In Hazard, a typical home is worth $145,400. Compared with all of Perry County, the typical home value is 58% higher and the share of households that own their home is 17 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $86,461 to $105,658.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Hazard is in Perry 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 Perry County. See the county
What this place has that others do not, from public data, most unusual first.
1
The typical home in Hazard is worth $145,400,58% more than in Perry County as a whole ($91,800).
2
Hazard has the 4th largest share of rent-burdened renters of the 76 cities in Kentucky with more than 5,000 people (61%).
3
53% of households in Hazard own their home, against 70% in Perry County.
4
Nearby, in Middlesborough, the typical home value is $99,900: 31% less than in Hazard ($145,400).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Hazard
What homes there are in Hazard, 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
Hazard
Perry County
Kentucky
United States
Kind of home: Hazard and its comparisons
Measure
Hazard
Perry County
Kentucky
United States
Detached house
67%
57%
68%
61%
Attached house
Unreliable estimate
Unreliable estimate
3%
6%
Building of 2 to 4
11%
5%
7%
8%
Apartments (5 or more)
Unreliable estimate
Unreliable estimate
12%
19%
Mobile home
Unreliable estimate
32%
11%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Hazard, 7 in 10 homes are single-family detached houses; in Perry County, 6.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Hazard
Perry County
Kentucky
United States
Year built: Hazard and its comparisons
Measure
Hazard
Perry County
Kentucky
United States
Before 1960
37%
15%
22%
26%
1960–1979
20%
27%
26%
24%
1980–1999
29%
34%
28%
25%
2000–2009
8%
14%
15%
14%
2010 or later
Unreliable estimate
10%
11%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K22%
$100K–$200K33%
$200K–$300K27%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Hazard and its comparisons
Measure
Hazard
Under $100K
22%
$100K–$200K
33%
$200K–$300K
27%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $50035%
$500–$99948%
$1,000–$1,499Unreliable
HUD fair market rent, 2 bedrooms: $1,010
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Hazard and its comparisons
Measure
Hazard
Under $500
35%
$500–$999
48%
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a HUD fair market rent of $1,010 for 2 bedrooms, at least 83% of rented homes in Hazard sit below it.
With a mortgage
$1,366 a month
Perry County: $1,167 a month
Without a mortgage
$421 a month
Perry County: $379 a month
Owners with a mortgage
65%
Perry County: 36%
Owning costs more in Hazard: with a mortgage, the typical cost is $1,366 a month; in Perry County, $1,167. Without one, $421.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
HazardNo clear change
Perry County+22%
Kentucky+46%
United States+53%
Typical rent
HazardUnreliable
Perry County+23%
Kentucky+27%
United States+33%
Typical household income
HazardUnreliable
Perry County+25%
Kentucky+26%
United States+29%
Change since 2015–2019: Hazard and its comparisons
Measure
Hazard
Perry County
Kentucky
United States
Typical home value
No clear change
+22%
+46%
+53%
Typical rent
Unreliable estimate
+23%
+27%
+33%
Typical household income
Unreliable estimate
+25%
+26%
+29%
Since 2015–2019, home values in Hazard moved so little that the Census cannot say whether they rose or fell.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Hazard and its comparisons
Measure
Hazard
Perry County
Kentucky
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
4.6%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.9%
0.9%
More than one person per room
Unreliable estimate
Unreliable estimate
2.0%
3.4%
People per household
2.20
2.42
2.43
2.53
Drive alone
80%
73%
77%
69%
Carpool
Unreliable estimate
16%
9%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
Unreliable estimate
2%
3%
Work from home
Unreliable estimate
8%
10%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
Unreliable estimate
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
Households in Hazard are smaller: 2.20 people on average; in Perry County, 2.42.
In Hazard, 80% of workers drive alone to work; in Perry County, 73%.
Do the math
What would you pay each month for a home in Hazard?
The Census Bureau publishes no typical home value or typical household income for Hazard, so we don't measure how heavy the payment is. Enter your own numbers in the calculator. The calculator starts with the typical home value in Hazard: $145,400. The rate is Freddie Mac’s weekly average (7.18%, November 5, 2026); yours may be different. The FHA and conventional loan limits are those of all of Perry County. Change the price, the down payment or the loan type and see how your payment changes.
The calculator's FHA and conventional loan limits are those of all of Perry 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 Hazard. 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 $5,089 (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
$1,210
at 7.18% · 30 years
Loan amount
$142,766
Total interest
$205,407
Paid off in
November 2056
Includes $2,455 FHA upfront mortgage insurance premium.
Does it fit the income?
Type your income to see which tier this payment lands in.
Monthly payment breakdown
Principal & interest
$967
Property tax
$118
Home insurance
$61
FHA mortgage insurance (MIP)
$64
You need at least $5,089 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 $1,210; principal and interest $967.
