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These days, finding an affordable place to live in the Charleston area can be challenging. Home prices in Charleston are now at a median cost of $122,674, lower than the Kentucky average of $219,615.
The average cost of rent is $1,039/mo in Charleston, primarily driven by the current value of real estate in the Charleston area. In Charleston, 14.69% of households rent, and 56.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Charleston is $7,032 per month. Households that rent pay about 14.77% of their income on rent here. Charleston’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dawson Springs, KY: less expensive homes
- Claxton, KY: less expensive homes
- Richland, KY: higher priced homes
- Olney, KY: higher priced homes
- Rabbit Ridge, KY: less expensive homes
- St. Charles, KY: less expensive homes
- Kirkwood Springs, KY: equally priced homes
- Earlington, KY: less expensive homes
- Needmore, KY: equally priced homes
- Pumpkin Center, KY: equally priced homes
Cities with Similar Populations
- Snap, KY: higher priced homes
- Snufftown, NY: higher priced homes
- Snow, OK: higher priced homes
- Huscher, KS: higher priced homes
- Idaho, PA: higher priced homes
- Snow Hill, AR: less expensive homes
- Snoqualmie Pass, WA: higher priced homes
- Imogene, MN: higher priced homes
- Industry, AL: equally priced homes
- Inland, NE: higher priced homes
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