Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Manchester area can be challenging. Home prices in Manchester are now at a median cost of $87,812, lower than the Kentucky average of $164,895.
The average cost of rent is $578/mo in Manchester, primarily driven by the current value of real estate in the Manchester area. While nearly 66.97% of residents own their homes outright in Manchester, 30.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Manchester is $2,569 per month. Households that rent pay about 22.50% of their income on rent here. Manchester's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Fall Rock, KY: less expensive homes
- Sidell, KY: higher priced homes
- Garrard, KY: equally priced homes
- Urban, KY: less expensive homes
- Spurlock, KY: less expensive homes
- Bluehole, KY: less expensive homes
- Burning Springs, KY: less expensive homes
- Hector, KY: less expensive homes
- Lincoln, KY: less expensive homes
- Portersburg, KY: less expensive homes
Cities with Similar Populations
- Walden, NY: higher priced homes
- Country Club, CA: higher priced homes
- Valley Falls, RI: higher priced homes
- Villanova, PA: higher priced homes
- Villas, FL: higher priced homes
- Vineyard Haven, MA: higher priced homes
- Wabash, IN: higher priced homes
- Waconia, MN: higher priced homes
- Waddell, AZ: higher priced homes
- Wagoner, OK: higher priced homes
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