The Most Affordable Neighborhoods in Nelson County, KY by Home Value

 

Nelson County, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Nelson County area can be challenging. Home prices in Nelson County are now at a median cost of $240,089, higher than the Kentucky average of $219,615.

The average cost of rent is $974/mo in Nelson County, primarily driven by the current value of real estate in the Nelson County area. In Nelson County, 21.67% of households rent, and 40.31% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Nelson County is $6,087 per month. Households that rent pay about 15.99% of their income on rent here. Nelson County’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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