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These days, finding an affordable place to live in the Hamlin area can be challenging. Home prices in Hamlin are now at a median cost of $145,661, lower than the Kentucky average of $219,615.
The average cost of rent is $675/mo in Hamlin, primarily driven by the current value of real estate in the Hamlin area. In Hamlin, 4.99% of households rent, and 59.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hamlin is $4,211 per month. Households that rent pay about 16.03% of their income on rent here. Hamlin’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- New Concord, KY: higher priced homes
- Faxon, KY: less expensive homes
- New Providence, KY: higher priced homes
- Dexter, KY: less expensive homes
- Murray, KY: higher priced homes
- Almo, KY: higher priced homes
- Olive, KY: equally priced homes
- Linton, KY: higher priced homes
- Bumpus Mills, TN: higher priced homes
- Hazel, KY: higher priced homes
Cities with Similar Populations
- Pratt, MN: higher priced homes
- Peru, KS: less expensive homes
- Peru, WI: higher priced homes
- Petersburg, ND: less expensive homes
- Phoenix, NC: higher priced homes
- Pickard, IN: higher priced homes
- Pierrepont, NY: less expensive homes
- Pillowville, TN: equally priced homes
- Pine Flat, AL: higher priced homes
- Pine Woods, NY: less expensive homes
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