The Most Affordable Neighborhoods in Spa, KY by Home Value

 

Spa, KY Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Spa area can be challenging. Home prices in Spa are now at a median cost of $127,415, lower than the Kentucky average of $164,895.

The average cost of rent is $696/mo in Spa, primarily driven by the current value of real estate in the Spa area. While nearly 59.54% of residents own their homes outright in Spa, 18.01% rent.

Housing affordability isn’t just about home prices, though. The average household income in Spa is $4,915 per month. Households that rent pay about 14.17% of their income on rent here. Spa's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.


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