Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Montgomery County, Kentucky?
County · Census ACS 5-Year estimates
The median gross rent in Montgomery County, Kentucky is $830/month (±$41), based on Census ACS 5-Year estimates (2024). The median home value is $172,200 (±$11,202), and the median household income is $56,396/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Montgomery County, Kentucky and Neighbouring Counties
Housing Metrics for Montgomery County, Kentucky
| Metric | Value |
|---|---|
| Median Gross Rent | $830 |
| Median Home Value | $172,200 |
| Median Household Income | $56,396 |
| Total Housing Units | 11,005 |
| Renter-Occupied Units | 3,487 |
| Renter-Occupied Share | 32% |
| Households Paying 50%+ Income | 519 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $664 | -23.2% |
| 1 BR | $378 | -57.5% |
| 2 BR | $854 | -17.1% |
| 3 BR | $967 | -19.7% |
| 4 BR | $865 | -40.3% |
How does Montgomery County, Kentucky compare?
Median gross rent ranked against all counties in Kentucky.
Higher rent than 68% of counties in Kentucky · 40th of 120
| # | County | Value |
|---|---|---|
| 1 | Boone County | $1,373 |
| 2 | Scott County | $1,247 |
| 3 | Oldham County | $1,219 |
| … 36 more … | ||
| 40 | Montgomery County(you are here) | $830 |
| … 77 more … | ||
| 118 | Martin County | $450 |
| 119 | Owsley County | $448 |
| 120 | Elliott County | $432 |
More data for Montgomery County, Kentucky
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Frequently asked questions
What is the average rent in Montgomery County, Kentucky?
The median gross rent in Montgomery County, Kentucky is $830/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Montgomery County, Kentucky?
The median rent for a 2-bedroom in Montgomery County, Kentucky is $854/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$36. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Montgomery County, Kentucky?
The median home value in Montgomery County, Kentucky is $172,200 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Montgomery County are rent-burdened?
In Montgomery County, Kentucky, 519 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Montgomery County, Kentucky?
The median household income in Montgomery County, Kentucky is $56,396/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $830 has a margin of error of ±$41. In very small areas, MOEs can be large relative to the estimate.
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