Lancaster Heights / Old Armstrong, KY

Neighborhood

Rent in Lancaster Heights / Old Armstrong

Median Gross Rent

$878

Rent-to-Income Ratio

27.0%

Renter Share

25.8%

Avg Household Size

1.5

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 49.6%
$1,000-$1,500: 23.1%
$1,500-$2,000: 17.5%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 9.8%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 30.8%
20-30% (moderate): 35.7%
30-50% (cost-burdened): 7.0%
50%+ (severely cost-burdened): 16.8%
Not Computed: 9.8%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $85,435

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 63.6%
$1,000-$1,500: 26.6%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 9.8%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Lancaster Heights / Old Armstrong

Neighborhood

Scott, KY

Indian Acres / Indian Hills

Paynes Depot / White Sulphur

Great Crossing / The Enclave

Herdon / Paynes Crossing

Wedgewood / Westminster