Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merry Oaks area can be challenging. Home prices in Merry Oaks are now at a median cost of $120,134, lower than the Kentucky average of $164,895.
The average cost of rent is $680/mo in Merry Oaks, primarily driven by the current value of real estate in the Merry Oaks area. While nearly 41.68% of residents own their homes outright in Merry Oaks, 23.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merry Oaks is $3,436 per month. Households that rent pay about 19.80% of their income on rent here. Merry Oaks's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Park City, KY: equally priced homes
- Stovall, KY: higher priced homes
- Rocky Hill, KY: equally priced homes
- Smiths Grove, KY: higher priced homes
- Oil City, KY: higher priced homes
- Pritchardsville, KY: higher priced homes
- Highland Spring, KY: less expensive homes
- Haywood, KY: higher priced homes
- Finney, KY: higher priced homes
- Oakland, KY: higher priced homes
Cities with Similar Populations
- Rhodell, WV: less expensive homes
- Newbern, VA: higher priced homes
- Newton Falls, NY: less expensive homes
- Prospect Ferry, ME: higher priced homes
- Putneyville, PA: higher priced homes
- Rada, WV: higher priced homes
- Rantowles, SC: higher priced homes
- Rapelje, MT: higher priced homes
- Red Oak, IL: equally priced homes
- Redcrest, CA: higher priced homes
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