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ZIP Code · KY

ZIP 40342

Pop. 23,963·Anderson County·70th most expensive ZIP in Kentucky
Median rent (all units)
$1,138/mo
Year-over-Year
Stable
Month-over-Month
+1.6%
vs US Median
-$827
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 40342 · $1,138
More affordable than 94% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$840
1 BR
$950
2 BR
$1,040
3 BR
$1,320
4 BR+
$1,480
Research median
$1,040/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
$13,656/yr
At $1,138/mo median
Location
StateKY
CountyAnderson County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.6% MoM), not inventory.
Demographics

Who lives here

ZIP 40342 (Lawrenceburg, KY) is majority owner-occupied, 26.3% of residents hold a bachelor's degree or higher.

Population
23,963
Median income
$74,408
Median age
41.6
Renters
22.6%
Age distribution
23.3%
19.4%
26.2%
14.2%
16.8%
Under 1823.3%
18–3419.4%
35–5426.2%
55–6414.2%
65+16.8%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
92.4%
White92.4%
Black2.2%
Hispanic2.7%
Other2.4%
Education (25+)
32.3%
31.9%
26.3%
No HS diploma9.4%
HS diploma32.3%
Some college31.9%
Bachelor's+26.3%
Housing tenure
77.4%
22.6%
Owner77.4%
Renter22.6%

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

2021 vs 2026

How ZIP 40342 in Lawrenceburg, KY has changed in 5 years

Income
$60,028 → $74,408
up 24.0%
Population
23,073 → 23,963
up 3.9%
Renter share
21.1% → 22.6%
+1.5 pts
Bachelor's+
25.4% → 26.3%
+0.9 pts

Census figures show median household income at $74,408 today, compared with $60,028 five years earlier. The population has grown by 3.9% since 2021, moving from about 23,073 residents to roughly 23,963. Renters now make up 22.6% of households, compared with 21.1% five years ago.

Community

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Local insights

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About renting in ZIP 40342

Last updated: July 20, 2026

ZIP code 40342 covers Lawrenceburg, KY. The median rent here is $1,138/mo as of July 2026. A 1-bedroom rents for a median of $950/mo. A 2-bedroom rents for a median of $1,040/mo.

At 18% of local median household income ($74,408/yr), ZIP 40342 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 40342?

As of July 20, 2026, the median monthly rent in ZIP 40342 (Lawrenceburg, KY) is $1,138. This is based on aggregated data from public sources and community submissions.

How does ZIP 40342 rent compare to the US average?

ZIP 40342's median rent of $1,138/mo is $827 (42%) below the US national median of $1,965/mo.

How does ZIP 40342 compare to other ZIPs in Kentucky?

ZIP 40342 is among the more affordable ZIP codes in Kentucky, ranking #70 out of 83 ZIPs at $1,138/mo.

How much income do you need to rent in ZIP 40342?

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 $1,138/mo in ZIP 40342. The local median household income is $74,408/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 40342?

Rent in ZIP 40342 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 40342 an affordable place to rent?

ZIP 40342 is considered very affordable for renters. At $1,138/mo, rent takes approximately 18% of the local median household income ($74,408/yr). The standard benchmark is 30%. ZIP 40342 falls comfortably within that range.

What percentage of ZIP 40342 residents rent vs. own?

According to Census data, approximately 22.6% of ZIP 40342 households are renters, while 77.4% are owner-occupied. ZIP 40342 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 40342 compare to the rest of Lawrenceburg?

ZIP 40342 sits right at the Lawrenceburg citywide median of $1,138/mo.

When was rent data for ZIP 40342 last updated?

Rent data for ZIP 40342 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
18%
VERY AFFORDABLE

At $1,138/mo, rent takes ~18% of ZIP 40342's median household income ($74,408/yr). The standard benchmark is 30%.

ZIP 40342 18%Benchmark 30%
State income tax4%
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Schools nearby

Public schools near ZIP 40342 (Lawrenceburg, KY)

Recent submissions

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