City Report · KY

Elizabethtown

Pop. 32,576·23rd most expensive in Kentucky·One of the most affordable rental markets in the US
Median rent (all units)
$1,339/mo
Year-over-Year
+0.9%
Month-over-Month
Stable
vs US Median
-$593
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Elizabethtown · $1,339
More affordable than 86% of US cities · National median $1,932/mo
Rent Reality Score
64/100
Good value
OverheatedFairGreat value

Rents are 7% below what Elizabethtown's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,339/mo
Expected by trend
$1,442/mo
The Rent Reality Score compares today's median rent to where Elizabethtown's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$910
1 BR
$910
2 BR
$1,140
3 BR
$1,600
4 BR+
$1,910
Fair Market Rent (HUD)
$1,140/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,339 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 →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Elizabethtown is 0.9% below its high of $1,351 in May 2024, at $1,339 as of September 2026.

Past year vs. the rest of Kentucky

Rent in Elizabethtown changed +0.9% over the year to September 2026. Across the 26 Kentucky cities Zillow tracks, the typical change was +4.2%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($60,760) is $1,519 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,140); a 3-bedroom is $1,600.

Cheaper nearby

Radcliff, 9 miles away, rents for 30% less ($934/mo), about $4,900 a year in savings.

From Zillow's monthly rent index (ZORI) for Elizabethtown. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$16,068/yr
At $1,339/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.9% YoY, +0.1% MoM), not inventory.
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Demographics

Who lives here

Elizabethtown, KY is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 28.3% of residents hold a bachelor's degree or higher.

Population
32,576
Median income
$60,760
Median age
35.7
Renters
50.7%
Age distribution
25.3%
23.2%
25.3%
14.9%
Under 1825.3%
18–3423.2%
35–5425.3%
55–6411.2%
65+14.9%
Gender
46.9%
53.1%
Male46.9%
Female53.1%
Race & ethnicity
75.4%
White75.4%
Black11.5%
Hispanic5.6%
Asian3.1%
Other4.4%
Education (25+)
27.7%
38.1%
28.3%
No HS diploma6%
HS diploma27.7%
Some college38.1%
Bachelor's+28.3%
Housing tenure
49.3%
50.7%
Owner49.3%
Renter50.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Elizabethtown, KY has changed in 5 years

Rent
$1,221 → $1,339
up 9.7%
Income
$51,875 → $60,760
up 17.1%
Population
31,066 → 32,576
up 4.9%
Renter share
52.9% → 50.7%
-2.2 pts
Bachelor's+
26.9% → 28.3%
+1.4 pts
Median age
36.5 → 35.7
-0.8 yrs

Since 2023, the typical rent in Elizabethtown, KY has climbed from $1,221 to $1,339, a 9.7% change over five years. Local incomes tracked alongside that move, going from a median of $51,875 in 2021 to $60,760 more recently. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 4.9% since 2021, moving from about 31,066 residents to roughly 32,576. Renters now make up 50.7% of households, compared with 52.9% five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Elizabethtown, KY market of 2023.

Community

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View Elizabethtown rent history (2015–2026) →
Salary vs rent

Can you afford rent in Elizabethtown on your salary?

At $1,339/mo, how Elizabethtown rent compares to typical pay (30% rule).

By apartment size

Elizabethtown rent by bedroom count

Median rent for each apartment size in Elizabethtown. Click any size for full breakdown.

Local insights

Tips for renters in Elizabethtown

About renting in Elizabethtown, KY

Last updated: October 17, 2026

The median rent in Elizabethtown is $1,339/mo as of October 2026. A studio apartment averages $910/mo while a 2-bedroom runs $1,140/mo. One-bedroom apartments average $910/mo and 3-bedroom units go for $1,600/mo.

At 26% of local median household income ($60,760/yr), Elizabethtown ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Elizabethtown?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (about $26/hour full-time) to afford the median rent of $1,339/mo in Elizabethtown. The local median household income is $60,760/yr, so the typical household meets that bar.

Is rent going up or down in Elizabethtown?

Rent in Elizabethtown has risen 0.9% over the past year as of September 2026. It sits 0.9% below its high of $1,351 in May 2024.

How does Elizabethtown rent compare to other cities in Kentucky?

Elizabethtown is in the middle among Kentucky cities for rent, ranking #23 of 38 tracked cities at $1,339/mo. Over the year to September 2026, rent in Elizabethtown changed +0.9%, against a typical +4.2% across the 26 Kentucky cities Zillow tracks.

Which nearby cities are cheaper to rent in than Elizabethtown?

Nearby cities with lower median rent than Elizabethtown ($1,339/mo) include Radcliff ($934/mo), Bardstown ($1,011/mo), and Louisville ($1,330/mo).
Income Affordability
26%
AFFORDABLE

At $1,339/mo, rent takes ~26% of Elizabethtown's median household income ($60,760/yr). The standard benchmark is 30%.

Elizabethtown 26%Benchmark 30%
State income tax4%
Run the Elizabethtown affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Elizabethtown, KY

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