The Most Affordable Neighborhoods in Powell County, KY by Home Value

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These days, finding an affordable place to live in the Powell County area can be challenging. Home prices in Powell County are now at a median cost of $111,895, lower than the Kentucky average of $164,895.

The average cost of rent is $676/mo in Powell County, primarily driven by the current value of real estate in the Powell County area. While nearly 47.43% of residents own their homes outright in Powell County, 30.89% rent.

Housing affordability isn’t just about home prices, though. The average household income in Powell County is $3,728 per month. Households that rent pay about 18.13% of their income on rent here. Powell County's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the county.

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