Cost of Living in Lincoln County, Kentucky

$730/mo

Median Monthly Rent

$139,300

Median Home Value

5% below state averageUnaffordable

At a Glance

Median Monthly Rent

$730/mo

5% below state average

Median Home Value

$139,300

51% below national

Rent-to-Income Ratio

27.0%

% 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 Lincoln County Compares

Median monthly rent comparison

Lincoln County$730/mo

Kentucky Average$771/mo

National Median$1,163/mo

Detailed Housing Stats

$730/mo

Median Gross Rent

$139,300

Median Home Value

$597/mo

Monthly Owner Cost

27.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Lincoln County, Kentucky

Lincoln County rent burden near national average

Lincoln County's rent-to-income ratio of 17.2% sits just above Kentucky's state average and reflects healthy housing affordability by national standards. The county's median household income of $50,862 is 32% below the national average, yet housing remains proportionally accessible.

Solidly affordable within Kentucky

Lincoln County's 17.2% rent-to-income ratio nearly matches Kentucky's state average of 17.0%, placing it among the state's middle-tier counties for affordability. At $730 per month, median rent runs slightly below the state average, offering good value for renters.

Better value than Livingston and Lyon

Lincoln County's $730 median rent sits between Lee County's $593 and Livingston's $912, offering a reasonable middle ground for the region. Its 17.2% rent-to-income ratio beats nearly all neighboring counties, making it a solid choice for affordability-conscious renters.

Homeownership carries higher monthly costs

Lincoln County renters pay $730 monthly while homeowners spend $597, though the median home value of $139,300 is substantially higher than neighboring counties. With median household income of $50,862, housing consumes a reasonable 17% of income for renters and roughly 14% for owners.

Lincoln County balances affordability and value

Lincoln County delivers solid rental affordability with median homes valued at $139,300—higher than rural neighbors but lower than wealthier regions. The county's moderate incomes and reasonable housing costs create a balanced option for families prioritizing stability over rapid wealth building.

Affordability Calculator

See how your income compares to housing costs in Lincoln County

Your Annual Household Income

Rent Burden

17.2%

of gross income

Max Housing (28% Rule)

$1,187

per month

Owner Cost Burden

14.1%

of gross income

You can likely afford the median home in Lincoln County

Median home value is $139,300. Estimated monthly cost: $1,112 vs. your max of $1,187.

Rent Affordability Guide

Your rent-to-income ratio17.2%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Lincoln County, Kentucky?

Lincoln County, Kentucky has a median monthly rent of $730/mo and a median home value of $139,300. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.

What is the median rent in Lincoln County?

The median gross rent in Lincoln County is $730/mo. This is 5% below state average for Kentucky.

Is Lincoln County affordable?

Lincoln County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Lincoln County's rent compare to the state average?

Lincoln County's median rent of $730/mo is 5% below state average of $771/mo for Kentucky.

What is the median home value in Lincoln County?

The median home value in Lincoln County, Kentucky is $139,300. This is 51% below the national median home value of $281,900.