The Most Affordable Neighborhoods in Cranston, KY by Home Value

 

Cranston, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cranston area can be challenging. Home prices in Cranston are now at a median cost of $240,796, higher than the Kentucky average of $164,895.

The average cost of rent is $944/mo in Cranston, primarily driven by the current value of real estate in the Cranston area. While nearly 30.47% of residents own their homes outright in Cranston, 40.69% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cranston is $3,708 per month. Households that rent pay about 25.45% of their income on rent here. Cranston's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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