The Most Affordable Neighborhoods in Indian Hills-Stonewall Estates-Monticello, Lexington, KY by Home Value

 

Indian Hills-Stonewall Estates-Monticello, Lexington, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Indian Hills-Stonewall Estates-Monticello area can be challenging. Home prices in Indian Hills-Stonewall Estates-Monticello are now at a median cost of $315,615, higher than the Lexington average of $306,868.

The average cost of rent is $1,328/mo in Indian Hills-Stonewall Estates-Monticello, primarily driven by the current value of real estate in the Indian Hills-Stonewall Estates-Monticello area. In Indian Hills-Stonewall Estates-Monticello, 21.49% of households rent, and 37.98% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Indian Hills-Stonewall Estates-Monticello is $8,619 per month. Households that rent pay about 15.41% of their income on rent here. Indian Hills-Stonewall Estates-Monticello’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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