
Expensive
Colorblind friendly
off
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 $191,512, lower than the Kentucky average of $219,615.
The average cost of rent is $902/mo in Murray, primarily driven by the current value of real estate in the Murray area. In Murray, 42.37% of households rent, and 53.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Murray is $4,596 per month. Households that rent pay about 19.63% of their income on rent here. Murray’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: less expensive homes
- Dexter, KY: less expensive homes
- Golo, KY: less expensive homes
- Faxon, KY: less expensive homes
Cities with Similar Populations
- Humacao, PR: less expensive 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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