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Garrard County Housing Market

Kentucky · 120 counties · Ranked #1751 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$186,800

vs national$186,800 vs $281,900 national

Median Gross Rent

$793/mo

vs national$793 vs $1,163 national

Effective Tax Rate

0.72%

vs national0.72% vs 1.02% national

Median Household Income

$62,572

vs national$62,572 vs $74,755 national

Affordability Ratio

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,344

Tax as % of Home Value

0.72%

Monthly Owner Cost

$891

Renter Income

$35,793

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Frequently Asked Questions

What is the median home value in Garrard County?

The median home value in Garrard County is $186,800. This is below the national median of $281,900.

How much is rent in Garrard County?

The median gross rent in Garrard County is $793 per month.

What is the property tax rate in Garrard County?

The effective property tax rate in Garrard County is 0.72%. The median annual property tax bill is $1,344.

Is Garrard County affordable?

With a home-value-to-income ratio of 3x, Garrard County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.