Hill-Pine Meadow area. In Cardinal Hill-Pine Meadow, 87.16% of households rent, and 57.60% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cardinal Hill-Pine Meadow is $3,193 per month. Households that rent pay about 41.03% of their income on rent here. Cardinal Hill-Pine Meadow’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the neighborhood.

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


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