Expensive
Affordable
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These days, finding an affordable place to live in the Nelson area can be challenging. Home prices in Nelson are now at a median cost of $107,100, lower than the Kentucky average of $219,615.
The average cost of rent is $679/mo in Nelson, primarily driven by the current value of real estate in the Nelson area. In Nelson, 24.69% of households rent, and 64.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nelson is $2,833 per month. Households that rent pay about 23.96% of their income on rent here. Nelson’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Martwick, KY: equally priced homes
- Wells, KY: higher priced homes
- Rockport, KY: higher priced homes
- Central City, KY: higher priced homes
- South Carrollton, KY: higher priced homes
- Moorman, KY: higher priced homes
- Scottown, KY: higher priced homes
- Echols, KY: higher priced homes
- Cleaton, KY: equally priced homes
- Centertown, KY: less expensive homes
Cities with Similar Populations
- Fruit Hill, KY: higher priced homes
- Sutherland, KY: higher priced homes
- Surf, CA: higher priced homes
- Sunset Beach, MI: higher priced homes
- Sunnyland, OH: higher priced homes
- Sunnydale, AR: higher priced homes
- Sunnybrook, CA: higher priced homes
- Sunlight, WV: higher priced homes
- Summerfield, KS: equally priced homes
- Stumpy Point, NC: higher priced homes
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