Elizabethtown, KY at a glance
Median household income
$60,760$5,063 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Elizabethtown, KY?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Elizabethtown, KY? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Elizabethtown, KY HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $841 | $10,092 | $33,640 | 16.6% |
| 1-Bedroom Apartment | $846 | $10,152 | $33,840 | 16.7% |
| 2-Bedroom ApartmentBenchmark | $1,056 | $12,672 | $42,240 | 20.9% |
| 3-Bedroom Home | $1,469 | $17,628 | $58,760 | 29% |
| 4-Bedroom Home | $1,771 | $21,252 | $70,840 | 35% |
What a typical income covers in Elizabethtown, KY
The 50/30/20 rule applied to the local median of $60,760 a year ($5,063 a month before tax).
What $60,760 leaves after Kentucky taxes
Federal income tax, Social Security, Medicare and Kentucky tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Kentucky
Living in Elizabethtown, KY: common questions
What is the median household income in Elizabethtown, KY?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Elizabethtown, KY is $60,760 per year (approximately $5,063 per month).
What is the average rent in Elizabethtown, KY?
The closest official figure is HUD's Fair Market Rent for 2026: $841 for a studio, $846 for one bedroom, $1,056 for two, $1,469 for three and $1,771 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Elizabethtown, KY expensive to live in?
Prices there run 9.4% below the U.S. average. BEA's regional price parity for the metro area is 90.6, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Elizabethtown, KY?
To keep a $1,056 two-bedroom under 30% of gross income, a household needs about $42,240 a year, or $3,520 a month. That is 70% of what the typical household in Elizabethtown, KY earns.
How much do you need to live comfortably in Elizabethtown, KY?
On the local median income of $60,760 ($5,063 a month before tax), the 50/30/20 rule leaves $2,532 a month for needs like rent, utilities and groceries, $1,519 for everything else and $1,013 for savings or debt. A two-bedroom at $1,056 takes 42% of the needs share.
How much is the electric bill in Elizabethtown, KY?
Homes in Kentucky paid 14.3¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $128. Your bill depends mostly on heating and cooling.