The Most Affordable Neighborhoods in Pine Knot, KY by Home Value

 

Pine Knot, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Pine Knot area can be challenging. Home prices in Pine Knot are now at a median cost of $94,885, lower than the Kentucky average of $164,895.

The average cost of rent is $438/mo in Pine Knot, primarily driven by the current value of real estate in the Pine Knot area. While nearly 63.35% of residents own their homes outright in Pine Knot, 36.04% rent.

Housing affordability isn’t just about home prices, though. The average household income in Pine Knot is $3,419 per month. Households that rent pay about 12.81% of their income on rent here. Pine Knot's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.


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