The Most Affordable Neighborhoods in Smiths Grove, KY by Home Value

 

Smiths Grove, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Smiths Grove area can be challenging. Home prices in Smiths Grove are now at a median cost of $193,074, lower than the Kentucky average of $219,615.

The average cost of rent is $851/mo in Smiths Grove, primarily driven by the current value of real estate in the Smiths Grove area. In Smiths Grove, 18.45% of households rent, and 37.72% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Smiths Grove is $5,821 per month. Households that rent pay about 14.63% of their income on rent here. Smiths Grove’s most expensive areas are in the southwestern 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.


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