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These days, finding an affordable place to live in the Saloma area can be challenging. Home prices in Saloma are now at a median cost of $195,422, lower than the Kentucky average of $219,615.
The average cost of rent is $729/mo in Saloma, primarily driven by the current value of real estate in the Saloma area. In Saloma, 5.68% of households rent, and 42.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Saloma is $5,740 per month. Households that rent pay about 12.70% of their income on rent here. Saloma’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Spurlington, KY: less expensive homes
- Bengal, KY: less expensive homes
- St. Joseph, KY: equally priced homes
- Campbellsville, KY: equally priced homes
- Mac, KY: less expensive homes
- Raywick, KY: less expensive homes
- Phillipsburg, KY: equally priced homes
- St. Mary, KY: less expensive homes
- Atchison, KY: equally priced homes
- Mannsville, KY: less expensive homes
Cities with Similar Populations
- Cheraw, CO: equally priced homes
- Sylvan Grove, KS: less expensive homes
- Summerfield, TX: less expensive homes
- Congress, OH: higher priced homes
- Columbia Falls, ME: less expensive homes
- Clitherall, MN: higher priced homes
- Clearview, OK: less expensive homes
- Clay, WV: less expensive homes
- Clarence, LA: less expensive homes
- Clam Gulch, AK: higher priced homes
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