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These days, finding an affordable place to live in the Olin area can be challenging. Home prices in Olin are now at a median cost of $85,319, lower than the Kentucky average of $219,615.
The average cost of rent is $1,059/mo in Olin, primarily driven by the current value of real estate in the Olin area. In Olin, 16.70% of households rent, and 41.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Olin is $4,895 per month. Households that rent pay about 21.63% of their income on rent here. Olin’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gray Hawk, KY: higher priced homes
- Bond, KY: less expensive homes
- Annville, KY: higher priced homes
- Dabolt, KY: higher priced homes
- Tyner, KY: higher priced homes
- Moores Creek, KY: higher priced homes
- Hurley, KY: higher priced homes
- Eberle, KY: less expensive homes
- Maulden, KY: higher priced homes
- McKee, KY: higher priced homes
Cities with Similar Populations
- Lomax, IL: higher priced homes
- Rio Rico, TX: less expensive homes
- Menno, PA: higher priced homes
- Marblemount, WA: higher priced homes
- Marble, PA: higher priced homes
- Marathon, TX: higher priced homes
- Madisonville, NJ: higher priced homes
- Lyon Station, PA: higher priced homes
- Lycippus, PA: higher priced homes
- Lucerne, OH: higher priced homes
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