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Affordable
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These days, finding an affordable place to live in the Riverwood area can be challenging. Home prices in Riverwood are now at a median cost of $736,000, higher than the Kentucky average of $219,615.
The average cost of rent is $1,154/mo in Riverwood, primarily driven by the current value of real estate in the Riverwood area. In Riverwood, 0.92% of households rent, and 42.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Riverwood is $18,705 per month. Households that rent pay about 6.17% of their income on rent here. Riverwood’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
- Indian Hills, KY: less expensive homes
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- St. Matthews, KY: less expensive homes
- Graymoor-Devondale, KY: less expensive homes
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Cities with Similar Populations
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- Johnson, NY: less expensive homes
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