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Affordable
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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 $220,617, higher than the Kentucky average of $219,615.
The average cost of rent is $1,191/mo in Erlanger, primarily driven by the current value of real estate in the Erlanger area. In Erlanger, 29.94% of households rent, and 33.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Erlanger is $7,076 per month. Households that rent pay about 16.83% of their income on rent here. Erlanger’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.
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: equally priced 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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