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Affordable
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These days, finding an affordable place to live in the Maxwell area can be challenging. Home prices in Maxwell are now at a median cost of $188,500, lower than the Kentucky average of $219,615.
The average cost of rent is $913/mo in Maxwell, primarily driven by the current value of real estate in the Maxwell area. In Maxwell, 15.18% of households rent, and 65.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Maxwell is $5,617 per month. Households that rent pay about 16.25% of their income on rent here. Maxwell’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
- Heflin, KY: less expensive homes
- Livermore, KY: less expensive homes
- Buford, KY: less expensive homes
- Sutherland, KY: higher priced homes
- Matanzas, KY: less expensive homes
- Utica, KY: higher priced homes
- Red Hill, KY: higher priced homes
- No Creek, KY: less expensive homes
- Pleasant Ridge, KY: equally priced homes
- Centertown, KY: less expensive homes
Cities with Similar Populations
- Trent Valley, TN: less expensive homes
- Yogaville, VA: higher priced homes
- Courtney, OK: less expensive homes
- Cranberry Isles, ME: higher priced homes
- Creighton, SD: less expensive homes
- Crescent Lake, OR: higher priced homes
- Crocus, ND: less expensive homes
- Croft, KS: less expensive homes
- Yellow Pine, ID: higher priced homes
- Devereaux, NY: less expensive homes
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