Cost of Living in Ohio County, Kentucky

$774/mo
Median Monthly Rent
$113,400
Median Home Value
0% above state averageUnaffordable

At a Glance

Median Monthly Rent
$774/mo
0% above state average
Median Home Value
$113,400
60% below national
Rent-to-Income Ratio
20.0%
% 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 Ohio County Compares

Median monthly rent comparison

Ohio County$774/mo
Kentucky Average$771/mo
National Median$1,163/mo

Detailed Housing Stats

$774/mo
Median Gross Rent
$113,400
Median Home Value
$620/mo
Monthly Owner Cost
20.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Ohio County, Kentucky

Ohio County Sits Right at State Average

Ohio County's rent-to-income ratio of 17.1% matches Kentucky's statewide average almost exactly, with monthly rent at $774 staying close to the state's $771 benchmark. Earning $54,369 annually, Ohio County residents face housing costs that are squarely middle-of-the-road for the state.

Typical Housing Costs Across Kentucky

Ohio County represents the statewide norm—neither an affordability standout nor a high-cost outlier—making it representative of typical Kentucky housing conditions. The county's rent-to-income ratio of 17.1% tracks Kentucky's overall housing burden perfectly.

Mid-Range Pricing Among Regional Peers

Ohio County's $774 rent sits between the bargains of Nicholas County ($654) and Owen County ($775), while its median home value of $113,400 ranks among the lowest in the region. This positions Ohio as affordable but not exceptional compared to immediate neighbors.

Typical Split Between Rent and Ownership

At $54,369 annual income, Ohio County residents devote approximately 17.1% to rent and 13.7% to mortgage costs, leaving sufficient income for other necessities. Homeownership remains accessible at the median value of $113,400 for buyers with standard down payments.

Ohio County Offers Kentucky's Middle Way

If you want typical Kentucky housing costs without venturing into the state's expensive counties, Ohio County delivers straightforward affordability and stability. Compare your current housing burden: if you're paying 25%+ of income toward housing, a move here offers meaningful relief.

Affordability Calculator

See how your income compares to housing costs in Ohio County

$

Rent Burden

17.1%

of gross income

Max Housing (28% Rule)

$1,269

per month

Owner Cost Burden

13.7%

of gross income

You can likely afford the median home in Ohio County

Median home value is $113,400. Estimated monthly cost: $905 vs. your max of $1,269.

Rent Affordability Guide

Your rent-to-income ratio17.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Ohio County, Kentucky?
Ohio County, Kentucky has a median monthly rent of $774/mo and a median home value of $113,400. The affordability rating is Unaffordable, with rent making up approximately 20.0% of median household income.
What is the median rent in Ohio County?
The median gross rent in Ohio County is $774/mo. This is 0% above state average for Kentucky.
Is Ohio County affordable?
Ohio County is rated Unaffordable based on rent-to-income ratio of 20.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Ohio County's rent compare to the state average?
Ohio County's median rent of $774/mo is 0% above state average of $771/mo for Kentucky.
What is the median home value in Ohio County?
The median home value in Ohio County, Kentucky is $113,400. This is 60% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.