Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ghent area can be challenging. Home prices in Ghent are now at a median cost of $106,538, lower than the Kentucky average of $164,895.
The average cost of rent is $832/mo in Ghent, primarily driven by the current value of real estate in the Ghent area. While nearly 61.81% of residents own their homes outright in Ghent, 28.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ghent is $4,083 per month. Households that rent pay about 20.37% of their income on rent here. Ghent's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
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