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These days, finding an affordable place to live in the Garrett area can be challenging. Home prices in Garrett are now at a median cost of $127,208, lower than the Kentucky average of $219,615.
The average cost of rent is $753/mo in Garrett, primarily driven by the current value of real estate in the Garrett area. In Garrett, 20.72% of households rent, and 80.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Garrett is $3,885 per month. Households that rent pay about 19.38% of their income on rent here. Garrett’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lackey, KY: equally priced homes
- Hueysville, KY: less expensive homes
- Handshoe, KY: higher priced homes
- Wayland, KY: less expensive homes
- Eastern, KY: less expensive homes
- Mousie, KY: less expensive homes
- Drift, KY: less expensive homes
- Leburn, KY: higher priced homes
- Pyramid, KY: less expensive homes
- Langley, KY: less expensive homes
Cities with Similar Populations
- Linwood, KY: less expensive homes
- Scioto Furnace, OH: higher priced homes
- Sardinia, IN: higher priced homes
- Sandy Lane, TN: higher priced homes
- Masonville, NY: higher priced homes
- Martintown, AL: higher priced homes
- Martin Junction, LA: equally priced homes
- Ludlow, PA: less expensive homes
- Lottie, LA: equally priced homes
- Lookout, WV: higher priced homes
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