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Payne Gap, KY

Full City Profile · Kentucky · Letcher County County

1.3 /5.0
F Poor
217 Population 94/sq mi density
54°F Avg Temperature 299 sunny days/yr
F
Overall
1.3 / 5.0
Below average overall score based on economy, affordability, safety and education
F
Education
1.3 / 5.0
4.3% bachelor's degree or higher

Housing Overview

Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
180
Median year built: 1985

Ownership vs. Renting

100.0%
Owner-Occupied
0.0%
Renter-Occupied
100%
0%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$719/mo
1 Bedroom
$794/mo
2 Bedroom
$984/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,442/mo

Affordability & Housing Stock

Rent Burden
32.2%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
100.0%

Complete Housing Data

Home Values

Zillow Home Value (ZHVI)$46,276

Rent

FMR Studio$719
FMR 1-Bedroom$794
FMR 2-Bedroom$984
FMR 3-Bedroom$1,277
FMR 4-Bedroom$1,442

Market

Ownership & Stock

Owner-Occupied100.0%
Renter-Occupied0.0%
Homeownership Rate100.0%
Total Housing Units180
Median Year Built1985
Rent Burden32.2%