States › Kentucky › Erlanger

Is Erlanger, KY expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,22630% lower than U.S. average
💵 Families earn per year (2026)$81,793about $6,816/month · 6% lower than U.S. average
🔑 House price$209,00037% lower than U.S. average

Rent is lower than in 74% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $49,040 a year. That is $24 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 51 of 87 cities from cheapest to most expensive.

Erlanger
$1,226
Madisonville
$708
Winchester
$1,126
Ashland
$1,071
Mount Washington
$1,061
Murray
$1,104
Burlington
$1,474

How much do households earn in Erlanger?

Under $25k
10.6%
$25k–50k
22.6%
$50k–100k
36.3%
$100k–150k
15.3%
$150k+
11.3%

Share of households by yearly income. 26.6% of households earn $100,000 or more.

Rent by apartment size in Erlanger

SizeErlangerU.S. average
Studio$712$1,338
1 bedroom$838$1,324
2 bedrooms$1,062$1,509
3 bedrooms$1,377$1,698
4 bedrooms$1,230$2,098

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

How expensive is Erlanger 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 Erlanger, so the Kentucky figure is shown.

Taxes and bills in Erlanger

🏛️ Property tax$2,017a year · 0.97% of home value · U.S. $3,119
⚡ Electric bill$151a month (typical) · U.S. $156

Life in Erlanger

Commute to work21.2 minU.S.: 26.4 min
College degree32.1%U.S.: 35.7%
Own their home69.3%U.S.: 65.2%
Below poverty line13.7%U.S.: 12.5%
Unemployment4.3%U.S.: 5.2%

Is it cheaper to rent or buy in Erlanger?

Renting is cheaper right now: about $224 a month less.

Renting
$1,226
Owning
$1,450

Owning assumes a typical $209,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $20,900 for the down payment.

Frequently asked questions

What is the average rent in Erlanger, KY?

Renting in Erlanger costs a median of about $1,226 a month in 2026, including utilities. The Kentucky median is $1,175.

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

To keep rent under 30% of income, you need about $49,040 a year, or $24 an hour at a full-time job.

Is Erlanger cheap or expensive?

Erlanger is rated Cheap: rent takes 18.0% of the typical household income of $81,793. It ranks 51st cheapest of 87 Kentucky cities we track.

How much are property taxes in Erlanger?

The median homeowner in Erlanger pays $2,017 a year in property taxes, about 0.97% of the median home value.

Is Erlanger 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 Erlanger?

The median home value in Erlanger is $209,000, about 2.6 times the typical yearly household income.

19,875 people live in Erlanger. Numbers are typical (middle) values.