Average Rent in Henderson County, KY↓ Rents falling 4.2% YoY🔻 5th cheapest in KY
HUD FY2027 · Official government data · Updated annually · Metro pop. 44,493
Market Overview
Henderson County, KY has rental prices ranging from $787/month to $1,366/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $792/month — 43% below the national average of $1,400/month. With a median household income of $58,239/year, spending $792/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.
How Henderson County Compares
With an average 2-bedroom rent of $909/month, Henderson County ranks #103 most expensive of the 107 cities tracked in Kentucky — more affordable than 94% of all US cities in our data.
The Henderson County Rental Market
The Henderson County, KY area has a population of about 44,493 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 Henderson County, KY have fallen by $40/month (4.2%) over the past year, from $949 to $909. This slight decline is consistent with broader market corrections seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Henderson County, KY without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $31,680. The local median household income of $58,239 exceeds that threshold by $26,559, making Henderson County relatively accessible compared to local wages.
Fair Market Rents
HUD FY2027Is Henderson 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 Henderson County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Henderson County data
Renting appears to be the better financial choice for this scenario.
Living in Henderson County
Cost of living, job market, crime rates, and moving cost estimates.
Moving Cost Estimator
Estimate your moving costs based on FMCSA public mover data
Select your origin state to see the estimate
Frequently Asked Questions
Explore More
Compare rent & home prices by neighborhood
💵Rent Affordability in Henderson CountySalary needed to afford rent here
🗺️All Cities in KYSee how Henderson County ranks statewide
⚖️Compare Henderson CountySide-by-side rent & cost of living with any city
📋KY Tenant RightsDeposit limits, eviction laws & renters protections