Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Petersburg area can be challenging. Home prices in Petersburg are now at a median cost of $250,838, higher than the Kentucky average of $164,895.
The average cost of rent is $1,048/mo in Petersburg, primarily driven by the current value of real estate in the Petersburg area. While nearly 37.20% of residents own their homes outright in Petersburg, 7.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Petersburg is $8,234 per month. Households that rent pay about 12.72% of their income on rent here. Petersburg's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Oldtown, IN: less expensive homes
- Greendale, IN: less expensive homes
- Aurora, IN: less expensive homes
- Hebron, KY: equally priced homes
- Burlington, KY: less expensive homes
- Hartford, IN: less expensive homes
- Lawrenceburg, IN: less expensive homes
- Constance, KY: less expensive homes
- Rabbit Hash, KY: equally priced homes
- North Bend, OH: less expensive homes
Cities with Similar Populations
- Greenfield, MO: less expensive homes
- Howards Mill, KY: less expensive homes
- Hope, ME: equally priced homes
- Home, PA: less expensive homes
- Hollybrook, LA: less expensive homes
- Hickory, LA: less expensive homes
- Hereford, AZ: less expensive homes
- Hebron, NE: less expensive homes
- Harmony, MN: less expensive homes
- Udall, KS: less expensive homes
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