At $1,432/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,432 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
30% of the median household income ($75,000) is $1,875 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,760); a 4-bedroom is $1,950.
From Zillow's monthly rent index (ZORI) for Cold Spring. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Cold Spring, KY is majority owner-occupied, has a large retiree population, 42.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Cold Spring, KY has changed in 5 years
Median household income grew from $73,732 to $75,000 between 2021 and 2024, a 1.7% shift. Headcount in the area went from 6,208 to 6,341 between 2021 and 2024, a 2.1% change.
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Can you afford rent in Cold Spring on your salary?
At $1,432/mo, how Cold Spring rent compares to typical pay (30% rule).
Cold Spring rent by bedroom count
Median rent for each apartment size in Cold Spring. Click any size for full breakdown.
Tips for renters in Cold Spring
Last updated: October 17, 2026
The median rent in Cold Spring is $1,432/mo as of October 2026. A studio apartment averages $910/mo while a 2-bedroom runs $1,330/mo. One-bedroom apartments average $1,030/mo and 3-bedroom units go for $1,760/mo.
At 23% of local median household income ($75,000/yr), Cold Spring ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
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Is rent going up or down in Cold Spring?
How does Cold Spring rent compare to other cities in Kentucky?
Which nearby cities are cheaper to rent in than Cold Spring?
At $1,432/mo, rent takes ~23% of Cold Spring's median household income ($75,000/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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