2026 Affordability Data
Most Affordable Neighborhoods in Cold Spring - 2026 Data
The median home value in Cold Spring is $222,700, 21% below nat'l avg. Median rent is $1,124/month. We ranked 15 neighborhoods by affordability to help you find the best value in the Cold Spring, KY area.
Key Takeaways: Affordability in Cold Spring
- 1The most affordable neighborhood in Cold Spring is Frankfort, with a median home value of $157,300.
- 2Cold Spring's median home value is $222,700, 21% below nat'l avg (national: $281,900).
- 3Median rent in Cold Spring is $1,124/month, 3% below nat'l avg (national: $1,163/month).
- 4We analyzed 15 neighborhoods in Cold Spring to find the most affordable areas based on home values, rent, and affordability index.
Cold Spring Affordability Overview
Median Home Value
$222,700
21% below nat'l avg
Median Rent
$1,124/mo
3% below nat'l avg
Median Income
$76,151
Near nat'l avg
Affordability Index
N/A
Most Affordable Neighborhoods in Cold Spring (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 |
Detailed Neighborhood Profiles
Home Value: $157,300
Rent: $817/mo
Affordability: 146
Population: 28,460
Walk Score: 0/100
Home Value: $144,200
Rent: $817/mo
Affordability: 146
Population: 28,166
Walk Score: 0/100
Home Value: $166,600
Rent: $817/mo
Affordability: 146
Population: 10,141
Walk Score: 0/100
4
Home Value: $242,700
Rent: $817/mo
Affordability: 146
Population: 10,322
Walk Score: 0/100
5
Home Value: $154,800
Rent: $817/mo
Affordability: 146
Population: 9,057
Walk Score: 0/100
6
Home Value: $225,500
Rent: $817/mo
Affordability: 146
Population: 28,796
Walk Score: 0/100
7
Home Value: $133,400
Rent: $817/mo
Affordability: 146
Population: 15,595
Walk Score: 0/100
8
Home Value: $204,800
Rent: $817/mo
Affordability: 146
Population: 629,176
Walk Score: 0/100
9
Home Value: $307,400
Rent: $817/mo
Affordability: 146
Population: 17,511
Walk Score: 0/100
10
Home Value: $131,900
Rent: $817/mo
Affordability: 146
Population: 11,998
Walk Score: 0/100
11
Home Value: $130,500
Rent: $817/mo
Affordability: 146
Population: 31,042
Walk Score: 0/100
12
Home Value: $151,800
Rent: $817/mo
Affordability: 146
Population: 60,019
Walk Score: 0/100
13
Home Value: $158,700
Rent: $817/mo
Affordability: 146
Population: 10,143
Walk Score: 0/100
14
Home Value: $146,500
Rent: $817/mo
Affordability: 146
Population: 8,831
Walk Score: 0/100
15
Home Value: $207,800
Rent: $817/mo
Affordability: 146
Population: 31,425
Walk Score: 0/100
Frequently Asked Questions About Affordability in Cold Spring
What is the most affordable neighborhood in Cold Spring, KY?▾
Based on 2026 data, Frankfort is the most affordable neighborhood in Cold Spring with a median home value of $157,300. Kurby analyzed 15 neighborhoods in the Cold Spring area to compile these rankings.
What is the median home price in Cold Spring, KY?▾
The median home price in Cold Spring is $222,700, which is 21% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
What is the average rent in Cold Spring, KY?▾
The median monthly rent in Cold Spring is $1,124. This is 3% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Cold Spring?▾
The median household income in Cold Spring is $76,151 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Cold Spring are below the national average home price?▾
14 out of 15 ranked neighborhoods in Cold Spring have a median home value below the national average of $281,900. The most affordable is Frankfort at $157,300 (Source: Kurby, 2026).