ZIP Code · KY

ZIP 42701

Pop. 53,987·Hardin County·45th most expensive ZIP in Kentucky
Median rent (all units)
$1,342/mo
Year-over-Year
+1.0%
Month-over-Month
+0.1%
vs US Median
-$590
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 42701 · $1,342
More affordable than 84% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$920
1 BR
$930
2 BR
$1,160
3 BR
$1,610
4 BR+
$1,950
Research median
$1,160/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 42701 is 1% below its high of $1,355 in May 2024, at $1,342 as of September 2026.

Past year vs. the rest of Kentucky

Rent in ZIP 42701 changed +1.0% over the year to September 2026. Across the 63 Kentucky ZIP codes Zillow tracks, the typical change was +3.3%.

Recent direction

Rent has risen 4 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($69,619) is $1,740 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,610); a 4-bedroom is $1,950.

Cheaper nearby

ZIP 40160, 9 miles away, rents for 30% less ($934/mo), about $4,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 42701. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$16,104/yr
At $1,342/mo median
Location
StateKY
CountyHardin County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.0% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 42701 (Elizabethtown, KY) is majority owner-occupied, 28% of residents hold a bachelor's degree or higher.

Population
53,987
Median income
$69,619
Median age
38.1
Renters
38.4%
Age distribution
24.7%
20.7%
26%
12.5%
16.1%
Under 1824.7%
18–3420.7%
35–5426%
55–6412.5%
65+16.1%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
80.4%
White80.4%
Black9.4%
Hispanic4.9%
Asian2.2%
Other3.1%
Education (25+)
30%
36.2%
28%
No HS diploma5.7%
HS diploma30%
Some college36.2%
Bachelor's+28%
Housing tenure
61.6%
38.4%
Owner61.6%
Renter38.4%

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

2023 vs 2026

How ZIP 42701 in Elizabethtown, KY has changed in 5 years

Rent
$1,221 → $1,342
up 9.9%
Income
$62,713 → $69,619
up 11.0%
Population
52,279 → 53,987
up 3.3%
Renter share
38.4% → 38.4%
+0.0 pts
Bachelor's+
26.3% → 28%
+1.7 pts

Five years ago, renters in ZIP 42701 in Elizabethtown, KY paid around $1,221 a month. That figure now sits near $1,342, up 9.9% from the 2023 baseline. Census figures show median household income at $69,619 today, compared with $62,713 five years earlier. Census counts show ZIP 42701 in Elizabethtown, KY adding about 1,708 residents over the five-year window, up 3.3% on net. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

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Local insights

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About renting in ZIP 42701

Last updated: October 17, 2026

ZIP code 42701 covers Elizabethtown, KY. The median rent here is $1,342/mo as of October 2026. A 1-bedroom rents for a median of $930/mo. A 2-bedroom rents for a median of $1,160/mo.

At 23% of local median household income ($69,619/yr), ZIP 42701 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 42701?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (about $26/hour full-time) to afford the median rent of $1,342/mo in ZIP 42701. The local median household income is $69,619/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 42701?

Rent in ZIP 42701 has risen 1.0% over the past year as of September 2026. It sits 1% below its high of $1,355 in May 2024.

How does ZIP 42701 compare to other ZIPs in Kentucky?

ZIP 42701 is in the middle among Kentucky ZIP codes for rent, ranking #45 of 78 at $1,342/mo. Over the year to September 2026, rent in ZIP 42701 changed +1.0%, against a typical +3.3% across the 63 Kentucky ZIP codes Zillow tracks.

How does ZIP 42701 compare to the rest of Elizabethtown?

At $1,342/mo, ZIP 42701 is $3 above the Elizabethtown citywide median of $1,339/mo.
Income Affordability
23%
VERY AFFORDABLE

At $1,342/mo, rent takes ~23% of ZIP 42701's median household income ($69,619/yr). The standard benchmark is 30%.

ZIP 42701 23%Benchmark 30%
State income tax4%
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Schools nearby

Public schools near ZIP 42701 (Elizabethtown, KY)

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