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These days, finding an affordable place to live in the Rex area can be challenging. Home prices in Rex are now at a median cost of $179,900, lower than the Kentucky average of $219,615.
The average cost of rent is $546/mo in Rex, primarily driven by the current value of real estate in the Rex area. In Rex, 0.00% of households rent, and 50.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rex is $4,896 per month. Households that rent pay about 11.15% of their income on rent here. Rex’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Uno, KY: less expensive homes
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Cities with Similar Populations
- Odell, TX: less expensive homes
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- Oil City, WI: higher priced homes
- Odgen, IL: less expensive homes
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