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These days, finding an affordable place to live in the Ludlow area can be challenging. Home prices in Ludlow are now at a median cost of $191,270, lower than the Kentucky average of $219,615.
The average cost of rent is $1,282/mo in Ludlow, primarily driven by the current value of real estate in the Ludlow area. In Ludlow, 25.71% of households rent, and 37.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ludlow is $5,889 per month. Households that rent pay about 21.77% of their income on rent here. Ludlow’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bromley, KY: higher priced homes
- Park Hills, KY: higher priced homes
- Covington, KY: higher priced homes
- Fort Wright, KY: higher priced homes
- Crescent Springs, KY: higher priced homes
- Kenton Vale, KY: equally priced homes
- Villa Hills, KY: higher priced homes
- Bellevue, KY: higher priced homes
- Newport, KY: higher priced homes
- Lakeside Park, KY: higher priced homes
Cities with Similar Populations
- Aurora, NE: higher priced homes
- Bostic, NC: less expensive homes
- Poynette, WI: higher priced homes
- Auburn, IL: less expensive homes
- Auburn, KY: equally priced homes
- Auburn, MI: equally priced homes
- North Dighton, MA: higher priced homes
- Auburn, NH: higher priced homes
- Auburn, PA: higher priced homes
- Bosque Farms, NM: higher priced homes
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