The Most Affordable Neighborhoods in Wallonia, KY by Home Value

These days, finding an affordable place to live in the Wallonia area can be challenging. Home prices in Wallonia are now at a median cost of $162,565, lower than the Kentucky average of $219,615.

The average cost of rent is $873/mo in Wallonia, primarily driven by the current value of real estate in the Wallonia area. In Wallonia, 27.68% of households rent, and 53.95% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Wallonia is $4,293 per month. Households that rent pay about 20.34% of their income on rent here. Wallonia’s most expensive areas are in the northwestern 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.

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