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Affordable
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These days, finding an affordable place to live in the Lockwood area can be challenging. Home prices in Lockwood are now at a median cost of $151,800, lower than the Kentucky average of $219,615.
The average cost of rent is $720/mo in Lockwood, primarily driven by the current value of real estate in the Lockwood area. In Lockwood, 9.63% of households rent, and 45.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lockwood is $5,361 per month. Households that rent pay about 13.43% of their income on rent here. Lockwood’s most expensive areas are in the central 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
- Prichard, WV: less expensive homes
- Buchanan, KY: less expensive homes
- Catlettsburg, KY: less expensive homes
- Mavity, KY: equally priced homes
- Kenova, WV: equally priced homes
- Shoals, WV: less expensive homes
- Ceredo, WV: equally priced homes
- Rush, KY: less expensive homes
- Coalton, KY: equally priced homes
- Lavalette, WV: equally priced homes
Cities with Similar Populations
- Shinewell, OK: less expensive homes
- Leektown, NJ: higher priced homes
- Leighton, TN: less expensive homes
- Lejunior, KY: less expensive homes
- Leoville, KS: equally priced homes
- Leroy, ND: higher priced homes
- Lexington Heights, MI: higher priced homes
- Lidy Hot Springs, ID: higher priced homes
- Limestone Springs, KY: higher priced homes
- Lyonsdale, NY: less expensive homes
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