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Affordable
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These days, finding an affordable place to live in the Lamb area can be challenging. Home prices in Lamb are now at a median cost of $145,052, lower than the Kentucky average of $219,615.
The average cost of rent is $630/mo in Lamb, primarily driven by the current value of real estate in the Lamb area. In Lamb, 33.66% of households rent, and 53.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lamb is $5,234 per month. Households that rent pay about 12.04% of their income on rent here. Lamb’s most expensive areas are in the northern 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
- Flippin, KY: equally priced homes
- Fountain Run, KY: higher priced homes
- Tracy, KY: higher priced homes
- Etoile, KY: less expensive homes
- Mount Hermon, KY: higher priced homes
- Austin, KY: higher priced homes
- Freetown, KY: less expensive homes
- Cooktown, KY: less expensive homes
- Walnut Hill, KY: equally priced homes
- Gamaliel, KY: less expensive homes
Cities with Similar Populations
- Newfoundland, KY: less expensive homes
- Ridgeton, OH: higher priced homes
- Reeds, ME: higher priced homes
- Redbird Smith, OK: higher priced homes
- Red Row, TN: higher priced homes
- Red Apple Orchard, VA: higher priced homes
- Raymond, MT: equally priced homes
- Rathbone, MI: higher priced homes
- Newgulf, TX: higher priced homes
- Ringo, KS: less expensive homes
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