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These days, finding an affordable place to live in the Olympia area can be challenging. Home prices in Olympia are now at a median cost of $144,986, lower than the Kentucky average of $219,615.
The average cost of rent is $692/mo in Olympia, primarily driven by the current value of real estate in the Olympia area. In Olympia, 24.12% of households rent, and 40.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Olympia is $4,680 per month. Households that rent pay about 14.79% of their income on rent here. Olympia’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Olympia Springs, KY: higher priced homes
- Preston, KY: less expensive homes
- Owingsville, KY: less expensive homes
- Polksville, KY: higher priced homes
- Slate Valley, KY: less expensive homes
- Hope, KY: equally priced homes
- Sudith, KY: equally priced homes
- Salt Lick, KY: higher priced homes
- Stepstone, KY: less expensive homes
- Means, KY: less expensive homes
Cities with Similar Populations
- Lombard, WI: higher priced homes
- Segars, SC: higher priced homes
- Scottsboro, GA: less expensive homes
- Scott, OH: equally priced homes
- Scipio, OK: higher priced homes
- Schellville, CA: higher priced homes
- Savoy, MA: higher priced homes
- Lovely, KY: less expensive homes
- Lotsee, OK: higher priced homes
- Lone Hill, MO: higher priced homes
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