Average Rent in Allen County, KY↑ Rents rising 2.3% YoY

Allen County, KY has rental prices ranging from $774/month to $1,624/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $779/month — 44% below the national average of $1,400/month. With a median household income of $59,029/year, spending $779/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.

How Allen County Compares

With an average 2-bedroom rent of $1,019/month, Allen County ranks #23 most expensive of the 107 cities tracked in Kentucky — pricier than 51% of all US cities in our data.

The Allen County Rental Market

The Allen County, KY area has a population of about 21,029 and 23% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Allen County, KY have risen by $23/month (2.3%) over the past year, from $996 to $1,019. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Allen County, KY without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $31,160. The local median household income of $59,029 exceeds that threshold by $27,869, making Allen County relatively accessible compared to local wages.

Economy & Jobs

Allen County, KY has an unemployment rate of 4.7%, 0.8 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Is Allen County, KY Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Allen County?

Break-even analysis and mortgage estimates based on local market data.

Living in Allen County

Cost of living, job market, crime rates, and moving cost estimates.