Can A Carpenter Afford Rent in Versailles, KY?

Stretched but workable — rent takes 36.9% of gross income.

Versailles rent: June 2026. Salary: BLS OEWS May 2024 (Kentucky state estimate).

Versailles median rent
$1,650/mo
Carpenter salary (Kentucky)
$53,627/yr
Rent as % of income
36.9%
Gross monthly income works out to about $4,469, and the 30% rule supports up to $1,341/mo in rent. Versailles's median rent of $1,650 exceeds that threshold by $309/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 64 hours a month to cover that rent.

About rent and a carpenter salary

Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.

Cheaper rent nearby

These Kentucky cities have lower median rent than Versailles, which improves the affordability math on a carpenter salary:

Bellevue, KY
$1,643/mo (36.8% of income)
Shelbyville, KY
$1,642/mo (36.7% of income)
Dayton, KY
$1,639/mo (36.7% of income)

Compare with full rent data for Versailles

View full rent data for Versailles, KY

Frequently asked questions

Can a carpenter afford rent in Versailles, KY?

Median rent in Versailles is $1,650 a month. A typical carpenter in Kentucky earns about $53,627 a year, which makes that rent 36.9% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a carpenter afford in Versailles?

Using the 30% rule, a carpenter salary in Kentucky (~$53,627/yr) supports up to $1,341 a month in rent. Versailles's current median rent is $1,650/mo, which is $309/mo over the affordability threshold.

How many hours does a carpenter work to cover rent in Versailles?

At an hourly equivalent of about $26 an hour, a carpenter in Kentucky works roughly 64 hours a month to cover Versailles's median rent of $1,650.

Where is rent cheaper than Versailles for a carpenter?

Nearby Kentucky cities with lower median rent include Bellevue ($1,643/mo), Shelbyville ($1,642/mo), Dayton ($1,639/mo). Each shifts the affordability math materially on a carpenter salary.

Methodology: Salary uses the BLS-derived Kentucky state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Versailles, KY. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.