Erlanger, KY Housing

Erlanger, KY is a great place to live for those looking for affordable housing. The median value of homes in Erlanger is significantly lower than the US median value at $203,300. This makes it much more accessible for people of all backgrounds to purchase a home in this city. Furthermore, the 1 year house appreciation rate in Erlanger is 14.21% which is higher than the US average of 8.27%. This can be beneficial for potential homeowners as their investment can improve quickly over time through increased property values. All together, Erlanger is an ideal place to buy a home with its low median home value and high appreciation rate.

The median home cost in Erlanger is $203,300. Home appreciation the last 10 years has been 78.7%. Home Appreciation in Erlanger is up 15.5%.

Average Age of Homes

- The median age of Erlanger real estate is 40 years old

The Rental Market in Erlanger

- Renters make up 27.1% of the Erlanger population
- 1.7% of houses and apartments in Erlanger, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Erlanger, Kentucky	United States
	8,291.0	139,647,020.0
	43	42
	$203,300	$338,100
	15.5%	16.6%
	54.2%	57.0%
	78.7%	101.1%
	$11.94	$10.98
	$1,773	$2,690
	63.9%	57.4%
	5.3%	11.2%
	30.8%	31.4%
Vacant Housing
	1.7%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.4%	0.4%
	0.3%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	6.2%	2.6%
	1.1%	2.4%
	0.4%	2.8%
	2.7%	3.9%
	6.5%	4.5%
	34.3%	11.3%
	18.8%	13.0%
	15.0%	20.1%
	11.3%	13.6%
	2.2%	8.3%
	1.2%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	14.8%	13.6%
	14.8%	13.6%
	17.0%	13.6%
	10.9%	13.2%
	15.0%	14.8%
	17.0%	13.6%
	15.2%	10.0%
	1.6%	4.7%
	5.6%	12.2%