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Affordable
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These days, finding an affordable place to live in the Morrill area can be challenging. Home prices in Morrill are now at a median cost of $208,551, lower than the Kentucky average of $219,615.
The average cost of rent is $668/mo in Morrill, primarily driven by the current value of real estate in the Morrill area. In Morrill, 23.27% of households rent, and 49.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morrill is $7,069 per month. Households that rent pay about 9.45% of their income on rent here. Morrill’s most expensive areas are in the central 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
- Duluth, KY: equally priced homes
- Eglon, KY: less expensive homes
- Berea, KY: equally priced homes
- Kerby Knob, KY: equally priced homes
- Hisel, KY: equally priced homes
- Conway, KY: less expensive homes
- Sand Springs, KY: less expensive homes
- Sandgap, KY: less expensive homes
- Wildie, KY: less expensive homes
- Whites, KY: higher priced homes
Cities with Similar Populations
- Eaton Center, NH: higher priced homes
- Trudie, GA: less expensive homes
- Tress Shop, KY: less expensive homes
- Towns, GA: less expensive homes
- Toronto, KS: less expensive homes
- Faunsdale, AL: less expensive homes
- Farner, TN: less expensive homes
- Fargo, OK: less expensive homes
- Fargo, NY: less expensive homes
- Eureka, FL: less expensive homes
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