The Most Affordable Neighborhoods in Jewel City, KY by Home Value

These days, finding an affordable place to live in the Jewel City area can be challenging. Home prices in Jewel City are now at a median cost of $127,674, lower than the Kentucky average of $219,615.

The average cost of rent is $638/mo in Jewel City, primarily driven by the current value of real estate in the Jewel City area. In Jewel City, 22.82% of households rent, and 52.31% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Jewel City is $5,923 per month. Households that rent pay about 10.78% of their income on rent here. Jewel City’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.

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

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