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Affordable
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These days, finding an affordable place to live in the Summer Shade area can be challenging. Home prices in Summer Shade are now at a median cost of $136,668, lower than the Kentucky average of $219,615.
The average cost of rent is $644/mo in Summer Shade, primarily driven by the current value of real estate in the Summer Shade area. In Summer Shade, 18.52% of households rent, and 49.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Summer Shade is $4,701 per month. Households that rent pay about 13.71% of their income on rent here. Summer Shade’s most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eighty Eight, KY: higher priced homes
- Beaumont, KY: less expensive homes
- Randolph, KY: higher priced homes
- Nobob, KY: higher priced homes
- Kino, KY: higher priced homes
- Sulphur Lick, KY: higher priced homes
- Willow Shade, KY: less expensive homes
- Temple Hill, KY: higher priced homes
- Edmonton, KY: less expensive homes
- Mount Hermon, KY: higher priced homes
Cities with Similar Populations
- Silver Creek, MN: higher priced homes
- Duncan Falls, OH: higher priced homes
- Evadale, TX: equally priced homes
- Gassaway, WV: less expensive homes
- Gladys, VA: higher priced homes
- Glasford, IL: higher priced homes
- Glen Lyon, PA: less expensive homes
- Glen, MS: equally priced homes
- Maud, TX: higher priced homes
- Silver Bay, MN: higher priced homes
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