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These days, finding an affordable place to live in the Prestonsburg area can be challenging. Home prices in Prestonsburg are now at a median cost of $133,975, lower than the Kentucky average of $219,615.
The average cost of rent is $709/mo in Prestonsburg, primarily driven by the current value of real estate in the Prestonsburg area. In Prestonsburg, 30.64% of households rent, and 56.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Prestonsburg is $3,580 per month. Households that rent pay about 19.82% of their income on rent here. Prestonsburg’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dwale, KY: less expensive homes
- Lancer, KY: less expensive homes
- Allen, KY: less expensive homes
- Auxier, KY: less expensive homes
- Blue River, KY: less expensive homes
- East Point, KY: higher priced homes
- Endicott, KY: less expensive homes
- Martin, KY: less expensive homes
- Van Lear, KY: higher priced homes
- David, KY: less expensive homes
Cities with Similar Populations
- Weldon Spring, MO: higher priced homes
- Chester, NJ: higher priced homes
- Cheviot, OH: higher priced homes
- Chittenango, NY: higher priced homes
- Chuckey, TN: higher priced homes
- Clarence Center, NY: higher priced homes
- Clinton, IL: equally priced homes
- Warrenville, SC: higher priced homes
- Watchung, NJ: higher priced homes
- Waterville, OH: higher priced homes
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