Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cherokee Triangle area can be challenging. Home prices in Cherokee Triangle are now at a median cost of $507,053, higher than the Louisville average of $209,934.
The average cost of rent is $1,024/mo in Cherokee Triangle, primarily driven by the current value of real estate in the Cherokee Triangle area. While nearly 30.21% of residents own their homes outright in Cherokee Triangle, 55.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cherokee Triangle is $5,288 per month. Households that rent pay about 19.37% of their income on rent here. Cherokee Triangle's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
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- Audubon, Louisville, KY: less expensive homes
Neighborhoods with Similar Populations
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