The Most Affordable Neighborhoods in Laurel County, KY by Home Value

 

Laurel County, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Laurel County area can be challenging. Home prices in Laurel County are now at a median cost of $110,486, lower than the Kentucky average of $164,895.

The average cost of rent is $734/mo in Laurel County, primarily driven by the current value of real estate in the Laurel County area. While nearly 52.02% of residents own their homes outright in Laurel County, 25.95% rent.

Housing affordability isn’t just about home prices, though. The average household income in Laurel County is $4,118 per month. Households that rent pay about 17.82% of their income on rent here. Laurel County's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the county.


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