Rent in Owen County, KY at a glance
2-bedroom rent (HUD)
$995$11,940 a year · HUD fiscal year 2026From October 1, 2026: $1,022 (+2.7%)How much rent can you afford in Owen County, KY?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Owen County, KY by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $711 | $8,532 | $28,440 | $13.67/hr |
| 1 bedroom | $758 | $9,096 | $30,320 | $14.58/hr |
| 2 bedroomsMost searched | $995 | $11,940 | $39,800 | $19.13/hr |
| 3 bedrooms | $1,329 | $15,948 | $53,160 | $25.56/hr |
| 4 bedrooms | $1,389 | $16,668 | $55,560 | $26.71/hr |
Cost of living in Owen County, KY: income, prices and a budget →
Living and working in Owen County, KY
Rent in Owen County, KY: common questions
How much is rent going up in Owen County, KY in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,022 for a two-bedroom, up 2.7% from $995. A one-bedroom goes from $758 to $781, a studio from $711 to $730.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Owen County, KY?
HUD's Fair Market Rent for 2026 is $758 for a one-bedroom and $995 for a two-bedroom, utilities included. That is $11,940 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Owen County, KY?
To keep a $995 two-bedroom at 30% of gross pay, one full-time worker needs $19.13 an hour, or $39,800 a year. A one-bedroom at $758 takes $14.58 an hour.
How much is a 1, 2 or 3-bedroom apartment in Owen County, KY?
At HUD's 2026 Fair Market Rent: studio $711, one bedroom $758, two $995, three $1,329 and four $1,389 a month.
Is rent affordable in Owen County, KY?
For the typical household, earning $61,134 a year ($5,095 a month, Census ACS), a two-bedroom at $995 takes 19.5% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($995 × 12) ÷ 0.30 = $39,800. Divided by 2,080 working hours, that is $19.13 an hour.