Kentucky

Ranked #11 of 51 for housing affordability

70Affordable

Median Home Price

🏠

$210K

3.8x income

Median Rent

🔑

$900

28.5% rent-burdened

Median Income

💰

$56K

Population: 4,512,310

Homeownership

🏡

67.3%

3,621 experiencing homelessness

Housing Shortage

📉

40,000

units needed

Building Permits (2024)

🔨

15,000

Price-to-Income

📊

3.8x

Severe Rent Burden

⚠️

13.5%

paying >50% of income

Rent Burden Breakdown

vs. National Average

Metros in Kentucky

MetroScoreHome PriceRentIncomeRent Burden
Louisville62$255K$1K$58K29.5%
Lexington58$280K$1K$59K30.0%

Housing Policies

Kentucky Housing Corporation programslow-income housing tax credits