salaryRent is lower than in 69% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (77.1%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $51,880 a year. That is $25 an hour at a full-time job.
Is rent cheaper than other Kentucky cities?
No. Rent here is more expensive than in most of Kentucky. It is number 57 of 87 cities from cheapest to most expensive.
How much do households earn in Crestwood?
Share of households by yearly income. 42.8% of households earn $100,000 or more.
Rent by apartment size in Crestwood
| Size | Crestwood | U.S. average |
|---|---|---|
| 1 bedroom | $764 | $1,324 |
| 2 bedrooms | $1,247 | $1,509 |
| 3 bedrooms | $1,878 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Crestwood overall?
Everyday prices in Kentucky overall are 10% below the U.S. average (index 90.2, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Crestwood, so the Kentucky figure is shown.
Taxes and bills in Crestwood
Life in Crestwood
Is it cheaper to rent or buy in Crestwood?
Renting is cheaper right now: about $1,050 a month less.
Owning assumes a typical $338,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $33,820 for the down payment.
Frequently asked questions
What is the average rent in Crestwood, KY?
Renting in Crestwood costs a median of about $1,297 a month in 2026, including utilities. The Kentucky median is $1,175.
How much do I need to make to live in Crestwood?
To keep rent under 30% of income, you need about $51,880 a year, or $25 an hour at a full-time job.
Is Crestwood cheap or expensive?
Crestwood is rated Cheap: rent takes 13.4% of the typical household income of $116,528. It ranks 57th cheapest of 87 Kentucky cities we track.
How much are property taxes in Crestwood?
The median homeowner in Crestwood pays $2,759 a year in property taxes, about 0.82% of the median home value.
Is Crestwood more expensive than the national average?
Overall prices in Kentucky are 10% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Crestwood?
The median home value in Crestwood is $338,200, about 2.9 times the typical yearly household income.
6,356 people live in Crestwood. Numbers are typical (middle) values.