Kenton County, Kentucky Housing Market Prices
Kenton 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 8% above the Kentucky median$127,436
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Median rent 11% above the Kentucky median More expensive than 93% of counties in Kentucky$1,068
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Kenton County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $127,436 | $118,017 | $248,835 |
| Price Trend (Annual %) | 5.0% | 3.8% | 7.5% |
| Median Gross Rent | $1,068 | $967 | $1,407 |
| Rent Trend (Annual %) | 4.5% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Kenton County is about 8% higher than in Kentucky. Rent is about 11% higher 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 Kenton County, up about 5.0% and 4.5% a year respectively. Home prices are changing faster.
Median rent in Kenton County rose about 43.2% between 2015 and 2024, from $746 to $1,068. Over the same span, rent in Kentucky rose about 43.3%.
Affordability
On average, housing unit costs 1.6 yearly household incomes in Kenton County.
Buying the median-priced home in Kenton County costs roughly 9.9 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 Kenton County. The price-to-rent ratio in Kentucky is about 10.2.
| Metric | Kenton County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Home Price | $127,436 | $118,017 | $248,835 |
| Median Household Income | $81,725 | $64,312 | $80,455 |
| Price-to-Income Ratio | 1.6 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Kenton County rose about 28.2%, while median household income rose about 42.8% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Kenton County | Kentucky Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.1% | 61.3% | 58.5% |
| Rental Rate | 26.9% | 28.4% | 31.2% |
| Vacancy Rate | 8.0% | 10.3% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Kenton County has a homeownership rate of 65.1%, higher than the Kentucky average of 61.3%. Its housing vacancy rate is 8.0%, compared with 10.3% in Kentucky.
Housing Stock
| Metric | Kenton County | Kentucky Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.51 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1973 | 1981 | 1978 |
| Median Number of Rooms | 6.0 | 5.7 | 5.5 |
The typical housing unit in Kenton County was built around 1973. On average, 2.5 people live in a home with about 6.0 rooms, staying for about 14.0 years on average.
Kenton County, KY Housing Compared With Nearby Counties
Kenton County, KY is the 2nd largest of the 5 counties compared here, 171,173 residents against a local median of 116,610. The measure that sets Kenton County, KY apart most is median home price: $127,436, 16% below the local median of $151,200.
The counties themselves spread $78,195 on median home price, so Kenton County, KY sits at one end of an already wide local range rather than apart from it. Kenton County, KY has the 5th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Kenton County, KY | 171,173 | $127,436 #5/5 | $1,068 #4/5 | 70.8% #4/5 |
| Campbell County, KY | 93,398 | $210,628 | $1,144 | 71.1% |
| Boone County, KY | 139,822 | $161,197 | $1,372 | 76.3% |
| Hamilton County, OH | 829,354 | $132,433 | $1,075 | 59.3% |
| Grant County, KY | 25,418 | $141,203 | $861 | 75.1% |
Frequently Asked Questions
Common questions about the housing market in Kenton County, Kentucky.
What is the median home price in Kenton County, Kentucky?
The median home price in Kenton County, Kentucky is $127,436, higher than the Kentucky average of $118,017.
What is the average home price in Kenton County, Kentucky?
The typical home price in Kenton County, Kentucky, reported as the median sale price, is $127,436. 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 Kenton County, Kentucky?
The median gross rent in Kenton County, Kentucky is $1,068 per month, higher than the Kentucky average of $967.
What was the median gross rent in Kenton County in 2020?
In 2020, the median gross rent in Kenton County, Kentucky was $821 per month.
What is the price-to-rent ratio in Kenton County, Kentucky?
The price-to-rent ratio in Kenton County, Kentucky is about 9.9, meaning it would take roughly 9.9 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 Kenton County.
Are home prices or rent rising faster in Kenton County, Kentucky?
Both home prices and rent are rising in Kenton County, up about 5.0% and 4.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Kenton County, Kentucky?
65.1% of households in Kenton County, Kentucky own their home, higher than the Kentucky average of 61.3%.
What is the vacancy rate in Kenton County, Kentucky?
The housing vacancy rate in Kenton County, Kentucky is 8.0%, lower than the Kentucky average of 10.3%.
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