Average Rent in Simpson County, KY↑ Rents rising 6.4% YoY🔺 13th priciest in KY

Simpson County, KY has rental prices ranging from $802/month to $1,568/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $984/month — 30% below the national average of $1,400/month. With a median household income of $57,392/year, spending $984/month on a 1-bedroom represents 21% of gross income — within the recommended 30% threshold.

How Simpson County Compares

With an average 2-bedroom rent of $1,122/month, Simpson County ranks #13 most expensive of the 107 cities tracked in Kentucky — pricier than 67% of all US cities in our data.

The Simpson County Rental Market

The Simpson County, KY area has a population of about 19,786 and 34% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Simpson County, KY have risen by $67/month (6.4%) over the past year, from $1,055 to $1,122. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Simpson County, KY without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $39,360. The local median household income of $57,392 exceeds that threshold by $18,032, making Simpson County relatively accessible compared to local wages.

Economy & Jobs

Simpson County, KY has an unemployment rate of 5.3%, 1.4 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 Simpson County, KY Affordable?

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

Rent or Buy in Simpson County?

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

Living in Simpson County

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