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These days, finding an affordable place to live in the London area can be challenging. Home prices in London are now at a median cost of $123,728, lower than the Kentucky average of $164,895.
The average cost of rent is $721/mo in London, primarily driven by the current value of real estate in the London area. While nearly 47.23% of residents own their homes outright in London, 29.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in London is $4,441 per month. Households that rent pay about 16.24% of their income on rent here. London's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Brock, KY: equally priced homes
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Cities with Similar Populations
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