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Affordable
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These days, finding an affordable place to live in the Spring Valley area can be challenging. Home prices in Spring Valley are now at a median cost of $409,000, higher than the Kentucky average of $219,615.
The average cost of rent is $1,619/mo in Spring Valley, primarily driven by the current value of real estate in the Spring Valley area. In Spring Valley, 1.59% of households rent, and 32.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spring Valley is $11,563 per month. Households that rent pay about 14.00% of their income on rent here. Spring Valley’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Barbourmeade, KY: equally priced homes
- Brownsboro Farm, KY: equally priced homes
- Green Spring, KY: higher priced homes
- Plantation, KY: less expensive homes
- Ten Broeck, KY: higher priced homes
- Northfield, KY: higher priced homes
- Langdon Place, KY: less expensive homes
- Graymoor-Devondale, KY: less expensive homes
- Rolling Hills, KY: less expensive homes
- Glenview, KY: higher priced homes
Cities with Similar Populations
- Lost Nation, IA: less expensive homes
- Rowena, MO: less expensive homes
- Rose Valley, WA: equally priced homes
- Rose Hill, MS: less expensive homes
- Roaring Branch, PA: less expensive homes
- Richland, TX: less expensive homes
- Mc Intosh, NM: less expensive homes
- Manassas, GA: less expensive homes
- Adirondack, NY: less expensive homes
- Lucerne, IN: less expensive homes
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