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These days, finding an affordable place to live in the Spring Grove area can be challenging. Home prices in Spring Grove are now at a median cost of $83,371, lower than the Kentucky average of $219,615.
The average cost of rent is $801/mo in Spring Grove, primarily driven by the current value of real estate in the Spring Grove area. In Spring Grove, 12.25% of households rent, and 58.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spring Grove is $5,523 per month. Households that rent pay about 14.51% of their income on rent here. Spring Grove’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Grove Center, KY: higher priced homes
- Old Shawneetown, IL: equally priced homes
- Henshaw, KY: equally priced homes
- Hitesville, KY: higher priced homes
- Morganfield, KY: higher priced homes
- Uniontown, KY: higher priced homes
- Shawneetown, IL: higher priced homes
- Flournoy, KY: higher priced homes
- Waverly, KY: higher priced homes
- Junction, IL: equally priced homes
Cities with Similar Populations
- Marysvale, UT: higher priced homes
- Maple Grove, WI: higher priced homes
- Maplehurst, NY: higher priced homes
- Maplesville, KY: equally priced homes
- Mapleton, WI: higher priced homes
- Marble Canyon, AZ: higher priced homes
- Marenisco, MI: higher priced homes
- Marshallberg, NC: higher priced homes
- Martin, NH: higher priced homes
- Maryland Point, MD: higher priced homes
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