Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Falmouth area can be challenging. Home prices in Falmouth are now at a median cost of $116,969, lower than the Kentucky average of $164,895.
The average cost of rent is $784/mo in Falmouth, primarily driven by the current value of real estate in the Falmouth area. While nearly 47.49% of residents own their homes outright in Falmouth, 32.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in Falmouth is $3,482 per month. Households that rent pay about 22.50% of their income on rent here. Falmouth's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Catawba, KY: equally priced homes
- Four Oaks, KY: higher priced homes
- Morgan, KY: higher priced homes
- Caddo, KY: higher priced homes
- Goforth, KY: higher priced homes
- McKinneysburg, KY: higher priced homes
- Boyd, KY: higher priced homes
- Butler, KY: higher priced homes
- Kelat, KY: higher priced homes
- Portland, KY: higher priced homes
Cities with Similar Populations
- Guilderland, NY: higher priced homes
- Glendale, CO: higher priced homes
- Glendora, NJ: higher priced homes
- Greenport, NY: higher priced homes
- Greensboro, MD: higher priced homes
- Greentown, IN: higher priced homes
- Greenville, IN: higher priced homes
- Greenwich, NY: higher priced homes
- Greenwood, DE: higher priced homes
- Gretna, VA: equally priced homes
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