The Most Affordable Neighborhoods in Jumbo, KY by Home Value

 

Jumbo, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Jumbo area can be challenging. Home prices in Jumbo are now at a median cost of $110,118, lower than the Kentucky average of $164,895.

The average cost of rent is $661/mo in Jumbo, primarily driven by the current value of real estate in the Jumbo area. While nearly 61.81% of residents own their homes outright in Jumbo, 17.33% rent.

Housing affordability isn’t just about home prices, though. The average household income in Jumbo is $4,443 per month. Households that rent pay about 14.88% of their income on rent here. Jumbo's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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