Cost of Living in Greenup County, Kentucky

$836/mo
Median Monthly Rent
$135,300
Median Home Value

At a Glance

Median Monthly Rent
$836/mo
8% above state average
Median Home Value
$135,300
52% below national
Rent-to-Income Ratio
25.0%
% 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 Greenup County Compares

Median monthly rent comparison

Greenup County$836/mo
Kentucky Average$771/mo
National Median$1,163/mo

Detailed Housing Stats

$836/mo
Median Gross Rent
$135,300
Median Home Value
$690/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Greenup County ranks #691 of 3,144 counties for affordability (top 22%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Greenup County, Kentucky

Greenup County balances rent and income

Greenup County renters spend 16.8% of income on housing, sitting comfortably below national norms while earning a median of $59,613—stronger than peers like Graves and Grayson. At $836 monthly rent, the county offers reasonable affordability on mid-range wages.

Slightly below Kentucky average

Greenup County's 16.8% rent-to-income ratio edges below Kentucky's 17.0% state average, landing it in the affordability-friendly half of the state's counties. The median rent of $836 exceeds the state average of $771, but local incomes support the higher price.

Mid-tier pricing, solid wages

Greenup County's $836 rent ranks in the middle of this regional cluster, below Hardin County ($947) but above most others, while its $59,613 median income outpaces Graves, Grayson, and Green counties. The county offers balanced housing and earning power.

Sustainable housing costs

Renters pay $836 monthly while homeowners carry $690 against a median household income of $59,613. Housing consumes roughly 17% for renters and 14% for owners—both within manageable ranges for household budgets.

Solid middle ground for relocation

Greenup County combines moderate rents with above-average local incomes for this dataset, offering genuine balance without extreme trade-offs. If you're seeking a Kentucky county with reasonable housing costs and decent earning potential, Greenup merits serious consideration.

Cost of Living Advisory: Greenup County

Affordability Verdict

Greenup County is affordable for renters, with a median gross rent of $836/month representing approximately 16.8% of median household income. The rent burden (GRAPI) stands at 25.0%.

Rent vs. Own

Renters in Greenup County pay $836/month on average, compared to $690/month for homeowners. This market favors buyers by about 17%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $33,440/year. For owner costs at the 28% rule, the required income is roughly $29,571/year. With a median household income of $59,613, most households can comfortably afford rent here. Notably, 25.0% of renter households in Greenup County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Kentucky, Greenup County is more affordable than Barren County by roughly 7% ($836/mo vs $784/mo).

Affordability Calculator

See how your income compares to housing costs in Greenup County

$

Rent Burden

16.8%

of gross income

Max Housing (28% Rule)

$1,391

per month

Owner Cost Burden

13.9%

of gross income

You can likely afford the median home in Greenup County

Median home value is $135,300. Estimated monthly cost: $1,080 vs. your max of $1,391.

Rent Affordability Guide

Your rent-to-income ratio16.8%
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: $59,613Needed: $33,440
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,613Needed: $29,571
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,613Needed: $31,488

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 Greenup County, Kentucky?
Greenup County, Kentucky has a median monthly rent of $836/mo and a median home value of $135,300. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Greenup County?
The median gross rent in Greenup County is $836/mo. This is 8% above state average for Kentucky.
Is Greenup County affordable?
Greenup County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Greenup County's rent compare to the state average?
Greenup County's median rent of $836/mo is 8% above state average of $771/mo for Kentucky.
What is the median home value in Greenup County?
The median home value in Greenup County, Kentucky is $135,300. This is 52% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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