CostBy County

Cost of Living in Gallatin County, Kentucky

$832/mo
Median Monthly Rent
$178,200
Median Home Value

At a Glance

Median Monthly Rent
$832/mo
5% above state average
Median Home Value
$178,200
46% below national
Census GRAPI
23.1%
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 Gallatin County Compares

Median monthly rent comparison

Gallatin County$832/mo
Kentucky Average$793/mo
National Median$1,413/mo

Detailed Housing Stats

$832/mo
Median Gross Rent
$178,200
Median Home Value
$783/mo
Monthly Owner Cost
23.1%
Census GRAPI

National Ranking

Affordability Rank

Gallatin County ranks #1,294 of 3,142 counties for affordability (top 41%)

Most AffordableLeast Affordable

Sourced county brief

Gallatin County Median Renter Income Estimated at $50,156

The median renter-household income in Gallatin County, Kentucky, was estimated at $50,156, according to the 2020-2024 ACS 5-Year Estimates. In terms of affordability, the official median gross rent as a percentage of household income (GRAPI) was 23.1%, which is 4.1 percentage points lower than the state unweighted county mean of 27.2%. Median gross rent for the county was $832 per month, above the state unweighted county mean of $793. For homeowners, the median home value was $178,200, which is higher than the state unweighted county mean of $160,835. Median selected monthly owner costs were $783, slightly above the state unweighted county mean of $753. These values provide a fixed look at housing-related costs and income in the county during the surveyed period. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Gallatin County

Affordability Verdict

ACS B25071 estimates median gross rent at 23.1% of renter household income in Gallatin 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 $832 per month; median selected monthly owner costs are $783. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $33,280 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. Gallatin County's $832 median is 4.9% above that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Gallatin County

$

Rent Burden

15.8%

of gross income

Max Housing (28% Rule)

$1,478

per month

Owner Cost Burden

14.8%

of gross income

You can likely afford the median home in Gallatin County

Median home value is $178,200. Estimated monthly cost: $1,423 vs. your max of $1,478.

Rent Affordability Guide

Your entered rent as a share of entered income15.8%
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: $63,346Needed: $33,280
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $63,346Needed: $33,557
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $63,346Needed: $41,472

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 Gallatin County, Kentucky?
Gallatin County, Kentucky has a median monthly rent of $832/mo and a median home value of $178,200. The affordability rating is Affordable, with median gross rent equal to approximately 23.1% of renter household income.
What is the median rent in Gallatin County?
The median gross rent in Gallatin County is $832/mo. This is 5% above state average for Kentucky.
Is Gallatin County affordable?
Gallatin County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 23.1%. Median gross rent is under 30% of renter household income.
How does Gallatin County's rent compare to the state average?
Gallatin County's median rent of $832/mo is 5% above state average of $793/mo for Kentucky.
What is the median home value in Gallatin County?
The median home value in Gallatin County, Kentucky is $178,200. This is 46% 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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