Housing in Graves 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 Graves County averages $775/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 28% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Graves County FMR Area are $619 for a studio, $660 for 1‑bedroom, $866 for 2‑bedroom, $1,204 for 3‑bedroom, and $1,311 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $91 increase for a 2-bedroom in Graves County shows a 12% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Graves County was 4.6% in 2024, compared to Kentucky at 5.1% and the national rate of 4.0%.

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Towns near Mayfield

City
County
State
Miles
McCracken
KY
0.0
McCracken
KY
5.8
Graves
KY
9.5
Graves
KY
11.1
Ballard
KY
11.8
McCracken
KY
11.9
Graves
KY
13.7
Graves
KY
13.7
Graves
KY
14.9
Carlisle
KY
16.3
Ballard
KY
16.6
Ballard
KY
17.1
Ballard
KY
20.6
Ballard
KY
20.8
Graves
KY
21.0
Graves
KY
22.9
Carlisle
KY
23.0
Graves
KY
23.5
Carlisle
KY
23.9
Carlisle
KY
24.1
Graves
KY
30.6
Hickman
KY
32.1
Hickman
KY
32.1
Graves
KY
33.0
Graves
KY
34.1
Graves
KY
35.1
Fulton
KY
37.5
Fulton
KY
45.6

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