Cumberland County, Kentucky Housing Market Prices
Cumberland County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 26% below the Kentucky median$87,499
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Median rent 46% below the Kentucky median Among the top 5 cheapest counties in Kentucky$523
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cumberland County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $87,499 | $118,017 | $248,835 |
| Price Trend (Annual %) | 13.0% | 3.8% | 7.5% |
| Median Gross Rent | $523 | $967 | $1,407 |
| Rent Trend (Annual %) | 4.3% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cumberland County is about 26% lower than in Kentucky. Rent is about 46% lower than the Kentucky average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Cumberland County, up about 13.0% and 4.3% a year respectively. Home prices are changing faster.
Median rent in Cumberland County rose about 15.2% between 2015 and 2024, from $454 to $523. Over the same span, rent in Kentucky rose about 43.3%.
Affordability
On average, housing unit costs 2.2 yearly household incomes in Cumberland County.
Buying the median-priced home in Cumberland County costs roughly 13.9 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Cumberland County. The price-to-rent ratio in Kentucky is about 10.2.
| Metric | Cumberland County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $87,499 | $118,017 | $248,835 |
| Median Household Income | $39,999 | $64,312 | $80,455 |
| Price-to-Income Ratio | 2.2 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cumberland County rose about 69.9%, while median household income rose about 40.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Cumberland County | Kentucky Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.3% | 61.3% | 58.5% |
| Rental Rate | 18.9% | 28.4% | 31.2% |
| Vacancy Rate | 22.7% | 10.3% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Cumberland County has a homeownership rate of 58.3%, lower than the Kentucky average of 61.3%. Its housing vacancy rate is 22.7%, compared with 10.3% in Kentucky.
Housing Stock
| Metric | Cumberland County | Kentucky Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.23 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1986 | 1981 | 1978 |
| Median Number of Rooms | 5.3 | 5.7 | 5.5 |
The typical housing unit in Cumberland County was built around 1986. On average, 2.2 people live in a home with about 5.3 rooms, staying for about 17.0 years on average.
Cumberland County, KY Housing Compared With Nearby Counties
How Cumberland County, KY compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cumberland County, KY | 5,948 | $87,499 #1/2 | $523 #2/2 | 75.5% #2/2 |
| Adair County, KY | 19,089 | $19,564 | $771 | 77.2% |
Frequently Asked Questions
Common questions about the housing market in Cumberland County, Kentucky.
What is the median home price in Cumberland County, Kentucky?
The median home price in Cumberland County, Kentucky is $87,499, lower than the Kentucky average of $118,017.
What is the average home price in Cumberland County, Kentucky?
The typical home price in Cumberland County, Kentucky, reported as the median sale price, is $87,499. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Cumberland County, Kentucky?
The median gross rent in Cumberland County, Kentucky is $523 per month, lower than the Kentucky average of $967.
What was the median gross rent in Cumberland County in 2020?
In 2020, the median gross rent in Cumberland County, Kentucky was $466 per month.
What is the price-to-rent ratio in Cumberland County, Kentucky?
The price-to-rent ratio in Cumberland County, Kentucky is about 13.9, meaning it would take roughly 13.9 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Cumberland County.
Are home prices or rent rising faster in Cumberland County, Kentucky?
Both home prices and rent are rising in Cumberland County, up about 13.0% and 4.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Cumberland County, Kentucky?
58.3% of households in Cumberland County, Kentucky own their home, lower than the Kentucky average of 61.3%.
What is the vacancy rate in Cumberland County, Kentucky?
The housing vacancy rate in Cumberland County, Kentucky is 22.7%, higher than the Kentucky average of 10.3%.
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