Cost of Living in Washington County, Kentucky

$696/mo
Median Monthly Rent
$168,300
Median Home Value

At a Glance

Median Monthly Rent
$696/mo
10% below state average
Median Home Value
$168,300
40% below national
Rent-to-Income Ratio
30.0%
% 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 Washington County Compares

Median monthly rent comparison

Washington County$696/mo
Kentucky Average$771/mo
National Median$1,163/mo

Detailed Housing Stats

$696/mo
Median Gross Rent
$168,300
Median Home Value
$803/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Washington County ranks #216 of 3,144 counties for affordability (top 7%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Washington County, Kentucky

Washington County: a rare bargain

Washington County boasts a rent-to-income ratio of just 14.0%, one of Kentucky's most affordable—and well below the national average. At $696 monthly rent paired with a median household income of $59,762, renters here pocket nearly 86% of their earnings after paying for shelter.

Most affordable in its class

Washington County's 14.0% rent-to-income ratio ranks among the best in Kentucky, significantly beating the state average of 17.0%. This county consistently outperforms peers on affordability metrics, making it an exceptional value within the commonwealth.

The region's affordability leader

Washington County's $696 rent stands lowest among comparable counties, undercutting Warren ($963), Webster ($774), and Union ($787) by a wide margin. Its 14.0% rent burden makes it the most livable option for budget-conscious households in the area.

Just 14% of income to housing

Washington County residents spend only $696 monthly—14.0% of median household income—on rent, freeing up $4,146 for other needs and savings. Homeowners pay approximately $803 monthly on properties with a median value near $168,300.

Unbeatable affordability awaits

Washington County is the obvious choice if housing affordability tops your relocation priorities—few Kentucky counties can match its 14.0% rent burden. Compare it against Whitley and Wolfe counties if you're seeking the absolute lowest rents in the state.

Cost of Living Advisory: Washington County

Affordability Verdict

Washington County is affordable for renters, with a median gross rent of $696/month representing approximately 14.0% of median household income. The rent burden (GRAPI) stands at 30.0%.

Rent vs. Own

The median rent in Washington County is $696/month, while owner costs run $803/month. Renting saves approximately $107/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $27,840/year. For owner costs at the 28% rule, the required income is roughly $34,414/year. With a median household income of $59,762, most households can comfortably afford rent here. Notably, 30.0% of renter households in Washington County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Washington County sits 8% more expensive than Casey County ($645/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Washington County

$

Rent Burden

14.0%

of gross income

Max Housing (28% Rule)

$1,394

per month

Owner Cost Burden

16.1%

of gross income

You can likely afford the median home in Washington County

Median home value is $168,300. Estimated monthly cost: $1,344 vs. your max of $1,394.

Rent Affordability Guide

Your rent-to-income ratio14.0%
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: $59,762Needed: $27,840
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,762Needed: $34,414
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,762Needed: $39,168

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 Washington County, Kentucky?
Washington County, Kentucky has a median monthly rent of $696/mo and a median home value of $168,300. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Washington County?
The median gross rent in Washington County is $696/mo. This is 10% below state average for Kentucky.
Is Washington County affordable?
Washington County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Washington County's rent compare to the state average?
Washington County's median rent of $696/mo is 10% below state average of $771/mo for Kentucky.
What is the median home value in Washington County?
The median home value in Washington County, Kentucky is $168,300. This is 40% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Washington County, Kentucky? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Washington County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
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.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.