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Affordable
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These days, finding an affordable place to live in the Shrewsbury area can be challenging. Home prices in Shrewsbury are now at a median cost of $166,700, lower than the Kentucky average of $219,615.
The average cost of rent is $628/mo in Shrewsbury, primarily driven by the current value of real estate in the Shrewsbury area. In Shrewsbury, 21.13% of households rent, and 43.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shrewsbury is $3,677 per month. Households that rent pay about 17.08% of their income on rent here. Shrewsbury’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Millwood, KY: less expensive homes
- Leitchfield, KY: higher priced homes
- Caneyville, KY: less expensive homes
- Ready, KY: less expensive homes
- Anneta, KY: equally priced homes
- Sunfish, KY: equally priced homes
- Bee Spring, KY: equally priced homes
- Smithview, KY: less expensive homes
- Tilford, KY: less expensive homes
- Sweeden, KY: equally priced homes
Cities with Similar Populations
- Clarksville, IL: equally priced homes
- Catlett, GA: higher priced homes
- Center Junction, IA: higher priced homes
- Centerville, MS: higher priced homes
- Chalybeate, PA: higher priced homes
- Chillicothe, IA: higher priced homes
- Chulafinnee, AL: less expensive homes
- Circle Hill, OH: higher priced homes
- Circleville, WV: less expensive homes
- Clam River, MI: higher priced homes
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