The Most Affordable Neighborhoods in Salt Lick, KY by Home Value

 

Salt Lick, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Salt Lick area can be challenging. Home prices in Salt Lick are now at a median cost of $95,345, lower than the Kentucky average of $164,895.

The average cost of rent is $652/mo in Salt Lick, primarily driven by the current value of real estate in the Salt Lick area. While nearly 49.93% of residents own their homes outright in Salt Lick, 13.76% rent.

Housing affordability isn’t just about home prices, though. The average household income in Salt Lick is $4,207 per month. Households that rent pay about 15.50% of their income on rent here. Salt Lick's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.


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