States › Kentucky › Mount Washington

Is Mount Washington, KY expensive to live in?

CheapRent takes 12 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,06140% lower than U.S. average
💵 Families earn per year (2026)$103,794about $8,650/month · 19% higher than U.S. average
🔑 House price$268,20019% lower than U.S. average

Rent is lower than in 84% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (86.1%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $42,440 a year. That is $20 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 29 of 87 cities from cheapest to most expensive.

Mount Washington
$1,061
Murray
$1,104
Burlington
$1,474
Winchester
$1,126
Shelbyville
$1,201
St. Matthews
$1,707
Madisonville
$708

How much do households earn in Mount Washington?

Under $25k
12.1%
$25k–50k
16.7%
$50k–100k
38.5%
$100k–150k
18.6%
$150k+
12.2%

Share of households by yearly income. 30.7% of households earn $100,000 or more.

Rent by apartment size in Mount Washington

SizeMount WashingtonU.S. average
1 bedroom$472$1,324
2 bedrooms$941$1,509
3 bedrooms$1,571$1,698

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

How expensive is Mount Washington 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 Mount Washington, so the Kentucky figure is shown.

Taxes and bills in Mount Washington

🏛️ Property tax$2,361a year · 0.88% of home value · U.S. $3,119
⚡ Electric bill$147a month (typical) · U.S. $156

Life in Mount Washington

Commute to work29.2 minU.S.: 26.4 min
College degree26.1%U.S.: 35.7%
Own their home86.1%U.S.: 65.2%
Below poverty line5.3%U.S.: 12.5%
Unemployment4.6%U.S.: 5.2%

Is it cheaper to rent or buy in Mount Washington?

Renting is cheaper right now: about $800 a month less.

Renting
$1,061
Owning
$1,861

Owning assumes a typical $268,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $26,820 for the down payment.

Frequently asked questions

What is the average rent in Mount Washington, KY?

Renting in Mount Washington costs a median of about $1,061 a month in 2026, including utilities. The Kentucky median is $1,175.

How much do I need to make to live in Mount Washington?

To keep rent under 30% of income, you need about $42,440 a year, or $20 an hour at a full-time job.

Is Mount Washington cheap or expensive?

Mount Washington is rated Cheap: rent takes 12.3% of the typical household income of $103,794. It ranks 29th cheapest of 87 Kentucky cities we track.

How much are property taxes in Mount Washington?

The median homeowner in Mount Washington pays $2,361 a year in property taxes, about 0.88% of the median home value.

Is Mount Washington 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 Mount Washington?

The median home value in Mount Washington is $268,200, about 2.6 times the typical yearly household income.

18,480 people live in Mount Washington. Numbers are typical (middle) values.