The Most Affordable Neighborhoods in Olmstead, KY by Home Value

 

Olmstead, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Olmstead area can be challenging. Home prices in Olmstead are now at a median cost of $136,942, lower than the Kentucky average of $164,895.

The average cost of rent is $678/mo in Olmstead, primarily driven by the current value of real estate in the Olmstead area. While nearly 42.78% of residents own their homes outright in Olmstead, 23.33% rent.

Housing affordability isn’t just about home prices, though. The average household income in Olmstead is $4,543 per month. Households that rent pay about 14.92% of their income on rent here. Olmstead's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.


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