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These days, finding an affordable place to live in the Rochester area can be challenging. Home prices in Rochester are now at a median cost of $83,000, lower than the Kentucky average of $219,615.
The average cost of rent is $825/mo in Rochester, primarily driven by the current value of real estate in the Rochester area. In Rochester, 4.88% of households rent, and 68.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rochester is $4,983 per month. Households that rent pay about 16.55% of their income on rent here. Rochester’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
- Huntsville, KY: higher priced homes
- South Hill, KY: equally priced homes
- Provo, KY: higher priced homes
- Silver City, KY: equally priced homes
- Dunbar, KY: higher priced homes
- Cool Springs, KY: higher priced homes
- Youngtown, KY: higher priced homes
- Logansport, KY: higher priced homes
- Leetown, KY: higher priced homes
- Nineteen, KY: higher priced homes
Cities with Similar Populations
- Jackson, NE: higher priced homes
- Russellville, GA: higher priced homes
- Rosemont, GA: higher priced homes
- Rosa, AL: higher priced homes
- Roosevelt, OK: higher priced homes
- Keller, WA: higher priced homes
- Kaupo, HI: higher priced homes
- Kattelville, NY: higher priced homes
- Kampsville, IL: higher priced homes
- Kamay, TX: higher priced homes
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