Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Melber area can be challenging. Home prices in Melber are now at a median cost of $166,095, higher than the Kentucky average of $164,895.
The average cost of rent is $826/mo in Melber, primarily driven by the current value of real estate in the Melber area. While nearly 32.47% of residents own their homes outright in Melber, 13.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Melber is $5,494 per month. Households that rent pay about 15.03% of their income on rent here. Melber's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Lowes, KY: equally priced homes
- Folsomdale, KY: less expensive homes
- Lovelaceville, KY: higher priced homes
- Boaz, KY: less expensive homes
- Cunningham, KY: equally priced homes
- Viola, KY: less expensive homes
- Massac, KY: higher priced homes
- Hickory, KY: less expensive homes
- Hendron, KY: higher priced homes
- West Paducah, KY: less expensive homes
Cities with Similar Populations
- Milbridge, ME: less expensive homes
- Ledbetter, TX: higher priced homes
- Leetsdale, PA: less expensive homes
- Lore City, OH: less expensive homes
- Luce, MI: less expensive homes
- Alabama, NY: less expensive homes
- Madison, KS: less expensive homes
- Mantee, MS: less expensive homes
- Manville, SC: less expensive homes
- Lanesboro, MN: equally priced homes
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