In Burlington, a typical home is worth $254,300 and typical rent is $1,489 a month. Compared with all of Boone County, typical household income is 10% higher and typical rent is 8% higher.
Typical home value from Zillow, September 2021 to September 2026: from $267,650 to $329,715.
Typical rent
$2,149a month
Typical rent from Zillow, December 2025 to September 2026: from $2,115 to $2,149.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Burlington is in Boone County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Boone County. See the county
What this place has that others do not, from public data, most unusual first.
1
Burlington has the 4th highest typical household income of the 85 cities in Kentucky with more than 5,000 people ($109,308).
2
Nearby, in Florence, the typical home value is $210,700: 17% less than in Burlington ($254,300).
3
According to Zillow, in the 12 months to September 2026 the typical home value in Burlington rose 3%; in Kentucky, it barely changed.
4
Burlington has the 7th highest typical rent of the 85 cities in Kentucky with more than 5,000 people ($1,489).
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Burlington
What homes there are in Burlington, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Burlington
Boone County
Kentucky
United States
Kind of home: Burlington and its comparisons
Measure
Burlington
Boone County
Kentucky
United States
Detached house
69%
68%
68%
61%
Attached house
10%
6%
3%
6%
Building of 2 to 4
2%
3%
7%
8%
Apartments (5 or more)
Unreliable estimate
19%
12%
19%
Mobile home
Unreliable estimate
4%
11%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
As in Boone County, most homes in Burlington are detached houses (69%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Burlington
Boone County
Kentucky
United States
Year built: Burlington and its comparisons
Measure
Burlington
Boone County
Kentucky
United States
Before 1960
Unreliable estimate
9%
22%
26%
1960–1979
15%
17%
26%
24%
1980–1999
38%
33%
28%
25%
2000–2009
35%
27%
15%
14%
2010 or later
12%
15%
11%
11%
In Burlington, half of the homes were built before 1998; in Boone County, before 1996.
Much as in Boone County, 69% of homes in Burlington have 3 bedrooms or more.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K24%
$200K–$300K40%
$300K–$500K27%
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Burlington and its comparisons
Measure
Burlington
Under $100K
Unreliable estimate
$100K–$200K
24%
$200K–$300K
40%
$300K–$500K
27%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99924%
$1,000–$1,49926%
$1,500–$1,99937%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Burlington and its comparisons
Measure
Burlington
Under $500
Unreliable
$500–$999
24%
$1,000–$1,499
26%
$1,500–$1,999
37%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
With a mortgage
$1,629 a month
Boone County: $1,656 a month
Without a mortgage
$549 a month
Boone County: $582 a month
Owners with a mortgage
77%
Boone County: 70%
The typical cost for an owner with a mortgage in Burlington is $1,629 a month, near the figure in Boone County ($1,656).
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Burlington+51%
Boone County+46%
Kentucky+46%
United States+53%
Typical rent
Burlington+51%
Boone County+39%
Kentucky+27%
United States+33%
Typical household income
Burlington+49%
Boone County+27%
Kentucky+26%
United States+29%
Change since 2015–2019: Burlington and its comparisons
Measure
Burlington
Boone County
Kentucky
United States
Typical home value
+51%
+46%
+46%
+53%
Typical rent
+51%
+39%
+27%
+33%
Typical household income
+49%
+27%
+26%
+29%
Since 2015–2019, homes in Burlington gained value faster than in Boone County: 51% against 46%.
The typical rent in Burlington rose 51% over the same time; in Boone County, it rose 39%.
While home values in Burlington changed +51% and rent +51%, the typical household income rose 49%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Burlington and its comparisons
Measure
Burlington
Boone County
Kentucky
United States
Rental vacancy
Unreliable estimate
4.3%
4.6%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.9%
0.9%
More than one person per room
Unreliable estimate
2.3%
2.0%
3.4%
People per household
2.61
2.72
2.43
2.53
Drive alone
78%
77%
77%
69%
Carpool
5%
7%
9%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
0%
2%
3%
Work from home
13%
13%
10%
15%
Other means
Unreliable estimate
2%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
By size, households in Burlington look like those in Boone County: 2.61 people on average.
To get to work, 78% of workers in Burlington drive alone; in Boone County, 77%.
Do the math
What would you pay each month for a home in Burlington?
A typical home is within reach of the typical income
We start with a typical home in Burlington, worth $254,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 23% of the typical household income in Burlington, which is $109,308 a year.
The calculator's FHA and conventional loan limits are those of all of Boone County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Burlington. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $8,901 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$2,082
at 7.18% · 30 years
Loan amount
$249,693
Total interest
$359,250
Paid off in
November 2056
Includes $4,294 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,551 a month
Your payment · 23%
Tight
$2,551 to $3,279 a month
Hard
more than $3,279 a month
Compared with the typical household income in Burlington ($109,308 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,692
Property tax
$172
Home insurance
$106
FHA mortgage insurance (MIP)
$112
You need at least $8,901 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $2,082; principal and interest $1,692.
The city and its county
Burlington and Boone County
Burlington is in Boone County, Kentucky. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Burlington
Map of Boone County, Kentucky, with Burlington marked. Around it, the neighboring counties.
