The Most Affordable Neighborhoods in Chevy Chase-Ashland Park, Lexington, KY by Home Value

 

Chevy Chase-Ashland Park, Lexington, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Chevy Chase-Ashland Park area can be challenging. Home prices in Chevy Chase-Ashland Park are now at a median cost of $481,695, higher than the Lexington average of $232,395.

The average cost of rent is $799/mo in Chevy Chase-Ashland Park, primarily driven by the current value of real estate in the Chevy Chase-Ashland Park area. While nearly 37.71% of residents own their homes outright in Chevy Chase-Ashland Park, 35.19% rent.

Housing affordability isn’t just about home prices, though. The average household income in Chevy Chase-Ashland Park is $7,351 per month. Households that rent pay about 10.87% of their income on rent here. Chevy Chase-Ashland Park's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.


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