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These days, finding an affordable place to live in the Frenchburg area can be challenging. Home prices in Frenchburg are now at a median cost of $138,221, lower than the Kentucky average of $219,615.
The average cost of rent is $550/mo in Frenchburg, primarily driven by the current value of real estate in the Frenchburg area. In Frenchburg, 27.20% of households rent, and 62.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Frenchburg is $4,053 per month. Households that rent pay about 13.57% of their income on rent here. Frenchburg’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fagan, KY: less expensive homes
- Rothwell, KY: less expensive homes
- Sudith, KY: equally priced homes
- Scranton, KY: higher priced homes
- Denniston, KY: less expensive homes
- Means, KY: less expensive homes
- Pomeroyton, KY: less expensive homes
- Wellington, KY: less expensive homes
- Bowen, KY: higher priced homes
- Olympia Springs, KY: higher priced homes
Cities with Similar Populations
- Big Beaver, PA: higher priced homes
- Russellton, PA: higher priced homes
- Hamlin, WV: less expensive homes
- Hartville, MO: higher priced homes
- Hemby Bridge, NC: higher priced homes
- Hill City, SD: higher priced homes
- Homerville, OH: higher priced homes
- Hubbard, TX: less expensive homes
- Kiawah Island, SC: higher priced homes
- Lena, MS: less expensive homes
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