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These days, finding an affordable place to live in the Gratz area can be challenging. Home prices in Gratz are now at a median cost of $160,651, lower than the Kentucky average of $219,615.
The average cost of rent is $810/mo in Gratz, primarily driven by the current value of real estate in the Gratz area. In Gratz, 7.67% of households rent, and 69.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gratz is $4,005 per month. Households that rent pay about 20.23% of their income on rent here. Gratz’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lockport, KY: higher priced homes
- Squiresville, KY: less expensive homes
- Bethlehem, KY: higher priced homes
- Perry Park, KY: less expensive homes
- Monterey, KY: higher priced homes
- Owenton, KY: higher priced homes
- Franklinton, KY: higher priced homes
- New, KY: higher priced homes
- Orville, KY: higher priced homes
- Long Ridge, KY: higher priced homes
Cities with Similar Populations
- Tama, OH: higher priced homes
- Clarktown, TN: less expensive homes
- Columbus, AR: less expensive homes
- Squib, KY: equally priced homes
- Stumpy Point, NC: higher priced homes
- Sunnyland, OH: higher priced homes
- Swanton, NE: higher priced homes
- Sylvatus, VA: equally priced homes
- Tackett Creek, TN: less expensive homes
- Talbot, OR: higher priced homes
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