CostBy County

Cost of Living in Grayson County, Kentucky

$658/mo
Median Monthly Rent
$164,600
Median Home Value

At a Glance

Median Monthly Rent
$658/mo
17% below state average
Median Home Value
$164,600
51% below national
Census GRAPI
22.4%
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 Grayson County Compares

Median monthly rent comparison

Grayson County$658/mo
Kentucky Average$793/mo
National Median$1,413/mo

Detailed Housing Stats

$658/mo
Median Gross Rent
$164,600
Median Home Value
$646/mo
Monthly Owner Cost
22.4%
Census GRAPI

National Ranking

Affordability Rank

Grayson County ranks #318 of 3,142 counties for affordability (top 10%)

Most AffordableLeast Affordable

Sourced county brief

Grayson County Renter GRAPI Measured at 22.4% in Census Estimates

Grayson County's canonical rent-to-income percentage, reported as the official ACS B25071 GRAPI, was 22.4%. This figure is 4.8 percentage points below the Kentucky unweighted county mean of 27.2%. The median gross rent for the county was estimated at $658 per month, which is lower than the state unweighted county mean of $793. For homeowners, the median selected monthly owner cost for all owner-occupied units was $646, while the median home value was $164,600. The median income for renter households was $32,350 during the 2020-2024 survey period. All metrics presented are based on the ACS 5-Year Estimates and represent a fixed historical snapshot. These statistics describe housing tenure groups separately and should not be combined for aggregate affordability analysis. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Grayson County

Affordability Verdict

ACS B25071 estimates median gross rent at 22.4% of renter household income in Grayson 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 $658 per month; median selected monthly owner costs are $646. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $26,320 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. Grayson County's $658 median is 17.1% below that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Grayson County

$

Rent Burden

15.6%

of gross income

Max Housing (28% Rule)

$1,184

per month

Owner Cost Burden

15.3%

of gross income

The median home in Grayson County may be a stretch

Median home value is $164,600. Estimated monthly cost: $1,314 vs. your max of $1,184.

Rent Affordability Guide

Your entered rent as a share of entered income15.6%
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: $50,757Needed: $26,320
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $50,757Needed: $27,686
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $50,757Needed: $38,307

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 Grayson County, Kentucky?
Grayson County, Kentucky has a median monthly rent of $658/mo and a median home value of $164,600. The affordability rating is Affordable, with median gross rent equal to approximately 22.4% of renter household income.
What is the median rent in Grayson County?
The median gross rent in Grayson County is $658/mo. This is 17% below state average for Kentucky.
Is Grayson County affordable?
Grayson County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 22.4%. Median gross rent is under 30% of renter household income.
How does Grayson County's rent compare to the state average?
Grayson County's median rent of $658/mo is 17% below state average of $793/mo for Kentucky.
What is the median home value in Grayson County?
The median home value in Grayson County, Kentucky is $164,600. This is 51% 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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