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These days, finding an affordable place to live in the Payneville area can be challenging. Home prices in Payneville are now at a median cost of $228,365, higher than the Kentucky average of $219,615.
The average cost of rent is $912/mo in Payneville, primarily driven by the current value of real estate in the Payneville area. In Payneville, 14.68% of households rent, and 43.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Payneville is $6,249 per month. Households that rent pay about 14.59% of their income on rent here. Payneville’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rhodelia, KY: less expensive homes
- Battletown, KY: equally priced homes
- Concordia, KY: equally priced homes
- Wolf Creek, KY: equally priced homes
- Union Star, KY: less expensive homes
- Webster, KY: less expensive homes
- Lodiburg, KY: less expensive homes
- Alton, IN: less expensive homes
- Mauckport, IN: less expensive homes
- Magnet, IN: less expensive homes
Cities with Similar Populations
- Dowell, MD: higher priced homes
- Thompson, MO: less expensive homes
- Thetford Center, VT: higher priced homes
- Sutton, AK: equally priced homes
- Emerson, NE: less expensive homes
- Ector, TX: less expensive homes
- Earth, TX: less expensive homes
- Eagle Bend, MN: less expensive homes
- Duboistown, PA: less expensive homes
- Thornton, KY: less expensive homes
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