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Affordable
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These days, finding an affordable place to live in the Rheber area can be challenging. Home prices in Rheber are now at a median cost of $172,900, lower than the Kentucky average of $219,615.
The average cost of rent is $788/mo in Rheber, primarily driven by the current value of real estate in the Rheber area. In Rheber, 38.57% of households rent, and 53.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rheber is $2,779 per month. Households that rent pay about 28.35% of their income on rent here. Rheber’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
- Dunnville, KY: equally priced homes
- Creston, KY: less expensive homes
- Pricetown, KY: less expensive homes
- Eunice, KY: less expensive homes
- Clementsville, KY: less expensive homes
- Liberty, KY: less expensive homes
- Labascus, KY: less expensive homes
- Casey Creek, KY: less expensive homes
- Webbs Cross Roads, KY: less expensive homes
- Gilpin, KY: less expensive homes
Cities with Similar Populations
- Ojito, NM: less expensive homes
- Omo Ranch, CA: higher priced homes
- Olyphant, AR: less expensive homes
- Olney, KY: equally priced homes
- Old Pearl, IL: less expensive homes
- Old House, SC: higher priced homes
- Old Damascus, GA: less expensive homes
- Old Burleson, AL: less expensive homes
- Ojo Sarco, NM: higher priced homes
- Opal, WY: higher priced homes
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