The Most Affordable Neighborhoods in Sherwood Shores, KY by Home Value

 

Sherwood Shores, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Sherwood Shores area can be challenging. Home prices in Sherwood Shores are now at a median cost of $251,129, higher than the Kentucky average of $164,895.

The average cost of rent is $715/mo in Sherwood Shores, primarily driven by the current value of real estate in the Sherwood Shores area. While nearly 66.63% of residents own their homes outright in Sherwood Shores, 3.73% rent.

Housing affordability isn’t just about home prices, though. The average household income in Sherwood Shores is $4,077 per month. Households that rent pay about 17.54% of their income on rent here. Sherwood Shores's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.


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