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These days, finding an affordable place to live in the Clay area can be challenging. Home prices in Clay are now at a median cost of $106,886, lower than the Kentucky average of $219,615.
The average cost of rent is $767/mo in Clay, primarily driven by the current value of real estate in the Clay area. In Clay, 20.73% of households rent, and 57.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Clay is $5,129 per month. Households that rent pay about 14.95% of their income on rent here. Clay’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wheatcroft, KY: equally priced homes
- Fairmont, KY: higher priced homes
- Free Union, KY: higher priced homes
- Hearin, KY: higher priced homes
- Lisman, KY: higher priced homes
- Sullivan, KY: higher priced homes
- Providence, KY: less expensive homes
- Pride, KY: higher priced homes
- Blackford, KY: higher priced homes
- Dixon, KY: higher priced homes
Cities with Similar Populations
- Damon, TX: higher priced homes
- Wausau, FL: higher priced homes
- Sunset Beach, CA: higher priced homes
- Appleton, MN: equally priced homes
- Coon Valley, WI: higher priced homes
- Welling, OK: higher priced homes
- Clio, SC: less expensive homes
- Stantonville, TN: higher priced homes
- Springfield, SC: less expensive homes
- Carson, VA: higher priced homes
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