Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Troy area can be challenging. Home prices in Troy are now at a median cost of $368,431, higher than the Kentucky average of $164,895.
The average cost of rent is $824/mo in Troy, primarily driven by the current value of real estate in the Troy area. While nearly 37.91% of residents own their homes outright in Troy, 11.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Troy is $9,025 per month. Households that rent pay about 9.13% of their income on rent here. Troy's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Keene, KY: higher priced homes
- Wilmore, KY: less expensive homes
- Nonesuch, KY: less expensive homes
- Nicholasville, KY: less expensive homes
- Mortonsville, KY: less expensive homes
- Union Mills, KY: less expensive homes
- Braxton, KY: less expensive homes
- Versailles, KY: less expensive homes
- Hall, KY: less expensive homes
- Salvisa, KY: less expensive homes
Cities with Similar Populations
- Andersonville, TN: less expensive homes
- Ashton, WV: less expensive homes
- Blain, PA: less expensive homes
- Big Creek, WV: less expensive homes
- Beaver, OR: less expensive homes
- Benkelman, NE: less expensive homes
- Pena Blanca, NM: less expensive homes
- Piney View, WV: less expensive homes
- Pecks Mill, WV: less expensive homes
- Payne Gap, KY: less expensive homes
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