Average Rent in Wolfe County, KY↑ Rents rising 2.0% YoY🔻 2nd cheapest in KY

Wolfe County, KY has rental prices ranging from $624/month to $1,194/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $682/month — 51% below the national average of $1,400/month. With a median household income of $29,052/year, spending $682/month on a 1-bedroom represents 28% of gross income — within the recommended 30% threshold.

How Wolfe County Compares

With an average 2-bedroom rent of $867/month, Wolfe County ranks #97 most expensive of the 98 cities tracked in Kentucky — more affordable than 90% 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 $17/month (2.0%) over the past year, from $850 to $867. 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 $27,280. The local median household income of $29,052 exceeds that threshold by $1,772, making Wolfe County relatively accessible compared to local wages.

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.