With the world-famous Kentucky Derby, rolling bluegrass hills, bourbon trails and distillery excursions, historic websites, and the Crimson River Gorge, Kentucky gives a wealth of highlights for anybody dwelling within the state. If Kentucky sounds just like the state for you, then you may additionally be inquisitive about what cities match into your funds. For instance, the median house sale worth in Kentucky is $263,400 as of April.
Don’t fear if that worth doesn’t slot in your funds – we’ve received choices that can assist you discover a house or house that does. Redfin has collected a listing of the 5 of probably the most reasonably priced locations to stay in Kentucky. And so they all have a median house sale worth underneath the state’s common. From Hopkinsville to Covingtondiscover out which cities made the checklist.
#1: Owensboro
Median house worth: $192,250
Common sale worth per sq. foot: $148
Common lease for a 1-bedroom house: $894
Median family earnings: $47,411
Nearest main metro: Evansville, IN (40 miles)
Owensboro, KY properties on the market
Owensboro, KY flats for lease
With a median house sale worth of $192,250, Owensboro claims the primary spot on our checklist of reasonably priced locations to stay in Kentucky. When dwelling on this metropolis of 60,200 folks, you possibly can go to the Western Kentucky Botanical Backyard, discover the Bluegrass Music Corridor of Fame & Museumand take a look at downtown Owensboro.
#2: Covington
Median house worth: $216,000
Common sale worth per sq. foot: $167
Common lease for a 1-bedroom house: $1,584
Median family earnings: $47,917
Nearest main metro: Cincinnati, OH (2 miles)
Covington, KY properties on the market
Covington, KY flats for lease
Second is Covington the place about 40,400 residents at present stay. The median house sale worth is $216,000 which is about $45K lower than the median house sale worth in Kentucky. If you end up shifting right here, discover Devou Park the place you’ll discover a scenic overlook, trails, and the Behringer-Crawford Museumtry the native outlets and eating places in downtown Covington, and take within the views of the Ohio River.
#3: Hopkinsville
Median house worth: $235,000
Common sale worth per sq. foot: $134
Median family earnings: $40,442
Nearest main metro: Bowling Inexperienced (60 miles)
Hopkinsville, KY properties on the market
Hopkinsville, KY flats for lease
Kentucky’s third most reasonably priced metropolis to stay in is Hopkinsville. About 60 miles away from Bowling Inexperienced, the closest main metro, Hopkinsville is house to roughly 31,000 folks. Dwelling in Hopkinsville, you possibly can stroll alongside one of many trails which might be a part of the Hopkinsville Greenway System, try the downtown space, or discover Jeffers Bend Environmental Middle.
#4: Louisville
Median house worth: $248,500
Common sale worth per sq. foot: $161
Common lease for a 1-bedroom house: $1,252
Louisville, KY properties on the market
Louisville, KY flats for lease
Solely barely costlier than Covington is Louisville, the subsequent metropolis on our checklist. With roughly 622,900 residents in Louisville, there are many superior sights to discover within the metropolis. For instance, you possibly can try one of many museums just like the Louisville Slugger Museum & Manufacturing unitthe Kentucky Science Middlethe Outdated Forester Distilling Co.and the Conrad-Caldwell Home Museum. You may as well stroll alongside the Louisville Riverwalk, discover the picturesque Jefferson Memorial Forest, or see a present at Louisville Palace Theatre.
> Learn: Fashionable Louisville, KY, Neighborhoods to Stay in
#5: Florence
Median house worth: $250,500
Common sale worth per sq. foot: $158
Common lease for a 1-bedroom house: $1,210
Median family earnings: $67,352
Nearest main metro: Cincinnati (10 miles)
Florence, KY properties on the market
Florence, KY flats for lease
The ultimate spot to make our checklist is Florence, positioned in northern Kentucky. Dwelling to about 32,900 residents, Florence is a good choice if you happen to’re seeking to be close to Cincinnati, because it’s solely about 10 miles northeast. Florence has loads to discover corresponding to South Fork Park, Turfway Park Racing & Gaming, and all of the native eating places. The town is near Cincinnati/Northern Kentucky Worldwide Airport, making it an excellent space if you happen to journey regularly.
Methodology: All cities should have over 30,000 residents per the US Census and have a median house sale worth underneath the common median house sale worth in Kentucky. Median house sale worth and median sale worth per sq. foot from the Redfin Information Middle throughout April 2025. Common rental knowledge from Lease.com April 2025. Inhabitants and median family earnings knowledge sourced from the United States Census Bureau.
