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These days, finding an affordable place to live in the Mayfield area can be challenging. Home prices in Mayfield are now at a median cost of $141,531, lower than the Kentucky average of $219,615.
The average cost of rent is $795/mo in Mayfield, primarily driven by the current value of real estate in the Mayfield area. In Mayfield, 30.14% of households rent, and 44.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mayfield is $4,238 per month. Households that rent pay about 18.77% of their income on rent here. Mayfield’s most expensive areas are in the western 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
- Lynnville, KY: equally priced homes
- Pryorsburg, KY: equally priced homes
- Hickory, KY: higher priced homes
- Cuba, KY: higher priced homes
- Dublin, KY: less expensive homes
- Wingo, KY: equally priced homes
- Viola, KY: higher priced homes
- Fancy Farm, KY: equally priced homes
- Kirksey, KY: equally priced homes
- Brewers, KY: higher priced homes
Cities with Similar Populations
- Southbury, CT: higher priced homes
- Bethel, CT: higher priced homes
- Big Lake, MN: higher priced homes
- Blairsville, GA: higher priced homes
- Blythe, CA: higher priced homes
- Bon Air, VA: higher priced homes
- Bonita, CA: higher priced homes
- Braselton, GA: higher priced homes
- Brewster, NY: higher priced homes
- Brook Park, OH: higher priced homes
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