Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Murray area can be challenging. Home prices in Murray are now at a median cost of $149,284, lower than the Kentucky average of $164,895.
The average cost of rent is $747/mo in Murray, primarily driven by the current value of real estate in the Murray area. While nearly 56.34% of residents own their homes outright in Murray, 43.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Murray is $3,485 per month. Households that rent pay about 21.44% of their income on rent here. Murray's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Wiswell, KY: higher priced homes
- Almo, KY: less expensive homes
- Hazel, KY: equally priced homes
- New Providence, KY: equally priced homes
- Pleasant Hill, KY: less expensive homes
- Lynn Grove, KY: less expensive homes
- Coldwater, KY: equally priced homes
- Dexter, KY: less expensive homes
- Golo, KY: equally priced homes
- Faxon, KY: higher priced homes
Cities with Similar Populations
- Humacao, PR: higher priced homes
- Stillwater, MN: higher priced homes
- Springboro, OH: higher priced homes
- South Windsor, CT: higher priced homes
- South Portland, ME: higher priced homes
- South Pasadena, CA: higher priced homes
- South Laurel, MD: higher priced homes
- Shoreview, MN: higher priced homes
- Rosharon, TX: higher priced homes
- Ladera Ranch, CA: higher priced homes
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