The city and its county
Hazard and Perry County
Hazard is in Perry 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).
Hazard
Map of Perry County, Kentucky, with Hazard marked. Around it, the neighboring counties.
Hazard
Perry County
Hazard's own numbers
Typical home value
$145,400
Households that own their home
53%
Effective property tax rate
0.97%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Perry County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,010
Price change over 5 years (FHFA)
+34%
Homes in a high flood-risk zone
12%
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 Perry County.
A typical home in Hazard is worth $145,400: 58% above the county and 29% below Kentucky.
How prices have changed in Perry County
According to FHFA’s house price index, home prices in Perry County rose 52% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Perry County.
Yearly change in FHFA’s price index in Perry County, 2016 to 2025
2016: +0.8% +0.8% 2016
2017: +9.8% +9.8% 2017
2018: −0.3% −0.3% 2018
2019: +0.1% +0.1% 2019
2020: +2.5% +2.5% 2020
2021: +2.2% +2.2% 2021
2022: +11.7% +11.7% 2022
2023: +25.3% +25.3% 2023
2024: −8.3% −8.3% 2024
2025: +2.3% +2.3% 2025
Change in FHFA’s price index in Perry County, Kentucky and the United States
Period
County
Kentucky
U.S.
Last year (2025)
+2.3%
+3.9%
+2.9%
5 years (2020–2025)
+34%
+50%
+47%
10 years (2015–2025)
+52%
+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
Hazard next to Perry 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
Hazard$145,400
Perry$91,800
Kentucky$205,600
United States$332,700
See the full table
Hazard next to Perry County and Kentucky
Measure
Hazard
Perry County
Kentucky
U.S.
Typical home value
$145,400 ▲58% above the county
$91,800
$205,600
$332,700
Households that own their home
53% ▼17 points below the county
70%
68%
65%
Typical yearly property tax
$1,408 ▲119% above the county
$643
$1,544
$3,119
Effective property tax rate
0.97% ▲0.27 points above the county
0.7%
0.75%
0.94%
Renters with high rent for their income
61% ▲1 points above the county
60%
45%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Perry 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 Hazard
For a typical $145,400 home in Hazard, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Hazard's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,210a month
Least cash to close
Down payment
$5,089
Cash to close
$9,451
Rate
7.18%
Mortgage insurance
FHA MIP · $64
Conventional, 5% down$1,183a month
Down payment
$7,270
Cash to close
$11,632
Rate
7.18%
Mortgage insurance
PMI · $69
Conventional, 20% down, no PMI$966a month
Down payment
$29,080
Cash to close
$33,442
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,101a month
Down payment
$21,810
Cash to close
$26,172
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Hazard
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,210
$5,089
$142,766
7.18%
FHA MIP · $64
$9,451
580
Conventional, 5% down
$1,183
$7,270
$138,130
7.18%
PMI · $69
$11,632
620*
Conventional, 20% down, no PMI
$966
$29,080
$116,320
7.18%
None
$33,442
620*
ITIN, 15% down (example)
$1,101
$21,810
$123,590
8.18%
None
$26,172
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.
The Census Bureau publishes no typical rent for Hazard. Below are the fair market rents for Perry County. In Hazard, 61% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Perry County, by unit size. To pay the 2-bedroom one ($1,010 a month) without spending more than 30% of your income, you would need to earn $19.42 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 Perry County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$722
$13.88
$28,880
1 bedroom
$772
$14.85
$30,880
2 bedrooms
$1,010
$19.42
$40,400
3 bedrooms
$1,203
$23.13
$48,120
4 bedrooms
$1,327
$25.52
$53,080
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 Hazard
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Hazard is in ZIP code 41701.
For 2 bedrooms it is $1,030: $20 more than the fair market rent for Perry County ($1,010).
Fair market rent by ZIP code and size in Hazard, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
41701
$740
$790
$1,030
$1,230
$1,360
ZIP code2 bd3 bd
41701 $1,030$1,230
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Hazard 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)
HUD lists 2 buildings with rents for lower incomes in Hazard. These are the largest.
Walkertown1450 E Main St, Hazard 41701269 low-income homes · Run by Housing Authority of Hazard · Average payment: $376 a month · Average wait: 9 months(606) 436-5741
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 Perry 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 Hazard or Perry County. The ones below are statewide in Kentucky: they work in Hazard 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 Hazard or Perry 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 Hazard and all of Perry 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 Hazard?
The typical home value in Hazard is $145,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Perry County it is $91,800.
What is the FHA loan limit in Hazard?
Hazard uses the FHA limit for all of Perry 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 Hazard?
The typical homeowner in Hazard pays $1,408 a year, according to the U.S. Census Bureau. That is 0.97% of the home’s value; in Perry County, the rate is 0.7%.
Where can I find free help to buy or rent in Hazard?
We found no HUD-approved counseling agencies with an office in Perry County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
