Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Preston area can be challenging. Home prices in Preston are now at a median cost of $117,900, lower than the Kentucky average of $164,895.
The average cost of rent is $541/mo in Preston, primarily driven by the current value of real estate in the Preston area. While nearly 24.08% of residents own their homes outright in Preston, 32.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in Preston is $4,451 per month. Households that rent pay about 12.16% of their income on rent here. Preston's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Olympia, KY: equally priced homes
- Stepstone, KY: equally priced homes
- Hope, KY: less expensive homes
- Owingsville, KY: less expensive homes
- Olympia Springs, KY: less expensive homes
- Slate Valley, KY: less expensive homes
- Howards Mill, KY: higher priced homes
- Lucky Stop, KY: less expensive homes
- Sudith, KY: less expensive homes
- Polksville, KY: less expensive homes
Cities with Similar Populations
- Altamont, WY: higher priced homes
- Anegam, AZ: less expensive homes
- Pick City, ND: higher priced homes
- Park Rapids, WA: higher priced homes
- Parkertown, OH: higher priced homes
- Parkview, NE: less expensive homes
- Patch Grove, WI: higher priced homes
- Patten, GA: equally priced homes
- Paul Smiths, NY: higher priced homes
- Pearson, OK: equally priced homes
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