The Most Affordable Neighborhoods in Fleming-Neon, KY by Home Value

These days, finding an affordable place to live in the Fleming-Neon area can be challenging. Home prices in Fleming-Neon are now at a median cost of $49,533, lower than the Kentucky average of $219,615.

The average cost of rent is $1,017/mo in Fleming-Neon, primarily driven by the current value of real estate in the Fleming-Neon area. In Fleming-Neon, 29.34% of households rent, and 72.46% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Fleming-Neon is $3,988 per month. Households that rent pay about 25.51% of their income on rent here. Fleming-Neon’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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