Average Rent in Calloway County, KY↑ Rents rising 5.2% YoY🔺 7th priciest in KY
HUD FY2027 · Official government data · Updated annually · Metro pop. 37,882
Market Overview
Calloway County, KY has rental prices ranging from $848/month to $1,518/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $883/month — 37% below the national average of $1,400/month. With a median household income of $51,854/year, spending $883/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.
How Calloway County Compares
With an average 2-bedroom rent of $1,155/month, Calloway County ranks #7 most expensive of the 107 cities tracked in Kentucky — pricier than 71% of all US cities in our data.
The Calloway County Rental Market
The Calloway County, KY area has a population of about 37,882 and 36% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Calloway County, KY have risen by $57/month (5.2%) over the past year, from $1,098 to $1,155. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Calloway County, KY without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $35,320. The local median household income of $51,854 exceeds that threshold by $16,534, making Calloway County relatively accessible compared to local wages.
Economy & Jobs
Calloway County, KY has an unemployment rate of 5.9%, 2.0 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.
Fair Market Rents
HUD FY2027Is Calloway County, KY Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in KYlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Grant County | $840 | $899 | $1,146 | $1,365 | — |
| Meade County | $799 | $804 | $1,052 | $1,443 | — |
| Lexington | $986 | $1,205 | $1,416 | $1,948 | — |
| Carter County | $745 | $749 | $909 | $1,246 | — |
| Huntington | $858 | $864 | $1,006 | $1,287 | — |
| Clarksville | $1,061 | $1,068 | $1,307 | $1,786 | — |
Rent or Buy in Calloway County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Calloway County data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Calloway County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Calloway CountySalary needed to afford rent here
🗺️All Cities in KYSee how Calloway County ranks statewide
⚖️Compare Calloway CountySide-by-side rent & cost of living with any city
📋KY Tenant RightsDeposit limits, eviction laws & renters protections