Expensive
Affordable
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These days, finding an affordable place to live in the Sherman area can be challenging. Home prices in Sherman are now at a median cost of $231,250, higher than the Kentucky average of $219,615.
The average cost of rent is $844/mo in Sherman, primarily driven by the current value of real estate in the Sherman area. In Sherman, 37.98% of households rent, and 52.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sherman is $4,781 per month. Households that rent pay about 17.66% of their income on rent here. Sherman’s most expensive areas are in the northwestern 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
- Dry Ridge, KY: equally priced homes
- Knoxville, KY: higher priced homes
- Flingsville, KY: equally priced homes
- Mount Zion, KY: less expensive homes
- Crittenden, KY: higher priced homes
- Williamstown, KY: less expensive homes
- Stewartsville, KY: higher priced homes
- Heekin, KY: higher priced homes
- Folsom, KY: higher priced homes
- Zion Station, KY: less expensive homes
Cities with Similar Populations
- Delta, KY: less expensive homes
- Donaldson, WV: less expensive homes
- Dog Island Corner, ME: higher priced homes
- Dividing Creek, NJ: less expensive homes
- Disston, OR: higher priced homes
- Direct, TX: less expensive homes
- Dineharts, NY: less expensive homes
- Dillman, IN: equally priced homes
- Diamond, IN: less expensive homes
- Doniphan, KS: equally priced homes
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