Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Frakes area can be challenging. Home prices in Frakes are now at a median cost of $99,332, lower than the Kentucky average of $164,895.
The average cost of rent is $593/mo in Frakes, primarily driven by the current value of real estate in the Frakes area. While nearly 63.75% of residents own their homes outright in Frakes, 12.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Frakes is $2,525 per month. Households that rent pay about 23.50% of their income on rent here. Frakes's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Pearl, KY: higher priced homes
- Pruden, TN: less expensive homes
- Clairfield, TN: less expensive homes
- Chenoa, KY: less expensive homes
- Eagan, TN: less expensive homes
- Gatliff, KY: equally priced homes
- Davisburg, KY: less expensive homes
- Tackett Creek, TN: less expensive homes
- Rain, KY: less expensive homes
- Saxton, KY: less expensive homes
Cities with Similar Populations
- Sanborn, ND: higher priced homes
- Magnolia, WV: higher priced homes
- Mammoth, WV: less expensive homes
- Maple Valley, IN: higher priced homes
- Maplecrest, NY: higher priced homes
- Martinsdale, MT: higher priced homes
- Mason Grove, TN: higher priced homes
- Masters, MO: higher priced homes
- Max, IN: higher priced homes
- Mazarn, AR: higher priced homes
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