With the world-famous Kentucky Derby, rolling bluegrass hills, bourbon trails and distillery excursions, historic websites, and the Pink River Gorge, Kentucky provides a wealth of highlights for anybody residing within the state. If Kentucky sounds just like the state for you, then you might also be inquisitive about what cities match into your finances. 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 finances – we’ve bought choices that can assist you discover a house or residence that does. Redfin has collected an inventory of the 5 of probably the most reasonably priced locations to reside in Kentucky. And so they all have a median house sale worth below the state’s common. From Hopkinsville to Covington, discover out which cities made the record.
#1: Owensboro
Median house worth: $192,250Average sale worth per sq. foot: $148 Common lease for a 1-bedroom residence: $894Median family earnings: $47,411 Nearest main metro: Evansville, IN (40 miles)Owensboro, KY houses for saleOwensboro, KY flats for lease
With a median house sale worth of $192,250, Owensboro claims the primary spot on our record of reasonably priced locations to reside in Kentucky. When residing on this metropolis of 60,200 folks, you possibly can go to the Western Kentucky Botanical Backyard, discover the Bluegrass Music Corridor of Fame & Museum, and take a look at downtown Owensboro.
#2: Covington
Median house worth: $216,000Average sale worth per sq. foot: $167Average lease for a 1-bedroom residence: $1,584Median family earnings: $47,917 Nearest main metro: Cincinnati, OH (2 miles)Covington, KY houses for saleCovington, KY flats for lease
Second is Covington the place about 40,400 residents presently reside. 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 Museum, take a look at the native retailers and eating places in downtown Covington, and take within the views of the Ohio River.
#3: Hopkinsville
Median house worth: $235,000Average sale worth per sq. foot: $134Median family earnings: $40,442 Nearest main metro: Bowling Inexperienced (60 miles)Hopkinsville, KY houses for saleHopkinsville, KY flats for lease
Kentucky’s third most reasonably priced metropolis to reside 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 can be a part of the Hopkinsville Greenway System, take a look at the downtown space, or discover Jeffers Bend Environmental Heart.
#4: Louisville
Median house worth: $248,500 Common sale worth per sq. foot: $161 Common lease for a 1-bedroom residence: $1,252Louisville, KY houses for saleLouisville, KY flats for lease
Solely barely dearer than Covington is Louisville, the subsequent metropolis on our record. With roughly 622,900 residents in Louisville, there are many superior points of interest to discover within the metropolis. For instance, you possibly can take a look at one of many museums just like the Louisville Slugger Museum & Manufacturing facility, the Kentucky Science Heart, the Previous 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: Common Louisville, KY, Neighborhoods to Stay in
#5: Florence
Median house worth: $250,500Average sale worth per sq. foot: $158Average lease for a 1-bedroom residence: $1,210Median family earnings: $67,352 Nearest main metro: Cincinnati (10 miles)Florence, KY houses for saleFlorence, KY flats for lease
The ultimate spot to make our record is Florence, positioned in northern Kentucky. Residence to about 32,900 residents, Florence is a good choice should you’re trying to be close to Cincinnati, because it’s solely about 10 miles northeast. Florence has loads to discover similar 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 ideal space should you journey ceaselessly.
Methodology: All cities should have over 30,000 residents per the US Census and have a median house sale worth below the common median house sale worth in Kentucky. Median house sale worth and median sale worth per sq. foot from the Redfin Knowledge Heart throughout April 2025. Common rental information from Lease.com April 2025. Inhabitants and median family earnings information sourced from the US Census Bureau.
