Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morgan County area can be challenging. Home prices in Morgan County are now at a median cost of $80,547, lower than the Kentucky average of $164,895.
The average cost of rent is $609/mo in Morgan County, primarily driven by the current value of real estate in the Morgan County area. While nearly 57.13% of residents own their homes outright in Morgan County, 21.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morgan County is $3,579 per month. Households that rent pay about 17.03% of their income on rent here. Morgan County's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the county.
Nearby Counties
- Menifee County, KY: equally priced homes
- Johnson County, KY: higher priced homes
- Powell County, KY: higher priced homes
- Lawrence County, KY: higher priced homes
- Montgomery County, KY: higher priced homes
- Martin County, KY: higher priced homes
- Clark County, KY: higher priced homes
- Fayette County, KY: higher priced homes
- Logan County, WV: higher priced homes
- Jessamine County, KY: higher priced homes
Counties with Similar Populations
- Dickey County, ND: higher priced homes
- Starke County, IN: higher priced homes
- St. James Parish, LA: higher priced homes
- St. Francis County, AR: equally priced homes
- Spencer County, KY: higher priced homes
- Southampton County, VA: higher priced homes
- Edmunds County, SD: higher priced homes
- Early County, GA: higher priced homes
- Duval County, TX: higher priced homes
- Dunn County, ND: higher priced homes
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