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Affordable
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These days, finding an affordable place to live in the Peaks Mill area can be challenging. Home prices in Peaks Mill are now at a median cost of $224,199, higher than the Kentucky average of $219,615.
The average cost of rent is $822/mo in Peaks Mill, primarily driven by the current value of real estate in the Peaks Mill area. In Peaks Mill, 16.67% of households rent, and 49.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Peaks Mill is $4,922 per month. Households that rent pay about 16.70% of their income on rent here. Peaks Mill’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Elsinore, KY: equally priced homes
- Swallowfield, KY: less expensive homes
- Watkinsville, KY: equally priced homes
- Stamping Ground, KY: higher priced homes
- Woodlake, KY: higher priced homes
- New, KY: less expensive homes
- White Sulphur, KY: higher priced homes
- Orville, KY: less expensive homes
- Frankfort, KY: equally priced homes
- Skinnersburg, KY: equally priced homes
Cities with Similar Populations
- West Farmington, ME: equally priced homes
- Georgetown, NY: less expensive homes
- Given, WV: less expensive homes
- Givens, OH: less expensive homes
- Gladstone, ND: higher priced homes
- Glen Raven, NC: less expensive homes
- Glenada, OR: higher priced homes
- Gnaw Bone, IN: higher priced homes
- Good Hope, IL: less expensive homes
- Goodfield, TN: less expensive homes
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