Best rent-to-income cities in Kentucky

Cities in Kentucky ranked by lowest rent as a percentage of median household income. Cities with 15,000+ residents.

Key findings

Fort Thomas ranks first, with rent at 15.9% of median household income.
Across all 20 cities on this list, the median rent is $1,339/mo.

Data as of September 2026. Twelve months of median rent as a share of Census median household income (5-year estimates). Updated monthly. Download this list (CSV)

Best value (RRS)Overheated (RRS)Most affordable Most expensive Rent falling Rent rising Best rent/income Most rent-burdened Record-high rent Seasonal swings Rent vs. income

20 cities

Rank	City	Rent/income	Median rent	Income	Vs. a year ago
01	Fort ThomasKY Pop. 17KCompare →	15.9%	$1,386/mo	$104,350	same
02	RadcliffKY Pop. 23KCompare →	19.1%	$934/mo	$58,559	same
03	ErlangerKY Pop. 20KCompare →	20.9%	$1,318/mo	$75,840	same
04	FrankfortKY Pop. 29KCompare →	22.4%	$989/mo	$53,073	↑1 from #5
05	IndependenceKY Pop. 29KCompare →	23.4%	$2,000/mo	$102,361	↑1 from #6
06	BurlingtonKY Pop. 18KCompare →	23.6%	$2,149/mo	$109,308	↓2 from #4
07	GeorgetownKY Pop. 39KCompare →	23.7%	$1,581/mo	$80,088	same
08	HopkinsvilleKY Pop. 31KCompare →	25.3%	$1,035/mo	$49,139	same
09	NicholasvilleKY Pop. 32KCompare →	25.5%	$1,454/mo	$68,503	same
10	FlorenceKY Pop. 33KCompare →	25.7%	$1,522/mo	$71,003	same
11	ShelbyvilleKY Pop. 18KCompare →	26.0%	$1,639/mo	$75,610	--
12	RichmondKY Pop. 37KCompare →	26.2%	$1,109/mo	$50,870	same
13	ElizabethtownKY Pop. 33KCompare →	26.4%	$1,339/mo	$60,760	↑1 from #14
14	OwensboroKY Pop. 60KCompare →	26.8%	$1,259/mo	$56,357	↓1 from #13
15	GlasgowKY Pop. 15KCompare →	27.5%	$988/mo	$43,074	--
16	PaducahKY Pop. 27KCompare →	28.1%	$1,168/mo	$49,915	↓5 from #11
17	CovingtonKY Pop. 41KCompare →	29.7%	$1,513/mo	$61,166	↓2 from #15
18	MurrayKY Pop. 18KCompare →	30.4%	$1,116/mo	$44,091	↓2 from #16
19	Bowling GreenKY Pop. 75KCompare →	30.4%	$1,240/mo	$48,873	↓1 from #18
20	WinchesterKY Pop. 19KCompare →	31.6%	$1,431/mo	$54,378	↓3 from #17