The Most Affordable Neighborhoods in Wheatley, KY by Home Value

These days, finding an affordable place to live in the Wheatley area can be challenging. Home prices in Wheatley are now at a median cost of $75,800, lower than the Kentucky average of $219,615.

The average cost of rent is $813/mo in Wheatley, primarily driven by the current value of real estate in the Wheatley area. In Wheatley, 21.17% of households rent, and 70.66% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Wheatley is $1,948 per month. Households that rent pay about 41.73% of their income on rent here. Wheatley’s most expensive areas are in the eastern 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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