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These days, finding an affordable place to live in the Pendleton area can be challenging. Home prices in Pendleton are now at a median cost of $278,246, higher than the Kentucky average of $219,615.
The average cost of rent is $1,169/mo in Pendleton, primarily driven by the current value of real estate in the Pendleton area. In Pendleton, 13.36% of households rent, and 47.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pendleton is $6,477 per month. Households that rent pay about 18.05% of their income on rent here. Pendleton’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sligo, KY: less expensive homes
- Sulphur, KY: less expensive homes
- Wises Landing, KY: less expensive homes
- Westport, KY: higher priced homes
- La Grange, KY: higher priced homes
- Smithfield, KY: higher priced homes
- Mount Pleasant, KY: less expensive homes
- Campbellsburg, KY: less expensive homes
- Port Royal, KY: less expensive homes
- Bedford, KY: less expensive homes
Cities with Similar Populations
- Kiona, WA: higher priced homes
- St. Mary, KY: less expensive homes
- St. Jo, TX: less expensive homes
- Springfield, TX: less expensive homes
- Sperryville, VA: higher priced homes
- Slanesville, WV: less expensive homes
- Shoreham, VT: higher priced homes
- Shokan, NY: higher priced homes
- Noonday, TX: equally priced homes
- Lott, TX: less expensive homes
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