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Affordable
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These days, finding an affordable place to live in the Ivel area can be challenging. Home prices in Ivel are now at a median cost of $104,041, lower than the Kentucky average of $219,615.
The average cost of rent is $1,074/mo in Ivel, primarily driven by the current value of real estate in the Ivel area. In Ivel, 19.53% of households rent, and 54.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ivel is $4,947 per month. Households that rent pay about 21.72% of their income on rent here. Ivel’s most expensive areas are in the western 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
- Tram, KY: higher priced homes
- Banner, KY: higher priced homes
- Stanville, KY: higher priced homes
- Betsy Layne, KY: higher priced homes
- Dana, KY: higher priced homes
- Allen, KY: equally priced homes
- Dwale, KY: equally priced homes
- Endicott, KY: equally priced homes
- Martin, KY: less expensive homes
- Harold, KY: equally priced homes
Cities with Similar Populations
- East Branch, NY: higher priced homes
- Trade Lake, WI: higher priced homes
- Toreva, AZ: less expensive homes
- Tonet, WI: higher priced homes
- Toivola, MI: higher priced homes
- Togo, TX: higher priced homes
- Thorpe, IA: higher priced homes
- East Germantown, IN: equally priced homes
- East Dover, VT: higher priced homes
- East Cape Girardeau, IL: less expensive homes
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