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These days, finding an affordable place to live in the Junction City area can be challenging. Home prices in Junction City are now at a median cost of $131,506, lower than the Kentucky average of $219,615.
The average cost of rent is $833/mo in Junction City, primarily driven by the current value of real estate in the Junction City area. In Junction City, 22.01% of households rent, and 44.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Junction City is $4,438 per month. Households that rent pay about 18.78% of their income on rent here. Junction City’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Shelby City, KY: higher priced homes
- Milledgeville, KY: equally priced homes
- Danville, KY: higher priced homes
- Parksville, KY: higher priced homes
- Little Needmore, KY: higher priced homes
- Chicken Bristle, KY: higher priced homes
- Stanford, KY: higher priced homes
- Clifton, KY: higher priced homes
- Hustonville, KY: higher priced homes
- Mitchellsburg, KY: higher priced homes
Cities with Similar Populations
- Shelby, AL: higher priced homes
- Sheffield, OH: higher priced homes
- Riverdale, MD: higher priced homes
- Orange Grove, TX: higher priced homes
- Riva, MD: higher priced homes
- Valley Grande, AL: equally priced homes
- Vanceburg, KY: less expensive homes
- Rienzi, MS: equally priced homes
- North Hudson, WI: higher priced homes
- North Richmond, CA: higher priced homes
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