Rent in Rowan County, KY at a glance
2-bedroom rent (HUD)
$911$10,932 a year · HUD fiscal year 2026From October 1, 2026: $977 (+7.2%)How much rent can you afford in Rowan 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 Rowan 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 | $628 | $7,536 | $25,120 | $12.08/hr |
| 1 bedroom | $735 | $8,820 | $29,400 | $14.13/hr |
| 2 bedroomsMost searched | $911 | $10,932 | $36,440 | $17.52/hr |
| 3 bedrooms | $1,156 | $13,872 | $46,240 | $22.23/hr |
| 4 bedrooms | $1,528 | $18,336 | $61,120 | $29.38/hr |
Cost of living in Rowan County, KY: income, prices and a budget →
Living and working in Rowan County, KY
Rent in Rowan County, KY: common questions
How much is rent going up in Rowan County, KY in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $977 for a two-bedroom, up 7.2% from $911. A one-bedroom goes from $735 to $791, a studio from $628 to $701.
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 Rowan County, KY?
HUD's Fair Market Rent for 2026 is $735 for a one-bedroom and $911 for a two-bedroom, utilities included. That is $10,932 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 Rowan County, KY?
To keep a $911 two-bedroom at 30% of gross pay, one full-time worker needs $17.52 an hour, or $36,440 a year. A one-bedroom at $735 takes $14.13 an hour.
How much is a 1, 2 or 3-bedroom apartment in Rowan County, KY?
At HUD's 2026 Fair Market Rent: studio $628, one bedroom $735, two $911, three $1,156 and four $1,528 a month.
Is rent affordable in Rowan County, KY?
For the typical household, earning $54,321 a year ($4,527 a month, Census ACS), a two-bedroom at $911 takes 20.1% 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: ($911 × 12) ÷ 0.30 = $36,440. Divided by 2,080 working hours, that is $17.52 an hour.