Owensboro
Kentucky · Ranked #75 of 373 metros
88Affordable
💡
Housing in Owensboro costs 3.17× the median income, below the national average of 4.5×. The median home price is $196K and median rent is $883/month. Owensboro ranks #75 of 373 metros for affordability.
Median Home Price
🏠$196K
Need $58K income
Median Rent
🔑$883
Need $35K income
Building Permits
🔨230
annual
Median Income
💰$62K
Pop: 115,909
Rent Burden
⚠️14.5%
of renters paying >30%
Homeownership
🏡64.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Owensboro | National |
|---|---|---|
| Price-to-Income Ratio | 3.17x | 6.1x |
| Rent Burden | 14.5% | 31.5% |
| Homeownership Rate | 64.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +54.4%Since 2000: +141.5%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$840/mo
1 Bedroom$846/mo
2 Bedroom$1,110/mo
3 Bedroom$1,466/mo
4 Bedroom$1,470/mo
Zillow Market Data
Home Value (ZHVI)
$205K
1yr: +1.2%5yr: +33.5%
Rent (ZORI)
$1,327/mo
1yr: +4.7%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$228K
Active Inventory
6
Days on Market
133
Sold Above List
0.0%