Expensive
Affordable
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These days, finding an affordable place to live in the Hope area can be challenging. Home prices in Hope are now at a median cost of $138,136, lower than the Kentucky average of $219,615.
The average cost of rent is $745/mo in Hope, primarily driven by the current value of real estate in the Hope area. In Hope, 24.40% of households rent, and 50.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hope is $4,192 per month. Households that rent pay about 17.77% of their income on rent here. Hope’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lucky Stop, KY: higher priced homes
- Means, KY: less expensive homes
- Preston, KY: less expensive homes
- Olympia, KY: equally priced homes
- Olympia Springs, KY: higher priced homes
- Stepstone, KY: less expensive homes
- Rothwell, KY: less expensive homes
- Sudith, KY: equally priced homes
- Jeffersonville, KY: higher priced homes
- Howards Mill, KY: higher priced homes
Cities with Similar Populations
- Collins, IN: higher priced homes
- Thornhurst, PA: higher priced homes
- Ten Sleep, WY: higher priced homes
- Tallula, IL: equally priced homes
- Delmont, OH: higher priced homes
- Davis Station, SC: less expensive homes
- Damiansville, IL: higher priced homes
- Cut, TX: higher priced homes
- Culdesac, ID: higher priced homes
- Crab Orchard Estates, IL: higher priced homes
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