Cost of Living in Boyle County, Kentucky

$770/mo
Median Monthly Rent
$200,700
Median Home Value
0% below state averageUnaffordable

At a Glance

Median Monthly Rent
$770/mo
0% below state average
Median Home Value
$200,700
29% below national
Rent-to-Income Ratio
27.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Boyle County Compares

Median monthly rent comparison

Boyle County$770/mo
Kentucky Average$771/mo
National Median$1,163/mo

Detailed Housing Stats

$770/mo
Median Gross Rent
$200,700
Median Home Value
$880/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Boyle County, Kentucky

Boyle beats national rent burden

Boyle County's rent-to-income ratio of 15.0% sits well below the national average, making it an exceptionally affordable rental market. At $770 per month, the median rent nearly matches Kentucky's statewide average, yet local incomes stretch further here than they do nationally.

Among Kentucky's most affordable counties

Boyle County's 15.0% rent-to-income ratio ranks among the lowest in Kentucky, significantly beating the state average of 17.0%. This places Boyle in the upper tier of affordability statewide, a rare advantage for renters seeking economic breathing room.

Sweet spot for regional renters

Boyle County's $770 rent sits right at Kentucky's state average and only $23 above Bourbon County, offering strong regional value. With a median home value of $200,700, Boyle appeals to a wider economic range than its lower-cost neighbors Boyd and Bracken.

Income stretches far in Boyle

With a median household income of $61,635, Boyle County residents allocate just $770 monthly (15.0%) to rent or $880 (17.1%) for homeownership. Both renting and ownership remain accessible here compared to most Kentucky counties, offering genuine flexibility.

Boyle offers dual-path affordability

Whether renting or buying, Boyle County delivers among Kentucky's best affordability ratios—your income stretches further here than statewide averages. Consider Boyle if you value economic stability without sacrificing access to decent-sized communities.

Affordability Calculator

See how your income compares to housing costs in Boyle County

$

Rent Burden

15.0%

of gross income

Max Housing (28% Rule)

$1,438

per month

Owner Cost Burden

17.1%

of gross income

The median home in Boyle County may be a stretch

Median home value is $200,700. Estimated monthly cost: $1,602 vs. your max of $1,438.

Rent Affordability Guide

Your rent-to-income ratio15.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Boyle County, Kentucky?
Boyle County, Kentucky has a median monthly rent of $770/mo and a median home value of $200,700. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Boyle County?
The median gross rent in Boyle County is $770/mo. This is 0% below state average for Kentucky.
Is Boyle County affordable?
Boyle County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Boyle County's rent compare to the state average?
Boyle County's median rent of $770/mo is 0% below state average of $771/mo for Kentucky.
What is the median home value in Boyle County?
The median home value in Boyle County, Kentucky is $200,700. This is 29% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Boyle County, Kentucky? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Boyle County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.