Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Erlanger area can be challenging. Home prices in Erlanger are now at a median cost of $163,785, lower than the Kentucky average of $164,895.
The average cost of rent is $952/mo in Erlanger, primarily driven by the current value of real estate in the Erlanger area. While nearly 24.97% of residents own their homes outright in Erlanger, 38.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Erlanger is $5,978 per month. Households that rent pay about 15.92% of their income on rent here. Erlanger's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Elsmere, KY: less expensive homes
- Crestview Hills, KY: higher priced homes
- Edgewood, KY: higher priced homes
- Lakeside Park, KY: higher priced homes
- Fort Mitchell, KY: higher priced homes
- Crescent Springs, KY: higher priced homes
- Villa Hills, KY: higher priced homes
- Florence, KY: equally priced homes
- Fort Wright, KY: higher priced homes
- Independence, KY: higher priced homes
Cities with Similar Populations
- Batavia, NY: less expensive homes
- Bainbridge, GA: less expensive homes
- Athens, TX: less expensive homes
- Greenfield, CA: higher priced homes
- Ashland, MA: higher priced homes
- Wexford, PA: higher priced homes
- White Oak, OH: equally priced homes
- Angier, NC: higher priced homes
- Winthrop Town, MA: higher priced homes
- Ammon, ID: higher priced homes
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