CostBy County

Cost of Living in Caldwell County, Kentucky

$767/mo
Median Monthly Rent
$118,500
Median Home Value

At a Glance

Median Monthly Rent
$767/mo
3% below state average
Median Home Value
$118,500
64% below national
Census GRAPI
26.3%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Caldwell County Compares

Median monthly rent comparison

Caldwell County$767/mo
Kentucky Average$793/mo
National Median$1,413/mo

Detailed Housing Stats

$767/mo
Median Gross Rent
$118,500
Median Home Value
$668/mo
Monthly Owner Cost
26.3%
Census GRAPI

National Ranking

Affordability Rank

Caldwell County ranks #661 of 3,142 counties for affordability (top 21%)

Most AffordableLeast Affordable

Sourced county brief

Caldwell County Median Home Value Estimated at $118,500

Caldwell County’s median home value was estimated at $118,500 according to the ACS 2020-2024 5-Year Estimates. This figure is below the Kentucky unweighted county mean home value of $160,835. The median gross rent in the county was recorded at $767 per month, while the state’s unweighted county mean was $793. For owner-occupied units, the median selected monthly owner cost was $668, which is less than the state unweighted county mean of $753. The official ACS B25071 median gross rent as a percentage of household income, or GRAPI, was 26.3%. This official metric differs from the Kentucky unweighted county mean GRAPI of 27.2% by 0.9 percentage points. The median renter-household income was $33,821, compared to the median income of $59,583 for all households in the county. These figures provide a statistical snapshot of housing costs relative to income during the reporting period. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Caldwell County

Affordability Verdict

ACS B25071 estimates median gross rent at 26.3% of renter household income in Caldwell County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $767 per month; median selected monthly owner costs are $668. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $30,680 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Kentucky unweighted mean of county median rents is $793 per month. Caldwell County's $767 median is 3.3% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Caldwell County

$

Rent Burden

15.4%

of gross income

Max Housing (28% Rule)

$1,390

per month

Owner Cost Burden

13.5%

of gross income

You can likely afford the median home in Caldwell County

Median home value is $118,500. Estimated monthly cost: $946 vs. your max of $1,390.

Rent Affordability Guide

Your entered rent as a share of entered income15.4%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,583Needed: $30,680
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,583Needed: $28,629
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,583Needed: $27,578

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

What is the cost of living in Caldwell County, Kentucky?
Caldwell County, Kentucky has a median monthly rent of $767/mo and a median home value of $118,500. The affordability rating is Affordable, with median gross rent equal to approximately 26.3% of renter household income.
What is the median rent in Caldwell County?
The median gross rent in Caldwell County is $767/mo. This is 3% below state average for Kentucky.
Is Caldwell County affordable?
Caldwell County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 26.3%. Median gross rent is under 30% of renter household income.
How does Caldwell County's rent compare to the state average?
Caldwell County's median rent of $767/mo is 3% below state average of $793/mo for Kentucky.
What is the median home value in Caldwell County?
The median home value in Caldwell County, Kentucky is $118,500. This is 64% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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