The Most Affordable Neighborhoods in Southville, KY by Home Value

 

Southville, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Southville area can be challenging. Home prices in Southville are now at a median cost of $240,968, higher than the Kentucky average of $164,895.

The average cost of rent is $863/mo in Southville, primarily driven by the current value of real estate in the Southville area. While nearly 43.22% of residents own their homes outright in Southville, 18.71% rent.

Housing affordability isn’t just about home prices, though. The average household income in Southville is $6,679 per month. Households that rent pay about 12.93% of their income on rent here. Southville's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.


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