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These days, finding an affordable place to live in the Cowan area can be challenging. Home prices in Cowan are now at a median cost of $111,184, lower than the Kentucky average of $219,615.
The average cost of rent is $598/mo in Cowan, primarily driven by the current value of real estate in the Cowan area. In Cowan, 23.51% of households rent, and 57.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cowan is $4,997 per month. Households that rent pay about 11.96% of their income on rent here. Cowan’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ewing, KY: equally priced homes
- Pleasant Valley, KY: higher priced homes
- Myers, KY: higher priced homes
- Ellisville, KY: higher priced homes
- Nepton, KY: higher priced homes
- Craintown, KY: higher priced homes
- Mays Lick, KY: higher priced homes
- Piqua, KY: higher priced homes
- Sprout, KY: equally priced homes
- Shannon, KY: higher priced homes
Cities with Similar Populations
- Zenda, WI: higher priced homes
- Aaron, KY: higher priced homes
- Brookfield Center, VT: higher priced homes
- Bowen, KY: higher priced homes
- Board Camp, AR: higher priced homes
- Blankston, LA: higher priced homes
- Big Rock, KY: less expensive homes
- West Lenox, PA: higher priced homes
- West Middletown, PA: higher priced homes
- Westover Hills, VA: higher priced homes
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