Cost of Living in Leslie County, Kentucky

$520/mo
Median Monthly Rent
$74,100
Median Home Value

At a Glance

Median Monthly Rent
$520/mo
33% below state average
Median Home Value
$74,100
74% below national
Rent-to-Income Ratio
31.0%
% 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 Leslie County Compares

Median monthly rent comparison

Leslie County$520/mo
Kentucky Average$771/mo
National Median$1,163/mo

Detailed Housing Stats

$520/mo
Median Gross Rent
$74,100
Median Home Value
$452/mo
Monthly Owner Cost
31.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Leslie County ranks #66 of 3,144 counties for affordability (top 2%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Leslie County, Kentucky

Leslie County rents stay well below national stress

Leslie County's rent-to-income ratio of 15.5% sits comfortably below the national median household income burden, and renters here spend less of their paycheck on housing than most Americans. However, Leslie's median household income of $40,176 remains 46% below the national average of $74,755.

One of Kentucky's most affordable counties

Leslie County ranks among Kentucky's most housing-affordable counties, with a 15.5% rent-to-income ratio that beats the state average of 17.0%. At just $520 per month, median rent is the lowest in the state and $251 below Kentucky's average.

Leslie leads region in rental affordability

Leslie County's $520 median rent is the cheapest among neighboring Appalachian counties—$73 less than Lee County and $131 below Letcher. Combined with reasonable local incomes, Leslie offers the best rent affordability ratio in this cluster.

Strong value for renters and buyers alike

Renters pay $520 monthly while homeowners spend $452, making Leslie one of the few counties where ownership is more affordable than renting. With a median home value of just $74,100 and median household income of $40,176, housing remains accessible for working families.

Leslie County: Appalachia's affordability leader

If rock-bottom housing costs are your priority, Leslie County delivers—among the nation's cheapest rents and home values. Verify local job opportunities align with your skills before committing, as the county's limited economic diversity is reflected in modest household incomes.

Cost of Living Advisory: Leslie County

Affordability Verdict

Housing in Leslie County is affordable. The median rent is $520/month against a median household income of $40,176, putting rent at 15.5% of income.

Rent vs. Own

The median rent in Leslie County is $520/month, while owner costs run $452/month. Owning saves approximately $68/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $20,800/year. For owner costs at the 28% rule, the required income is roughly $19,371/year. With a median household income of $40,176, most households can comfortably afford rent here. Notably, 31.0% of renter households in Leslie County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Kentucky, Leslie County is less affordable than McCreary County by roughly 12% ($520/mo vs $588/mo).

Affordability Calculator

See how your income compares to housing costs in Leslie County

$

Rent Burden

15.5%

of gross income

Max Housing (28% Rule)

$937

per month

Owner Cost Burden

13.5%

of gross income

You can likely afford the median home in Leslie County

Median home value is $74,100. Estimated monthly cost: $592 vs. your max of $937.

Rent Affordability Guide

Your rent-to-income ratio15.5%
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: $40,176Needed: $20,800
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $40,176Needed: $19,371
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $40,176Needed: $17,245

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 Leslie County, Kentucky?
Leslie County, Kentucky has a median monthly rent of $520/mo and a median home value of $74,100. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.
What is the median rent in Leslie County?
The median gross rent in Leslie County is $520/mo. This is 33% below state average for Kentucky.
Is Leslie County affordable?
Leslie County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Leslie County's rent compare to the state average?
Leslie County's median rent of $520/mo is 33% below state average of $771/mo for Kentucky.
What is the median home value in Leslie County?
The median home value in Leslie County, Kentucky is $74,100. This is 74% 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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