At $1,284/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 $1,284 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 ($66,486) is $1,662 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,520).
From Zillow's monthly rent index (ZORI) for Lawrenceburg. 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
Lawrenceburg, KY is majority owner-occupied, has a large share of families with children, 21.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Lawrenceburg, KY has changed in 5 years
Census figures show median household income at $66,486 today, compared with $52,808 five years earlier. The population has grown by 2.3% since 2021, moving from about 11,675 residents to roughly 11,943. College-educated residents now make up 21.8% of adults here, versus 19.8% in 2021.
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Can you afford rent in Lawrenceburg on your salary?
At $1,284/mo, how Lawrenceburg rent compares to typical pay (30% rule).
Lawrenceburg rent by bedroom count
Median rent for each apartment size in Lawrenceburg. Click any size for full breakdown.
Tips for renters in Lawrenceburg
Last updated: October 17, 2026
The median rent in Lawrenceburg is $1,284/mo as of October 2026. A studio apartment averages $780/mo while a 2-bedroom runs $1,020/mo. One-bedroom apartments average $900/mo and 3-bedroom units go for $1,370/mo.
At 23% of local median household income ($66,486/yr), Lawrenceburg ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
How much income do you need to rent in Lawrenceburg?
Is rent going up or down in Lawrenceburg?
How does Lawrenceburg rent compare to other cities in Kentucky?
Which nearby cities are cheaper to rent in than Lawrenceburg?
At $1,284/mo, rent takes ~23% of Lawrenceburg's median household income ($66,486/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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