Burlington
Boone County
Other cities with a page
Burlington's own numbers
Typical home value
$254,300
Typical monthly rent
$1,489
Typical yearly household income
$109,308
Households that own their home
73%
Effective property tax rate
0.81%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Boone County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,442
Price change over 5 years (FHFA)
+50%
Homes in a high flood-risk zone
0.7%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Boone County.
A typical home in Burlington is worth $254,300: 8% below the county and 24% above Kentucky. With the typical household income in Burlington ($109,308 a year), a typical home costs 2.3 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Burlington2.3 years
Boone2.8 years
Kentucky3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Boone County
According to FHFA’s house price index, home prices in Boone County rose 88% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Boone County.
Yearly change in FHFA’s price index in Boone County, 2016 to 2025
2016: +3.3% +3.3% 2016
2017: +4.8% +4.8% 2017
2018: +4.9% +4.9% 2018
2019: +5.7% +5.7% 2019
2020: +4.1% +4.1% 2020
2021: +11.0% +11.0% 2021
2022: +15.2% +15.2% 2022
2023: +8.8% +8.8% 2023
2024: +4.7% +4.7% 2024
2025: +3.2% +3.2% 2025
Change in FHFA’s price index in Boone County, Kentucky and the United States
Period
County
Kentucky
U.S.
Last year (2025)
+3.2%
+3.9%
+2.9%
5 years (2020–2025)
+50%
+50%
+47%
10 years (2015–2025)
+88%
+84%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Burlington next to Boone County, Kentucky and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Burlington$254,300
Boone$277,300
Kentucky$205,600
United States$332,700
Typical monthly rent
Burlington$1,489
Boone$1,373
Kentucky$967
United States$1,413
Typical yearly household income
Burlington$109,308
Boone$99,414
Kentucky$63,726
United States$80,734
See the full table
Burlington next to Boone County and Kentucky
Measure
Burlington
Boone County
Kentucky
U.S.
Typical home value
$254,300 ▼8% below the county
$277,300
$205,600
$332,700
Typical monthly rent
$1,489 ▲8% above the county
$1,373
$967
$1,413
Typical yearly household income
$109,308 ▲10% above the county
$99,414
$63,726
$80,734
Households that own their home
73% ▼3 points below the county
76%
68%
65%
Typical yearly property tax
$2,057 ▼13% below the county
$2,372
$1,544
$3,119
Effective property tax rate
0.81% ▼0.05 points below the county
0.86%
0.75%
0.94%
Renters with high rent for their income
39% ▼1 points below the county
40%
45%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Boone County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Burlington
For a typical $254,300 home in Burlington, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Burlington's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,082a month
Least cash to close
Down payment
$8,901
Cash to close
$16,530
Rate
7.18%
Mortgage insurance
FHA MIP · $112
Conventional, 5% down$2,035a month
Down payment
$12,715
Cash to close
$20,344
Rate
7.18%
Mortgage insurance
PMI · $121
Conventional, 20% down, no PMI$1,656a month
Down payment
$50,860
Cash to close
$58,489
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,891a month
Down payment
$38,145
Cash to close
$45,774
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Burlington
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,082
$8,901
$249,694
7.18%
FHA MIP · $112
$16,530
580
Conventional, 5% down
$2,035
$12,715
$241,585
7.18%
PMI · $121
$20,344
620*
Conventional, 20% down, no PMI
$1,656
$50,860
$203,440
7.18%
None
$58,489
620*
ITIN, 15% down (example)
$1,891
$38,145
$216,155
8.18%
None
$45,774
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Burlington is $1,489 a month: 8% above the county. In Burlington, 39% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Boone County, by unit size. To pay the 2-bedroom one ($1,442 a month) without spending more than 30% of your income, you would need to earn $27.73 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Boone County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,052
$20.23
$42,080
1 bedroom
$1,128
$21.69
$45,120
2 bedrooms
$1,442
$27.73
$57,680
3 bedrooms
$1,897
$36.48
$75,880
4 bedrooms
$2,141
$41.17
$85,640
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Burlington
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Burlington is in ZIP code 41005.
For 2 bedrooms it is $1,840: $398 more than the fair market rent for Boone County ($1,442).
Fair market rent by ZIP code and size in Burlington, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
41005
$1,340
$1,440
$1,840
$2,420
$2,730
ZIP code2 bd3 bd
41005 $1,840$2,420
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Burlington when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Boone County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Burlington or Boone County. The ones below are statewide in Kentucky: they work in Burlington the same as in the rest of the state.
Kentucky state corporation loan of up to $12,500 for the down payment and closing costs, repaid over 15 years as a second loan, for buyers who take a KHC mortgage.Offered by Kentucky Housing Corporation (KHC).
No legal help resource on our list is for Burlington or Boone County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Burlington and all of Boone County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Burlington?
The typical home value in Burlington is $254,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Boone County it is $277,300.
How much does it cost to rent in Burlington?
Typical rent in Burlington is $1,489 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Boone County is $1,442.
What is the FHA loan limit in Burlington?
Burlington uses the FHA limit for all of Boone County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Burlington?
The typical homeowner in Burlington pays $2,057 a year, according to the U.S. Census Bureau. That is 0.81% of the home’s value; in Boone County, the rate is 0.86%.
Where can I find free help to buy or rent in Burlington?
We found no HUD-approved counseling agencies with an office in Boone County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
