The Most Affordable Neighborhoods in Saloma, KY by Home Value

 

Saloma, KY Map of Most Affordable Neighborhoods
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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 $152,661, lower than the Kentucky average of $164,895.

The average cost of rent is $665/mo in Saloma, primarily driven by the current value of real estate in the Saloma area. While nearly 54.05% of residents own their homes outright in Saloma, 8.77% rent.

Housing affordability isn’t just about home prices, though. The average household income in Saloma is $4,963 per month. Households that rent pay about 13.41% of their income on rent here. Saloma's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.


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