Average Rent in Knott County, KY↑ Rents rising 13.5% YoY

Knott County, KY has rental prices ranging from $702/month to $1,374/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $784/month — 44% below the national average of $1,400/month. With a median household income of $37,736/year, spending $784/month on a 1-bedroom represents 25% of gross income — within the recommended 30% threshold.

How Knott County Compares

With an average 2-bedroom rent of $983/month, Knott County ranks #31 most expensive of the 107 cities tracked in Kentucky — more affordable than 73% of all US cities in our data.

The Knott County Rental Market

The Knott County, KY area has a population of about 14,046 and 29% 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 Knott County, KY have risen by $117/month (13.5%) over the past year, from $866 to $983. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Knott County, KY without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $31,360. The local median household income of $37,736 exceeds that threshold by $6,376, making Knott County relatively accessible compared to local wages.

Economy & Jobs

Knott County, KY has an unemployment rate of 7.3%, 3.4 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 Knott County, KY Affordable?

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

Rent or Buy in Knott County?

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

Living in Knott County

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