Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Nicholas County, Kentucky?
County · Census ACS 5-Year estimates
The median gross rent in Nicholas County, Kentucky is $728/month (±$117), based on Census ACS 5-Year estimates (2024). The median home value is $123,000 (±$16,280), and the median household income is $59,531/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Nicholas County, Kentucky and Neighbouring Counties
Housing Metrics for Nicholas County, Kentucky
| Metric | Value |
|---|---|
| Median Gross Rent | $728 |
| Median Home Value | $123,000 |
| Median Household Income | $59,531 |
| Total Housing Units | 2,776 |
| Renter-Occupied Units | 708 |
| Renter-Occupied Share | 26% |
| Households Paying 50%+ Income | 138 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| 1 BR | $568 | +0.0% |
| 2 BR | $709 | +0.0% |
| 3 BR | $841 | +0.0% |
How does Nicholas County, Kentucky compare?
Median gross rent ranked against all counties in Kentucky.
Higher rent than 37% of counties in Kentucky · 77th of 120
| # | County | Value |
|---|---|---|
| 1 | Boone County | $1,373 |
| 2 | Scott County | $1,247 |
| 3 | Oldham County | $1,219 |
| … 73 more … | ||
| 77 | Nicholas County(you are here) | $728 |
| … 40 more … | ||
| 118 | Martin County | $450 |
| 119 | Owsley County | $448 |
| 120 | Elliott County | $432 |
More data for Nicholas County, Kentucky
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Frequently asked questions
What is the average rent in Nicholas County, Kentucky?
The median gross rent in Nicholas County, Kentucky is $728/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 Nicholas County, Kentucky?
The median rent for a 2-bedroom in Nicholas County, Kentucky is $709/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$145. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Nicholas County, Kentucky?
The median home value in Nicholas County, Kentucky is $123,000 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Nicholas County are rent-burdened?
In Nicholas County, Kentucky, 138 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 Nicholas County, Kentucky?
The median household income in Nicholas County, Kentucky is $59,531/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 $728 has a margin of error of ±$117. In very small areas, MOEs can be large relative to the estimate.
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