
Home Price Key
These days, finding an affordable place to live in the Hendricks area can be challenging. Home prices in Hendricks are now at a median cost of $65,122, lower than the Kentucky average of $164,895.
The average cost of rent is $904/mo in Hendricks, primarily driven by the current value of real estate in the Hendricks area. While nearly 80.30% of residents own their homes outright in Hendricks, 10.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hendricks is $1,961 per month. Households that rent pay about 46.10% of their income on rent here. Hendricks's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Fritz, KY: higher priced homes
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- Gullett, KY: higher priced homes
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- Sublett, KY: higher priced homes
- Salyersville, KY: higher priced homes
- Carver, KY: higher priced homes
- Tiptop, KY: higher priced homes
Cities with Similar Populations
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