Erlanger: Housing & Real Estate
Homes in Erlanger carry a median value of $209,000 (estimated market value runs 7% higher at $223,874), with median rent $970 (1.1× below Kenton County median $1,069; about the same as Kentucky median $967). Homeownership rate: 69.3%. That's 1.2× below the Kenton County median ($244,400); about the same as the Kentucky median ($205,600). Market is warm. Vacancy rate 3.7%. New construction makes up 6.7% of stock. 2 nursing facilities on file. A municipal building code is in effect.
- 2.8× annual income — home value vs. household income (vs Kentucky 3.4×).
- 18.0 years to break even renting at the median (vs Kentucky 18y).
- 4-BR rent is 2.1× a studio — rent gradient by unit size.
- Median rent 28% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $209,000 — 1.0× the Kentucky median ($210,700). Median rent $970/month. homeownership rate 69.3% — above the U.S. share of ~65%.
| Affordability · Home Price To Income | 2.8× |
|---|---|
| Affordability · Home Affordability | affordable |
| Affordability · Rent Pct Income | 15.5% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 34.0% |
| Affordability · Poverty Rate | 13.7% |
| Affordability · Property Tax Pct Income | 2.7% |
| Fair Market Rent · Studio rent | $958 (vs Kentucky $883) |
| Fair Market Rent · One-bedroom rent | $1,051 (at Kentucky median) |
| Fair Market Rent · Two-bedroom rent | $1,353 (vs Kentucky $1,272) |
| Fair Market Rent · Three-bedroom rent | $1,785 (vs Kentucky $1,625) |
| Fair Market Rent · Four-bedroom rent | $1,976 (vs Kentucky $1,891) |
| Fair Market Rent · HUD FMR area | Cincinnati, OH-KY-IN HUD Metro FMR Area |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $223,874 |
| Median Home Value | $209,000 (at Kentucky median) |
| Median Rent | $970 (vs Kentucky $992) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 3.7% |
| Housing Market · New construction (% of stock) | 6.7% |
| Housing Market · Price Appreciation 2Yr | 10.3% |
| Housing Orgs · Total count | 2 |
Sources: IRS BMF NTEE L
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Kentucky median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Kentucky median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Kentucky median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 98.4% (vs Kentucky 96.1%) |
| Broadband · Broadband-capable premises | 8,371 |
| Electricity · Electricity rate (¢/kWh) | 12.79¢/kWh |
| Electricity · Customers | 2077215 |
| Electricity · Revenue Millions | $3,335 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at Kentucky median) |
| Mobile Broadband · 5G mobile coverage | 1.000000000 (at Kentucky median) |
| Mobile Home Parks Detail · County total | 3 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Charging & Mobility
| Ev Charging · Stations | 4 |
|---|---|
| Ev Charging · Public Stations | 3 |
| Ev Charging · L2 Ports | 10 |
| Ev Charging · Dc Fast Ports | 2 |
Sources: DOE AFDC API
Other
| Homeownership Rate | 69.3% (vs Kentucky 56.1%) |
|---|---|
| Median Year Built | 1976 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12