The Most Affordable Neighborhoods in Fourmile, KY by Home Value

These days, finding an affordable place to live in the Fourmile area can be challenging. Home prices in Fourmile are now at a median cost of $81,535, lower than the Kentucky average of $219,615.

The average cost of rent is $570/mo in Fourmile, primarily driven by the current value of real estate in the Fourmile area. In Fourmile, 46.65% of households rent, and 75.86% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Fourmile is $2,758 per month. Households that rent pay about 20.66% of their income on rent here. Fourmile’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern 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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