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Affordable
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These days, finding an affordable place to live in the Park City area can be challenging. Home prices in Park City are now at a median cost of $149,624, lower than the Kentucky average of $219,615.
The average cost of rent is $871/mo in Park City, primarily driven by the current value of real estate in the Park City area. In Park City, 38.59% of households rent, and 39.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Park City is $3,742 per month. Households that rent pay about 23.27% of their income on rent here. Park City’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Stovall, KY: equally priced homes
- Merry Oaks, KY: equally priced homes
- Rocky Hill, KY: higher priced homes
- Highland Spring, KY: equally priced homes
- Oil City, KY: higher priced homes
- Smiths Grove, KY: higher priced homes
- Cave City, KY: higher priced homes
- Pritchardsville, KY: higher priced homes
- Glasgow, KY: higher priced homes
- Goodnight, KY: higher priced homes
Cities with Similar Populations
- Ararat, NC: higher priced homes
- Tiptonville, TN: less expensive homes
- Union, MI: higher priced homes
- Golden Meadow, LA: less expensive homes
- West Thornton, NH: higher priced homes
- Fayette, OH: less expensive homes
- Fairmont City, IL: less expensive homes
- East Brewton, AL: less expensive homes
- Earlville, NY: equally priced homes
- Douglass, TX: higher priced homes
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