Housing in Carter County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Carter County averages $740/month for a 2‑bedroom in 2024, compared to the Kentucky median of $967 and the national median of $1,413. Local renters spend approximately 32% of household income on rent, equal to the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Carter County FMR Area are $698 for a studio, $703 for 1‑bedroom, $866 for 2‑bedroom, $1,204 for 3‑bedroom, and $1,254 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $126 increase for a 2-bedroom in Carter County shows a 17% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Carter County was 8.3% in 2024, compared to Kentucky at 5.1% and the national rate of 4.0%.

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Towns near Grahn

City
County
State
Miles
Boyd
KY
0.0
Greenup
KY
5.2
Boyd
KY
6.4
Greenup
KY
7.4
Greenup
KY
9.3
Boyd
KY
12.6
Greenup
KY
13.5
Greenup
KY
15.4
Carter
KY
18.6
Carter
KY
19.2
Carter
KY
21.7
Lawrence
KY
22.7
Greenup
KY
23.0
Carter
KY
23.3
Lawrence
KY
25.5
Greenup
KY
25.8
Carter
KY
26.5
Carter
KY
26.7
Carter
KY
30.0
Lawrence
KY
32.7
Elliott
KY
33.3
Lawrence
KY
35.8
Lawrence
KY
36.7
Elliott
KY
36.7
Carter
KY
37.5
Lawrence
KY
37.7

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