Lee County, Kentucky Housing Market
In Lee County, Kentucky, the median home value is $83,900, with a median monthly rent of $603. This places Lee County at #3058 nationally out of 3134 counties by median home value, and #112 within Kentucky.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $889
- Establishments: 138
- BLS QCEW, 2025
Migration Patterns
- Inflow: 1,940 (avg $43,601)
- Outflow: 1,789 (avg $44,141)
- IRS Statistics of Income
🔗 Explore Lee County on Our Sister Sites
Get the complete picture for Lee County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Lee County Compares
| Metric | Lee County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $83,900 | $160,835 | $227,706 |
| Median Gross Rent | $603 | $793 | $968 |
| Owner Occupancy Rate | 77.7% | 73.4% | 73.3% |
| Price/Rent Ratio | 11.6 | 16.6 | 18.7 |
Market Analysis
The median home value in Lee County is 47.8% below the Kentucky state average and 63.2% below the U.S. national average. The median rent of $603/month is 24.0% below the state average.
With a price-to-rent ratio of 11.6, buying a home in Lee County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Lee County has an owner-occupancy rate of 77.7%, compared to 73.4% in Kentucky and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Harper County | Kansas | $83,800 | $690 |
| Gilmer County | West Virginia | $83,800 | $750 |
| Mellette County | South Dakota | $84,100 | $708 |
| Rush County | Kansas | $83,600 | $711 |
| McIntosh County | North Dakota | $84,200 | $608 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| McCreary County | $85,300 | $577 | 74.2% |
| Martin County | $86,900 | $450 | 84.9% |
| Owsley County | $80,100 | $448 | 70.1% |
| Fulton County | $79,100 | $570 | 61.8% |
| Bell County | $89,000 | $592 | 58.8% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).