Home prices
The median home price in Cambridge is $167,500. This is approximately $74,880 (30%) lower compared to its surrounding areas.It is about $50,000 (22%) lower in comparison to the entire country, and in comparison to the city of Lexington-Fayette it is roughly $22,300 (11%) lower.
Rents
Cambridge's median rent is $1,375 a month. In comparison to its surrounding areas this is approximately $92 (7%) higher.It is roughly $313 (29%) higher compared to the rest of the country, and it is about $479 (53%) higher in comparison to the city of Lexington-Fayette.
Nearby places
Lincolnshire
Lincolnshire is Cambridge's neighbor to the northwest. Its housing prices are a little more expensive. The value of the median home in Lincolnshire is $208,000, which works out to $40,500 (19%) higher than Cambridge. Rent there is similar. Lincolnshire's median monthly rent is $1,359, which comes out to $16 (1%) lower than Cambridge.
Houston Acres
Houston Acres is Cambridge's neighbor to the south. Its housing prices are a bit more expensive. The cost of the median home in Houston Acres is $182,900, which works out to $15,400 (8%) higher than Cambridge. Rent there is a bit less expensive. The median monthly rent in Houston Acres is $1,302, which is $73 (5%) lower than Cambridge.
Hurstbourne Acres
Hurstbourne Acres is approximately 1 mile east from Cambridge. Its housing prices are a little more expensive. Hurstbourne Acres's median home value is $201,400, which is $33,900 (16%) higher than Cambridge. The rent there is significantly less expensive. Hurstbourne Acres's median rent is $1,028 per month, which works out to $347 (33%) lower than Cambridge.
Forest Hills
Forest Hills is about 1 mile east from Cambridge. The real estate prices there are a little more expensive. The median home in Forest Hills costs $198,600, which works out to $31,100 (15%) higher than Cambridge. Rent there is similar. In Forest Hills the median rent is $1,438 a month, which comes out to $63 (4%) higher than Cambridge.
Hurstbourne
Hurstbourne is approximately 1 mile northeast from Cambridge. Its real estate prices are significantly more expensive. The median home in Hurstbourne is valued at $421,000, which works out to $253,500 (60%) higher than Cambridge. The rent there is a little less expensive. The median rent in Hurstbourne is $1,288 a month, which works out to $87 (6%) lower than Cambridge.
