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Affordable
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These days, finding an affordable place to live in the Iberia area can be challenging. Home prices in Iberia are now at a median cost of $206,428, lower than the Kentucky average of $219,615.
The average cost of rent is $917/mo in Iberia, primarily driven by the current value of real estate in the Iberia area. In Iberia, 22.34% of households rent, and 61.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Iberia is $5,595 per month. Households that rent pay about 16.40% of their income on rent here. Iberia’s most expensive areas are in the central 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
- Snap, KY: equally priced homes
- Anneta, KY: less expensive homes
- Mammoth Cave, KY: less expensive homes
- Clarkson, KY: equally priced homes
- Bee Spring, KY: less expensive homes
- Cub Run, KY: less expensive homes
- Sweeden, KY: less expensive homes
- Leitchfield, KY: less expensive homes
- Millerstown, KY: less expensive homes
- Shrewsbury, KY: less expensive homes
Cities with Similar Populations
- Swaledale, IA: higher priced homes
- Tipton, KS: less expensive homes
- Timber Hills, PA: equally priced homes
- Three Springs, KY: less expensive homes
- Theodosia, MO: less expensive homes
- Terral, OK: less expensive homes
- Temperanceville, OH: equally priced homes
- Teague, TN: less expensive homes
- Taunton, MN: less expensive homes
- Swift Falls, MN: higher priced homes
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