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These days, finding an affordable place to live in the McHenry area can be challenging. Home prices in McHenry are now at a median cost of $123,288, lower than the Kentucky average of $219,615.
The average cost of rent is $791/mo in McHenry, primarily driven by the current value of real estate in the McHenry area. In McHenry, 30.47% of households rent, and 56.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McHenry is $4,616 per month. Households that rent pay about 17.13% of their income on rent here. McHenry’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Beaver Dam, KY: higher priced homes
- Simmons, KY: less expensive homes
- Echols, KY: higher priced homes
- Centertown, KY: less expensive homes
- Nineteen, KY: higher priced homes
- No Creek, KY: equally priced homes
- Rockport, KY: higher priced homes
- Prentiss, KY: equally priced homes
- Hartford, KY: higher priced homes
- Horton, KY: higher priced homes
Cities with Similar Populations
- Lucerne Mines, PA: higher priced homes
- Rowena, TX: higher priced homes
- McGuffey, OH: equally priced homes
- Malta, ID: higher priced homes
- Albany, VT: higher priced homes
- Macedonia, TN: higher priced homes
- Lynnville, KY: higher priced homes
- Lyndon Center, VT: higher priced homes
- Lutsen, MN: higher priced homes
- Rush, PA: higher priced homes
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