Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palmer area can be challenging. Home prices in Palmer are now at a median cost of $132,215, lower than the Kentucky average of $164,895.
The average cost of rent is $802/mo in Palmer, primarily driven by the current value of real estate in the Palmer area. While nearly 40.78% of residents own their homes outright in Palmer, 18.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palmer is $2,854 per month. Households that rent pay about 28.10% of their income on rent here. Palmer's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Hargett, KY: equally priced homes
- College Hill, KY: less expensive homes
- Doylesville, KY: equally priced homes
- Fox, KY: equally priced homes
- Trapp, KY: higher priced homes
- Log Lick, KY: higher priced homes
- Bloomingdale, KY: higher priced homes
- Union City, KY: higher priced homes
- Ruckerville, KY: higher priced homes
- Winston, KY: less expensive homes
Cities with Similar Populations
- Kirksey, SC: less expensive homes
- San Geronimo, CA: higher priced homes
- Lawrenceburg, MO: higher priced homes
- Lawrence, NC: less expensive homes
- Laurelwood, OR: higher priced homes
- Lamar Heights, MO: less expensive homes
- Lake Pleasant, MA: higher priced homes
- Lake Desolation, NY: higher priced homes
- Ladoga, WI: higher priced homes
- Laceola, TX: higher priced homes
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