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These days, finding an affordable place to live in the St. Matthews area can be challenging. Home prices in St. Matthews are now at a median cost of $351,627, higher than the Kentucky average of $219,615.
The average cost of rent is $1,424/mo in St. Matthews, primarily driven by the current value of real estate in the St. Matthews area. In St. Matthews, 46.50% of households rent, and 42.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in St. Matthews is $7,097 per month. Households that rent pay about 20.06% of their income on rent here. St. Matthews’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Richlawn, KY: less expensive homes
- Beechwood Village, KY: equally priced homes
- Woodlawn Park, KY: equally priced homes
- Windy Hills, KY: higher priced homes
- Norwood, KY: equally priced homes
- Meadowview Estates, KY: less expensive homes
- Graymoor-Devondale, KY: equally priced homes
- St. Regis Park, KY: less expensive homes
- Rolling Fields, KY: higher priced homes
- Indian Hills, KY: higher priced homes
Cities with Similar Populations
- Cedar Mill, OR: higher priced homes
- Valle Vista, CA: equally priced homes
- Vinton, VA: less expensive homes
- Wallingford Center, CT: less expensive homes
- Walnut Grove, WA: higher priced homes
- Warwick, NY: higher priced homes
- Waterville, ME: less expensive homes
- Charlotte, MI: less expensive homes
- Chaparral, NM: less expensive homes
- Centralia, IL: less expensive homes
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