The Most Affordable Neighborhoods in Prestonsburg, KY by Home Value

 

Prestonsburg, KY Map of Most Affordable Neighborhoods
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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 $115,187, lower than the Kentucky average of $164,895.

The average cost of rent is $680/mo in Prestonsburg, primarily driven by the current value of real estate in the Prestonsburg area. While nearly 57.42% of residents own their homes outright in Prestonsburg, 28.45% rent.

Housing affordability isn’t just about home prices, though. The average household income in Prestonsburg is $3,437 per month. Households that rent pay about 19.80% of their income on rent here. Prestonsburg's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.


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