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

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These days, finding an affordable place to live in the Nicholas County area can be challenging. Home prices in Nicholas County are now at a median cost of $93,408, lower than the Kentucky average of $164,895.

The average cost of rent is $699/mo in Nicholas County, primarily driven by the current value of real estate in the Nicholas County area. While nearly 51.90% of residents own their homes outright in Nicholas County, 27.60% rent.

Housing affordability isn’t just about home prices, though. The average household income in Nicholas County is $4,191 per month. Households that rent pay about 16.68% of their income on rent here. Nicholas County's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the county.

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