Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Nichols area can be challenging. Home prices in Nichols are now at a median cost of $91,100, lower than the Kentucky average of $164,895.
The average cost of rent is $531/mo in Nichols, primarily driven by the current value of real estate in the Nichols area. While nearly 63.64% of residents own their homes outright in Nichols, 22.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Nichols is $3,392 per month. Households that rent pay about 15.66% of their income on rent here. Nichols's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- New Cypress, KY: equally priced homes
- Fulgham, KY: equally priced homes
- Clinton, KY: equally priced homes
- Spring Hill, KY: equally priced homes
- Dublin, KY: higher priced homes
- Crutchfield, KY: higher priced homes
- Fancy Farm, KY: higher priced homes
- Wingo, KY: equally priced homes
- Oakton, KY: less expensive homes
- Pryorsburg, KY: higher priced homes
Cities with Similar Populations
- Grassy Meadows, WV: higher priced homes
- Whitman, NY: higher priced homes
- Whitman, WY: higher priced homes
- Whitton, AR: less expensive homes
- Whon, TX: higher priced homes
- Hail, KY: less expensive homes
- Wilbur, KY: less expensive homes
- Wilderness, VA: higher priced homes
- Gulrock, NC: less expensive homes
- Griffiths, PA: equally priced homes
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