Melbourne, KY Housing

A+
25%
Med. Home Val. NAT. AVG.
54%
Rent NAT. AVG.
42%
Owner Occ. NAT. AVG.
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Melbourne Housing Information

IndexMelbourneKentuckyNational
Median home price$138,200$126,100$184,700
Median rent asked$435$690$949
Avg. people per household2.52.52.6
Owner occupied households90.2%66.8%63.6%
Renter occupied households9.8%33.2%36.4%
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Housing Quick Facts

  • The median home price in Melbourne is 25% lower than the national average.
  • The median rent asked in Melbourne is 54% lower than the national average.
  • The average number of people per household in Melbourne is 4% lower than the national average.
  • The number of owner occupied households in Melbourne is 42% higher than the national average.
  • The number of renter occupied households in Melbourne is 73% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Plainville, OH153$0100%
      Elmwood Place, OH2,071$51,80072%
      Dillonvale village, OH645$56,90069%
      Arlington Heights, OH827$69,40062%
      Lincoln Heights, OH3,359$70,40062%
      Melbourne, KY614$138,20025%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Hopeland, PA614$162,70012%
      Amboy, MN614$90,80051%
      La Crosse, VA614$88,00052%
      White Haven, MT614$98,30047%
      Paul Smiths, NY614$0100%
      Melbourne, KY614$138,20025%
      Source: The Melbourne, KY housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).
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