RentDataNowRentDataNow
City Report · KY

Fort Wright

Pop. 5,887·13th most expensive in Kentucky·Fort Wright rents are up 12.0% over the past year
Median rent (all units)
$1,577/mo
Year-over-Year
+12.0%
Month-over-Month
+0.8%
vs US Median
-$385
Rising (Monthly)
Be the first to discuss Fort Wright rents ↓
Most AffordableMost Expensive
Fort Wright · $1,577
More affordable than 71% of US cities · National median $1,962/mo
Affordability
18% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,577/mo, rent takes about 18% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$63,000/yr
Local median income
$105,024/yr
Based on the 30%-of-income rule using Fort Wright's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

1 BR
$860
2 BR
$1,236
3 BR
$1,598
Fair Market Rent (HUD)
$1,236/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,577 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

Loading…

Last updated: August 17, 2026

Annual cost
$18,924/yr
At $1,577/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.0% YoY, +0.8% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Fort Wright, KY is majority owner-occupied, has a large retiree population, has a median income above the national average, 45.3% of residents hold a bachelor's degree or higher.

Population
5,887
Median income
$105,024
Median age
37.5
Renters
29.3%
Age distribution
20.2%
25.7%
19.6%
14.2%
20.3%
Under 1820.2%
18–3425.7%
35–5419.6%
55–6414.2%
65+20.3%
Gender
52.3%
47.7%
Male52.3%
Female47.7%
Race & ethnicity
84.5%
White84.5%
Black1.7%
Hispanic5.9%
Other7.7%
Education (25+)
19%
29.4%
45.3%
No HS diploma6.3%
HS diploma19%
Some college29.4%
Bachelor's+45.3%
Housing tenure
70.7%
29.3%
Owner70.7%
Renter29.3%

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

2021 vs 2026

How Fort Wright, KY has changed in 5 years

Income
$87,197 → $105,024
up 20.4%
Population
5,845 → 5,887
up 0.7%
Renter share
33% → 29.3%
-3.7 pts
Bachelor's+
46.3% → 45.3%
-1.0 pts
Median age
41.5 → 37.5
-4.0 yrs

On the earnings side, the typical household in Fort Wright, KY now reports about $105,024, up from $87,197 in 2021. The renter share has eased from 33% to 29.3%, with owner-occupied housing accounting for the remainder.

Community

Discussions about Fort Wright

No discussions yet. Start the conversation.

View Fort Wright rent history (2015–2026) →
Salary vs rent

Can you afford rent in Fort Wright on your salary?

At $1,577/mo, how Fort Wright rent compares to typical pay (30% rule).

By apartment size

Fort Wright rent by bedroom count

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

Local insights

Tips for renters in Fort Wright

About renting in Fort Wright, KY

Last updated: August 17, 2026

The median rent in Fort Wright is $1,577/mo as of August 2026. a 2-bedroom runs $1,236/mo. One-bedroom apartments average $860/mo and 3-bedroom units go for $1,598/mo.

At 18% of local median household income ($105,024/yr), Fort Wright ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.0% over the past year.

FAQ

Frequently asked questions

Is Fort Wright an affordable city for renters?

Fort Wright is considered very affordable for renters. At $1,577/mo, rent takes approximately 18% of the local median household income ($105,024/yr). The standard benchmark is 30%. Fort Wright falls comfortably within that range.

How much income do you need to rent in Fort Wright?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (~$30/hour full-time) to afford the median rent of $1,577/mo in Fort Wright. The local median household income is $105,024/yr, meaning the typical Fort Wright household meets that threshold.

Is rent going up or down in Fort Wright?

Rent in Fort Wright has increased 12.0% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Fort Wright rent compare to other cities in Kentucky?

Fort Wright is middle-of-the-pack for Kentucky for rent, ranking #13 out of 36 tracked cities at $1,577/mo.

Which nearby cities are cheaper to rent in than Fort Wright?

Several nearby cities have lower median rents than Fort Wright ($1,577/mo): Erlanger ($1,250/mo), Southgate ($1,447/mo), Bellevue ($1,540/mo).

What percentage of Fort Wright residents rent vs. own?

According to Census data, approximately 29.3% of Fort Wright households are renters, while 70.7% are owner-occupied. Fort Wright leans toward homeownership, which can mean a smaller rental inventory.

How does Fort Wright rent compare to the national average?

Fort Wright's median rent of $1,577/mo is $385 (20%) below the US national median of $1,962/mo. Within Kentucky, it ranks #13 out of 36 tracked cities.
Income Affordability
18%
VERY AFFORDABLE

At $1,577/mo, rent takes ~18% of Fort Wright's median household income ($105,024/yr). The standard benchmark is 30%.

Fort Wright 18%Benchmark 30%
State income tax4%
Run the Fort Wright affordability calculator →
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Fort Wright, KY

Recent submissions

Be the first to submit your rent for Fort Wright.

Recent discussions

No discussions yet.

Add RentDataNow as a preferred source on Google