Floyds Knobs renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Floyds Knobs is about $898 per month. This puts it in the 74th percentile compared to the state average cost of rent, which is $960. Households in Floyds Knobs have a median income of $8,754 per month so the average renter in Floyds Knobs is spending roughly 10% of their earnings on housing.
Nationally, and in Floyds Knobs, home values are the data point most closely correlated with the cost of rent. The median price of a home in Floyds Knobs is $285,522 right now, which is higher than nearby cities, meaning that rents in Floyds Knobs also tend to be higher versus these nearby cities.
Higher rent prices are common in the southwestern parts of Floyds Knobs while lower rent rates are often available in northern areas.
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