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These days, finding an affordable place to live in the Dermont area can be challenging. Home prices in Dermont are now at a median cost of $307,777, higher than the Kentucky average of $219,615.
The average cost of rent is $853/mo in Dermont, primarily driven by the current value of real estate in the Dermont area. In Dermont, 12.08% of households rent, and 45.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dermont is $7,133 per month. Households that rent pay about 11.96% of their income on rent here. Dermont’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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- Springtown, NY: higher priced homes
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