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These days, finding an affordable place to live in the Danville area can be challenging. Home prices in Danville are now at a median cost of $226,239, higher than the Kentucky average of $219,615.
The average cost of rent is $761/mo in Danville, primarily driven by the current value of real estate in the Danville area. In Danville, 38.09% of households rent, and 42.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Danville is $5,448 per month. Households that rent pay about 13.97% of their income on rent here. Danville’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Little Needmore, KY: higher priced homes
- Junction City, KY: less expensive homes
- Faulconer, KY: higher priced homes
- Shelby City, KY: less expensive homes
- Clifton, KY: equally priced homes
- Nevada, KY: less expensive homes
- Burgin, KY: equally priced homes
- Marksbury, KY: higher priced homes
- Milledgeville, KY: less expensive homes
- Lancaster, KY: equally priced homes
Cities with Similar Populations
- Walker, LA: equally priced homes
- Hampstead, NC: higher priced homes
- Hanover, MD: higher priced homes
- Harrison, NY: higher priced homes
- Harrison, OH: higher priced homes
- Haslett, MI: higher priced homes
- Hatboro, PA: higher priced homes
- Hayden, ID: higher priced homes
- Warrenton, VA: higher priced homes
- Henderson, TX: less expensive homes
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