States › Kentucky › Danville

Is Danville, KY expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$97444% lower than U.S. average
💵 Families earn per year (2026)$56,779about $4,732/month · 35% lower than U.S. average
🔑 House price$207,60038% lower than U.S. average

Rent is lower than in 89% of U.S. cities. A typical house costs about 3.7 years of household income. Commutes are short, about 17.3 minutes.

How much money do I need?

To rent here comfortably, you should earn about $38,960 a year. That is $19 an hour at a full-time job.

Is rent cheaper than other Kentucky cities?

Yes. Rent here is cheaper than in most of Kentucky. It is number 20 of 87 cities from cheapest to most expensive.

Danville
$974
Fort Thomas
$1,218
St. Matthews
$1,707
Shelbyville
$1,201
Burlington
$1,474
Murray
$1,104
Mount Washington
$1,061

How much do households earn in Danville?

Under $25k
21.6%
$25k–50k
27.3%
$50k–100k
26.3%
$100k–150k
16.1%
$150k+
3.2%

Share of households by yearly income. 19.3% of households earn $100,000 or more.

Rent by apartment size in Danville

SizeDanvilleU.S. average
Studio$698$1,338
1 bedroom$664$1,324
2 bedrooms$823$1,509
3 bedrooms$911$1,698
4 bedrooms$838$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Danville overall?

Everyday prices in Kentucky overall are 10% below the U.S. average (index 90.2, U.S. = 100).

Housing
64
Goods (food, clothes…)
96
Utilities
75
Other services
97
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Danville, so the Kentucky figure is shown.

Taxes and bills in Danville

🏛️ Property tax$1,844a year · 0.89% of home value · U.S. $3,119
⚡ Electric bill$132a month (typical) · U.S. $156

Life in Danville

Commute to work17.3 minU.S.: 26.4 min
College degree26.5%U.S.: 35.7%
Own their home56.4%U.S.: 65.2%
Below poverty line17.4%U.S.: 12.5%
Unemployment6.6%U.S.: 5.2%

Is it cheaper to rent or buy in Danville?

Renting is cheaper right now: about $466 a month less.

Renting
$974
Owning
$1,440

Owning assumes a typical $207,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $20,760 for the down payment.

Frequently asked questions

What is the average rent in Danville, KY?

Renting in Danville costs a median of about $974 a month in 2026, including utilities. The Kentucky median is $1,175.

How much do I need to make to live in Danville?

To keep rent under 30% of income, you need about $38,960 a year, or $19 an hour at a full-time job.

Is Danville cheap or expensive?

Danville is rated OK: rent takes 20.6% of the typical household income of $56,779. It ranks 20th cheapest of 87 Kentucky cities we track.

How much are property taxes in Danville?

The median homeowner in Danville pays $1,844 a year in property taxes, about 0.89% of the median home value.

Is Danville 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 Danville?

The median home value in Danville is $207,600, about 3.7 times the typical yearly household income.

17,327 people live in Danville. Numbers are typical (middle) values.