Average Rent in Nelson County, KY↑ Rents rising 0.6% YoY

Nelson County, KY has rental prices ranging from $777/month to $1,587/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $781/month — 44% below the national average of $1,400/month. With a median household income of $67,888/year, spending $781/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.

How Nelson County Compares

With an average 2-bedroom rent of $1,022/month, Nelson County ranks #22 most expensive of the 107 cities tracked in Kentucky — pricier than 51% of all US cities in our data.

The Nelson County Rental Market

The Nelson County, KY area has a population of about 47,102 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 Nelson County, KY have risen by $6/month (0.6%) over the past year, from $1,016 to $1,022. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Nelson County, KY without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $31,240. The local median household income of $67,888 exceeds that threshold by $36,648, making Nelson County relatively accessible compared to local wages.

Economy & Jobs

Nelson County, KY has an unemployment rate of 5.1%, 1.2 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 Nelson County, KY Affordable?

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

Rent or Buy in Nelson County?

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

Living in Nelson County

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