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Affordable
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These days, finding an affordable place to live in the Tolu area can be challenging. Home prices in Tolu are now at a median cost of $113,200, lower than the Kentucky average of $219,615.
The average cost of rent is $725/mo in Tolu, primarily driven by the current value of real estate in the Tolu area. In Tolu, 8.37% of households rent, and 57.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tolu is $3,722 per month. Households that rent pay about 19.48% of their income on rent here. Tolu’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
- Sheridan, KY: equally priced homes
- Elizabethtown, IL: less expensive homes
- Peters Creek, IL: less expensive homes
- Rosiclare, IL: less expensive homes
- Carrsville, KY: less expensive homes
- Cave In Rock, IL: higher priced homes
- Lola, KY: less expensive homes
- Humm Wye, IL: higher priced homes
- Gross, IL: equally priced homes
- Rock Creek, IL: higher priced homes
Cities with Similar Populations
- Diana, WV: less expensive homes
- Crutchfield, KY: higher priced homes
- Cruz Calle, TX: higher priced homes
- Zone, OH: higher priced homes
- Cuba, IN: higher priced homes
- Cuba, ND: higher priced homes
- Cummings, ND: higher priced homes
- Curlew, IA: higher priced homes
- Curtiston, AL: higher priced homes
- Cuzzart, WV: higher priced homes
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