The Most Affordable Neighborhoods in Powderly, KY by Home Value

These days, finding an affordable place to live in the Powderly area can be challenging. Home prices in Powderly are now at a median cost of $116,703, lower than the Kentucky average of $219,615.

The average cost of rent is $620/mo in Powderly, primarily driven by the current value of real estate in the Powderly area. In Powderly, 15.98% of households rent, and 64.51% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Powderly is $4,751 per month. Households that rent pay about 13.06% of their income on rent here. Powderly’s most expensive areas are in the southeastern 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.

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