Most Affordable Neighborhoods in Ashland - 2026 Data
The median home value in Ashland is $121,600, 57% below nat'l avg. Median rent is $817/month. With an affordability index of 146, Ashland is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Ashland, KY area.
Key Takeaways: Affordability in Ashland
- 1The most affordable neighborhood in Ashland is Frankfort, with a median home value of $157,300.
- 2Ashland's median home value is $121,600, 57% below nat'l avg (national: $281,900).
- 3Ashland's affordability index is 146 (baseline 100), making it more affordable than the national average.
- 4Median rent in Ashland is $817/month, 30% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Ashland to find the most affordable areas based on home values, rent, and affordability index.
Ashland Affordability Overview
Median Home Value
$121,600
57% below nat'l avg
Median Rent
$817/mo
30% below nat'l avg
Median Income
$51,250
31% below nat'l avg
Affordability Index
146
46% above nat'l avg
Most Affordable Neighborhoods in Ashland (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | FrankfortKY | $157,300 |
| 2 | HendersonKY | $144,200 |
| 3 | FranklinKY | $166,600 |
| 4 | AlexandriaKY | $242,700 |
| 5 | HarrodsburgKY | $154,800 |
| 6 | JeffersontownKY | $225,500 |
| 7 | ShivelyKY | $133,400 |
| 8 | Louisville/Jefferson County metro government (balance)KY | $204,800 |
| 9 | St. MatthewsKY | $307,400 |
| 10 | SomersetKY | $131,900 |
| 11 | HopkinsvilleKY | $130,500 |
| 12 | OwensboroKY | $151,800 |
| 13 | ParisKY | $158,700 |
| 14 | MaysvilleKY | $146,500 |
| 15 | ElizabethtownKY | $207,800 |