Cost of Living in Boyle County, Kentucky
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Boyle County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Boyle County ranks #1,075 of 3,144 counties for affordability (top 34%)
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.
Cost of Living Advisory: Boyle County
Affordability Verdict
Boyle County offers affordable rental housing at a median of $770/month — about 15.0% of the typical household income here.
Rent vs. Own
At $770/month rent versus $880/month in owner costs, renting is roughly $110/month cheaper — a 13% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,800/year. For owner costs at the 28% rule, the required income is roughly $37,714/year. With a median household income of $61,635, most households can comfortably afford rent here. Notably, 27.0% of renter households in Boyle County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Logan County where rent averages $719/month, Boyle County is approximately 7% more expensive.
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
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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