States › Kentucky › Fort Wright

Is Fort Wright, KY expensive to live in?

CheapRent takes 13 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,20231% lower than U.S. average
💵 Families earn per year (2026)$113,268about $9,439/month · 30% higher than U.S. average
🔑 House price$328,9001% lower than U.S. average

Rent is lower than in 76% 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. Commutes are short, about 19.5 minutes.

How much money do I need?

To rent here comfortably, you should earn about $48,080 a year. That is $23 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 47 of 87 cities from cheapest to most expensive.

Fort Wright
$1,202
$1,848
$1,374
$1,337
$2,306

How much do households earn in Fort Wright?

Under $25k
9.4%
$25k–50k
23.9%
$50k–100k
28.8%
$100k–150k
26.3%
$150k+
11.1%

Share of households by yearly income. 37.4% of households earn $100,000 or more.

Rent by apartment size in Fort Wright

SizeFort WrightU.S. average
1 bedroom$905$1,324
2 bedrooms$1,301$1,509
3 bedrooms$1,681$1,698

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

How expensive is Fort Wright 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 Fort Wright, so the Kentucky figure is shown.

Taxes and bills in Fort Wright

🏛️ Property tax$2,616a year · 0.80% of home value · U.S. $3,119
⚡ Electric bill$174a month (typical) · U.S. $156

Life in Fort Wright

Commute to work19.5 minU.S.: 26.4 min
College degree45.3%U.S.: 35.7%
Own their home70.7%U.S.: 65.2%
Below poverty line3%U.S.: 12.5%
Unemployment3.4%U.S.: 5.2%

Is it cheaper to rent or buy in Fort Wright?

Renting is cheaper right now: about $1,080 a month less.

Renting
$1,202
Owning
$2,282

Owning assumes a typical $328,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $32,890 for the down payment.

Frequently asked questions

What is the average rent in Fort Wright, KY?

Renting in Fort Wright costs a median of about $1,202 a month in 2026, including utilities. The Kentucky median is $1,175.

How much do I need to make to live in Fort Wright?

To keep rent under 30% of income, you need about $48,080 a year, or $23 an hour at a full-time job.

Is Fort Wright cheap or expensive?

Fort Wright is rated Cheap: rent takes 12.7% of the typical household income of $113,268. It ranks 47th cheapest of 87 Kentucky cities we track.

How much are property taxes in Fort Wright?

The median homeowner in Fort Wright pays $2,616 a year in property taxes, about 0.80% of the median home value.

Is Fort Wright 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 Fort Wright?

The median home value in Fort Wright is $328,900, about 2.9 times the typical yearly household income.

5,887 people live in Fort Wright. Numbers are typical (middle) values.