Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rella area can be challenging. Home prices in Rella are now at a median cost of $71,026, lower than the Kentucky average of $164,895.
The average cost of rent is $607/mo in Rella, primarily driven by the current value of real estate in the Rella area. While nearly 73.95% of residents own their homes outright in Rella, 32.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rella is $2,957 per month. Households that rent pay about 20.53% of their income on rent here. Rella's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Arjay, KY: higher priced homes
- Cary, KY: higher priced homes
- Kettle Island, KY: less expensive homes
- Ivy Grove, KY: less expensive homes
- Callaway, KY: equally priced homes
- Mills, KY: equally priced homes
- Walker, KY: less expensive homes
- Pineville, KY: equally priced homes
- Calvin, KY: less expensive homes
- Fourmile, KY: less expensive homes
Cities with Similar Populations
- Ringold, OK: higher priced homes
- Quaker, KS: higher priced homes
- Rapson, MI: higher priced homes
- Red Cliff, CO: higher priced homes
- Redfield, NY: higher priced homes
- Regent, ND: higher priced homes
- Relampago, TX: equally priced homes
- Revere, MO: higher priced homes
- Reynoldsdale, PA: higher priced homes
- Reynoldsville, WV: higher priced homes
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