The Most Affordable Neighborhoods in Dawson Springs, KY by Home Value

These days, finding an affordable place to live in the Dawson Springs area can be challenging. Home prices in Dawson Springs are now at a median cost of $106,973, lower than the Kentucky average of $219,615.

The average cost of rent is $777/mo in Dawson Springs, primarily driven by the current value of real estate in the Dawson Springs area. In Dawson Springs, 26.74% of households rent, and 51.85% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Dawson Springs is $4,498 per month. Households that rent pay about 17.27% of their income on rent here. Dawson Springs’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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