The Most Affordable Neighborhoods in South Portsmouth, KY by Home Value

 

South Portsmouth, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the South Portsmouth area can be challenging. Home prices in South Portsmouth are now at a median cost of $102,937, lower than the Kentucky average of $164,895.

The average cost of rent is $606/mo in South Portsmouth, primarily driven by the current value of real estate in the South Portsmouth area. While nearly 57.30% of residents own their homes outright in South Portsmouth, 19.82% rent.

Housing affordability isn’t just about home prices, though. The average household income in South Portsmouth is $4,880 per month. Households that rent pay about 12.42% of their income on rent here. South Portsmouth's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.


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