Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cumberland area can be challenging. Home prices in Cumberland are now at a median cost of $71,793, lower than the Kentucky average of $164,895.
The average cost of rent is $596/mo in Cumberland, primarily driven by the current value of real estate in the Cumberland area. While nearly 68.94% of residents own their homes outright in Cumberland, 43.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cumberland is $2,749 per month. Households that rent pay about 21.68% of their income on rent here. Cumberland's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Benham, KY: less expensive homes
- Blair, KY: higher priced homes
- Hiram, KY: less expensive homes
- Gordon, KY: less expensive homes
- Linefork, KY: less expensive homes
- Lynch, KY: less expensive homes
- Dione, KY: less expensive homes
- Rutherford, KY: less expensive homes
- Closplint, KY: less expensive homes
- Partridge, KY: less expensive homes
Cities with Similar Populations
- Heber-Overgaard, AZ: higher priced homes
- Aspinwall, PA: higher priced homes
- Atglen, PA: higher priced homes
- Belle Meade, TN: higher priced homes
- Boston, NY: higher priced homes
- Calhoun, KY: higher priced homes
- Charlotte Park, FL: higher priced homes
- Hudson, IA: higher priced homes
- Patton, PA: higher priced homes
- Pulaski, PA: higher priced homes
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