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These days, finding an affordable place to live in the Elkfork area can be challenging. Home prices in Elkfork are now at a median cost of $125,544, lower than the Kentucky average of $219,615.
The average cost of rent is $650/mo in Elkfork, primarily driven by the current value of real estate in the Elkfork area. In Elkfork, 7.14% of households rent, and 61.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elkfork is $3,093 per month. Households that rent pay about 21.03% of their income on rent here. Elkfork’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Crockett, KY: equally priced homes
- Redwine, KY: less expensive homes
- Roscoe, KY: less expensive homes
- Elamton, KY: equally priced homes
- Spanglin, KY: less expensive homes
- Pomp, KY: higher priced homes
- Faye, KY: less expensive homes
- Leisure, KY: equally priced homes
- West Liberty, KY: higher priced homes
- Fannin, KY: less expensive homes
Cities with Similar Populations
- South Hannibal, NY: higher priced homes
- Liberty Center, IA: higher priced homes
- Skyburg, MN: higher priced homes
- Slovan, WI: higher priced homes
- Smithland, TX: equally priced homes
- Smithsonia, AL: higher priced homes
- Soldier, IA: higher priced homes
- Solo, TN: higher priced homes
- Solromar, CA: higher priced homes
- South Anna, VA: higher priced homes
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