CostBy County

Cost of Living in Henderson County, Kentucky

$777/mo
Median Monthly Rent
$171,900
Median Home Value

At a Glance

Median Monthly Rent
$777/mo
2% below state average
Median Home Value
$171,900
48% below national
Census GRAPI
28.0%
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 Henderson County Compares

Median monthly rent comparison

Henderson County$777/mo
Kentucky Average$793/mo
National Median$1,413/mo

Detailed Housing Stats

$777/mo
Median Gross Rent
$171,900
Median Home Value
$890/mo
Monthly Owner Cost
28.0%
Census GRAPI

National Ranking

Affordability Rank

Henderson County ranks #1,322 of 3,142 counties for affordability (top 42%)

Most AffordableLeast Affordable

Sourced county brief

Henderson County Median Monthly Owner Costs Reach $890

Median selected monthly owner costs in Henderson County were estimated at $890, which is $137 higher than the Kentucky unweighted county mean of $753. The official ACS B25071 median gross rent as a percentage of household income (GRAPI) is 28.0%. This percentage is 0.8 percentage points above the state unweighted county mean official GRAPI of 27.2%. The median gross rent in the county was recorded at $777, whereas the state unweighted county mean is $793. The median home value in the county was $171,900, which is higher than the state unweighted county mean of $160,835. Renter-households in the county have a median income of $34,350. These data points provide a statistical overview of the county during the 2020-2024 period. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Henderson County

Affordability Verdict

ACS B25071 estimates median gross rent at 28.0% of renter household income in Henderson 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 $777 per month; median selected monthly owner costs are $890. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $31,080 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. Henderson County's $777 median is 2.1% below that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Henderson County

$

Rent Burden

15.8%

of gross income

Max Housing (28% Rule)

$1,373

per month

Owner Cost Burden

18.1%

of gross income

You can likely afford the median home in Henderson County

Median home value is $171,900. Estimated monthly cost: $1,372 vs. your max of $1,373.

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: $58,851Needed: $31,080
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,851Needed: $38,143
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,851Needed: $40,006

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 Henderson County, Kentucky?
Henderson County, Kentucky has a median monthly rent of $777/mo and a median home value of $171,900. The affordability rating is Affordable, with median gross rent equal to approximately 28.0% of renter household income.
What is the median rent in Henderson County?
The median gross rent in Henderson County is $777/mo. This is 2% below state average for Kentucky.
Is Henderson County affordable?
Henderson County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 28.0%. Median gross rent is under 30% of renter household income.
How does Henderson County's rent compare to the state average?
Henderson County's median rent of $777/mo is 2% below state average of $793/mo for Kentucky.
What is the median home value in Henderson County?
The median home value in Henderson County, Kentucky is $171,900. This is 48% 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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