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

These days, finding an affordable place to live in the Letcher County area can be challenging. Home prices in Letcher County are now at a median cost of $73,941, lower than the Kentucky average of $219,615.

The average cost of rent is $732/mo in Letcher County, primarily driven by the current value of real estate in the Letcher County area. In Letcher County, 25.87% of households rent, and 71.00% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Letcher County is $3,898 per month. Households that rent pay about 18.79% of their income on rent here. Letcher County’s most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the county.

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

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