Average Rent in Wolfe County, KY↑ Rents rising 5.0% YoY🔻 5th cheapest in KY

Wolfe County, KY has rental prices ranging from $650/month to $1,270/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $774/month — 45% below the national average of $1,400/month. With a median household income of $29,052/year, spending $774/month on a 1-bedroom represents 32% of gross income — at the boundary of affordability.

How Wolfe County Compares

With an average 2-bedroom rent of $909/month, Wolfe County ranks #103 most expensive of the 107 cities tracked in Kentucky — more affordable than 94% of all US cities in our data.

The Wolfe County Rental Market

The Wolfe County, KY area has a population of about 6,484 and 30% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Wolfe County, KY have risen by $43/month (5.0%) over the past year, from $866 to $909. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Wolfe County, KY without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $30,960. The local median household income of $29,052 falls $1,908 short of that threshold, meaning many residents in Wolfe County are housing cost-burdened by conventional measures.

Economy & Jobs

Wolfe County, KY has an unemployment rate of 9.5%, 5.6 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 Wolfe County, KY Affordable?

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

Rent or Buy in Wolfe County?

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

Living in Wolfe County

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