The Most Affordable Neighborhoods in Phyllis, KY by Home Value

These days, finding an affordable place to live in the Phyllis area can be challenging. Home prices in Phyllis are now at a median cost of $78,277, lower than the Kentucky average of $219,615.

The average cost of rent is $656/mo in Phyllis, primarily driven by the current value of real estate in the Phyllis area. In Phyllis, 12.06% of households rent, and 70.77% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Phyllis is $2,780 per month. Households that rent pay about 23.60% of their income on rent here. Phyllis’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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