Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Payne Gap area can be challenging. Home prices in Payne Gap are now at a median cost of $64,969, lower than the Kentucky average of $164,895.
The average cost of rent is $454/mo in Payne Gap, primarily driven by the current value of real estate in the Payne Gap area. While nearly 65.03% of residents own their homes outright in Payne Gap, 25.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Payne Gap is $2,798 per month. Households that rent pay about 16.22% of their income on rent here. Payne Gap's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Jenkins, KY: equally priced homes
- Cromona, KY: less expensive homes
- Burdine, KY: less expensive homes
- Fleming-Neon, KY: less expensive homes
- Neon, KY: less expensive homes
- Seco, KY: less expensive homes
- Mc Roberts, KY: less expensive homes
- Jackhorn, KY: less expensive homes
- Pound, VA: higher priced homes
- Millstone, KY: less expensive homes
Cities with Similar Populations
- South Cairo, NY: higher priced homes
- Hilltop, MN: less expensive homes
- Huffer, GA: higher priced homes
- Irma, WI: higher priced homes
- Shafter, IL: higher priced homes
- Sherman, MS: higher priced homes
- Silver Creek, WA: higher priced homes
- Skyline, AL: higher priced homes
- Smelterville, ID: higher priced homes
- Soper, OK: higher priced homes
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