City Report · KY

Oak Grove

Pop. 7,962·29th most expensive in Kentucky·One of the most affordable rental markets in the US
Median rent (all units)
$1,140/mo
Year-over-Year
+1.1%
Month-over-Month
-3.8%
vs US Median
-$825
Falling (Monthly)
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Most AffordableMost Expensive
Oak Grove · $1,140
More affordable than 94% of US cities · National median $1,965/mo
Rent Reality Score
68/100
Good value
OverheatedFairGreat value

Rents are 9% below what Oak Grove's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,140/mo
Expected by trend
$1,252/mo
The Rent Reality Score compares today's median rent to where Oak Grove's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$890
1 BR
$950
2 BR
$1,200
3 BR
$1,680
4 BR+
$2,020
Research median
$1,200/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$13,680/yr
At $1,140/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.1% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+1.1% YoY, -3.8% MoM), not inventory.
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Demographics

Who lives here

Oak Grove, KY is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 11% of residents hold a bachelor's degree or higher.

Population
7,962
Median income
$49,354
Median age
25.5
Renters
60.4%
Age distribution
34.5%
41.7%
15.1%
Under 1834.5%
18–3441.7%
35–5415.1%
55–644.2%
65+4.6%
Gender
54%
46%
Male54%
Female46%
Race & ethnicity
58.5%
21.2%
14.4%
White58.5%
Black21.2%
Hispanic14.4%
Asian1.6%
Other4.3%
Education (25+)
32.4%
49.7%
No HS diploma6.9%
HS diploma32.4%
Some college49.7%
Bachelor's+11%
Housing tenure
39.6%
60.4%
Owner39.6%
Renter60.4%

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

2022 vs 2026

How Oak Grove, KY has changed in 5 years

Rent
$1,042 → $1,140
up 9.4%
Income
$37,297 → $49,354
up 32.3%
Population
7,699 → 7,962
up 3.4%
Renter share
65.1% → 60.4%
-4.7 pts
Bachelor's+
12.5% → 11%
-1.5 pts
Median age
25 → 25.5
+0.5 yrs

Five years ago, renters in Oak Grove, KY paid around $1,042 a month. That figure now sits near $1,140, up 9.4% from the 2022 baseline. On the earnings side, the typical household in Oak Grove, KY now reports about $49,354, up from $37,297 in 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Oak Grove, KY adding about 263 residents over the five-year window, up 3.4% on net. The renter share has eased from 65.1% to 60.4%, with owner-occupied housing accounting for the remainder. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and Oak Grove, KY reflects that arc in its own way.

Community

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View Oak Grove rent history (2015–2026) →
Salary vs rent

Can you afford rent in Oak Grove on your salary?

At $1,140/mo, how Oak Grove rent compares to typical pay (30% rule).

By apartment size

Oak Grove rent by bedroom count

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

Local insights

Tips for renters in Oak Grove

About renting in Oak Grove, KY

Last updated: July 20, 2026

The median rent in Oak Grove is $1,140/mo as of July 2026. A studio apartment averages $890/mo while a 2-bedroom runs $1,200/mo. One-bedroom apartments average $950/mo and 3-bedroom units go for $1,680/mo.

At 28% of local median household income ($49,354/yr), Oak Grove ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.1% over the past year.

FAQ

Frequently asked questions

Is Oak Grove an affordable city for renters?

Oak Grove is considered affordable for renters. At $1,140/mo, rent takes approximately 28% of the local median household income ($49,354/yr). The standard benchmark is 30%. Oak Grove falls comfortably within that range.

How much income do you need to rent in Oak Grove?

To keep rent at or below 30% of gross income, you would need to earn at least $46,000/year (~$22/hour full-time) to afford the median rent of $1,140/mo in Oak Grove. The local median household income is $49,354/yr, meaning the typical Oak Grove household meets that threshold.

Is rent going up or down in Oak Grove?

Rent in Oak Grove has increased 1.1% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Oak Grove rent compare to other cities in Kentucky?

Oak Grove is one of the more affordable cities in Kentucky for rent, ranking #29 out of 39 tracked cities at $1,140/mo.

Which nearby cities are cheaper to rent in than Oak Grove?

Several nearby cities have lower median rents than Oak Grove ($1,140/mo): Russellville ($890/mo), Hopkinsville ($997/mo).

What percentage of Oak Grove residents rent vs. own?

According to Census data, approximately 60.4% of Oak Grove households are renters, while 39.6% are owner-occupied. With a majority renter population, Oak Grove has a strong rental market.

How does Oak Grove rent compare to the national average?

Oak Grove's median rent of $1,140/mo is $825 (42%) below the US national median of $1,965/mo. Within Kentucky, it ranks #29 out of 39 tracked cities.
Income Affordability
28%
AFFORDABLE

At $1,140/mo, rent takes ~28% of Oak Grove's median household income ($49,354/yr). The standard benchmark is 30%.

Oak Grove 28%Benchmark 30%
State income tax4%
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Neighborhoods

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Public schools near Oak Grove, KY

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