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These days, finding an affordable place to live in the Cromwell area can be challenging. Home prices in Cromwell are now at a median cost of $105,292, lower than the Kentucky average of $219,615.
The average cost of rent is $924/mo in Cromwell, primarily driven by the current value of real estate in the Cromwell area. In Cromwell, 10.73% of households rent, and 38.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cromwell is $4,306 per month. Households that rent pay about 21.47% of their income on rent here. Cromwell’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Baizetown, KY: less expensive homes
- Prentiss, KY: higher priced homes
- Gilstrap, KY: equally priced homes
- Logansport, KY: higher priced homes
- Horton, KY: higher priced homes
- Beaver Dam, KY: higher priced homes
- Rosine, KY: less expensive homes
- Cool Springs, KY: higher priced homes
- Horse Branch, KY: less expensive homes
- Aberdeen, KY: equally priced homes
Cities with Similar Populations
- Paxton, TX: equally priced homes
- Lester, OH: higher priced homes
- Lewisville, OH: higher priced homes
- Lingleville, TX: higher priced homes
- Marquette, KS: higher priced homes
- Melson, MD: higher priced homes
- North Topsail Beach, NC: higher priced homes
- O'Donnell, TX: higher priced homes
- Ousley, GA: higher priced homes
- Palmyra, IL: higher priced homes
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