Cost of Living in Gallatin County, Kentucky

$858/mo
Median Monthly Rent
$169,400
Median Home Value
11% above state averageUnaffordable

At a Glance

Median Monthly Rent
$858/mo
11% above state average
Median Home Value
$169,400
40% below national
Rent-to-Income Ratio
26.0%
% 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 Gallatin County Compares

Median monthly rent comparison

Gallatin County$858/mo
Kentucky Average$771/mo
National Median$1,163/mo

Detailed Housing Stats

$858/mo
Median Gross Rent
$169,400
Median Home Value
$699/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Gallatin County, Kentucky

Gallatin balances income and affordability

Gallatin County's 16.5% rent-to-income ratio ranks among Kentucky's best, where median household income of $62,247 sits only 17% below the national average and supports rents of $858/month comfortably. This northern Kentucky county offers a rare combination: above-average local incomes paired with reasonable housing costs.

Strong affordability with decent wages

Gallatin's 16.5% rent-to-income ratio ranks in Kentucky's top tier, trailing only Fleming (16.4%) and Garrard (15.2%) for affordability. At $858/month, rents run 11% above the state median of $771, but the county's higher median income ($62,247) makes the housing burden notably lighter than statewide averages.

Northern Kentucky sweet spot

Gallatin's $858 rent and 16.5% ratio position it between rural Fleming ($677, 16.4%) and urban Fayette ($1,101, 19.5%), capturing the advantages of both worlds. The county's median income ($62,247) exceeds most rural peers while staying below Fayette levels, offering a balanced market for families seeking affordability without sacrificing access to regional employment hubs.

Comfortable housing proportion

Gallatin households earning $62,247 annually dedicate $858 to rent (16.5% of income) or $699 to mortgage payments on homes valued around $169,400. This leaves 83% of income for savings, food, healthcare, and other priorities—a comfortable proportion for working families.

Gallatin balances affordability and income

Gallatin County offers an underrated relocation option: affordability approaching Fleming's best-in-state ratio (16.5%) combined with median incomes significantly above most rural counties. If you're seeking northern Kentucky's proximity to greater Cincinnati with modest housing burdens, Gallatin's $858 rent and strong 16.5% ratio deliver genuine value.

Affordability Calculator

See how your income compares to housing costs in Gallatin County

$

Rent Burden

16.5%

of gross income

Max Housing (28% Rule)

$1,452

per month

Owner Cost Burden

13.5%

of gross income

You can likely afford the median home in Gallatin County

Median home value is $169,400. Estimated monthly cost: $1,352 vs. your max of $1,452.

Rent Affordability Guide

Your rent-to-income ratio16.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Gallatin County, Kentucky?
Gallatin County, Kentucky has a median monthly rent of $858/mo and a median home value of $169,400. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Gallatin County?
The median gross rent in Gallatin County is $858/mo. This is 11% above state average for Kentucky.
Is Gallatin County affordable?
Gallatin County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Gallatin County's rent compare to the state average?
Gallatin County's median rent of $858/mo is 11% above state average of $771/mo for Kentucky.
What is the median home value in Gallatin County?
The median home value in Gallatin County, Kentucky is $169,400. This is 40% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Gallatin 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 Gallatin 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.