Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gray area can be challenging. Home prices in Gray are now at a median cost of $100,285, lower than the Kentucky average of $164,895.
The average cost of rent is $505/mo in Gray, primarily driven by the current value of real estate in the Gray area. While nearly 73.41% of residents own their homes outright in Gray, 27.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gray is $2,841 per month. Households that rent pay about 17.78% of their income on rent here. Gray's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Rossland, KY: equally priced homes
- Emanuel, KY: less expensive homes
- Girdler, KY: less expensive homes
- Woodbine, KY: equally priced homes
- Lily, KY: higher priced homes
- Cannon, KY: less expensive homes
- Heidrick, KY: less expensive homes
- Barbourville, KY: higher priced homes
- Swan Lake, KY: less expensive homes
- Corbin, KY: higher priced homes
Cities with Similar Populations
- Chester Heights, PA: higher priced homes
- Woodland, AL: higher priced homes
- Verona, KY: higher priced homes
- Stanley, ND: higher priced homes
- Springville, TN: higher priced homes
- Sewaren, NJ: higher priced homes
- Russellville, MO: higher priced homes
- Rickman, TN: higher priced homes
- Vienna, IL: equally priced homes
- White Springs, FL: equally priced homes
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