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City · 27,852 residents · Henderson County, Kentucky

Henderson , Kentucky

In Henderson, a typical home is worth $160,100 and typical rent is $771 a month. Compared with all of Henderson County, typical household income is 18% lower, the typical home value is 7% lower, and the share of households that own their home is 11 points lower.

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  • Typical home value

    $160,100

    7% below the county

    22% below Kentucky

    • Henderson
    • County
    • Kentucky

  • Typical rent

    $771a month

    About the same as the county

    20% below Kentucky

    • Henderson
    • County
    • Kentucky

  • Typical household income

    $48,186a year

    18% below the county

    24% below Kentucky

    • Henderson
    • County
    • Kentucky

  • Households that own their home

    54%

    11 points below the county

    14 points below Kentucky

    • Henderson
    • County
    • Kentucky

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$201,538
2.4% more than 12 months ago
Typical rent
$940 a month

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Henderson is in Henderson 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 Henderson County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Henderson apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Princeton, the typical home value is $96,600: 40% less than in Henderson ($160,100).

  2. The typical household income in Henderson is $48,186, 18% less than in Henderson County as a whole ($58,851).

  3. 54% of households in Henderson own their home, against 65% in Henderson County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Henderson

What homes there are in Henderson, 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 houses are the majority in Henderson (59%), but less so than in Henderson County (67%).

Year built

The typical year built in Henderson is 1974, about the same as in Henderson County (1976).

There are fewer big homes in Henderson than in Henderson County: 51% have 3 bedrooms or more, against 61%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

The FHA limit for Henderson County is high ($541,287): at least 98% of owner-occupied homes in Henderson are worth less than $500,000.

Monthly rent with utilities

HUD's 2-bedroom fair market rent (FMR) for Henderson County is $909; about 67% of rents in Henderson are below it.

With a mortgage

$1,253 a month

Henderson County: $1,303 a month

Without a mortgage

$494 a month

Henderson County: $492 a month

Owners with a mortgage

56%

Henderson County: 55%

The typical cost for an owner with a mortgage in Henderson is $1,253 a month, near the figure in Henderson County ($1,303).

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, home values in Henderson rose at about the same pace as in Henderson County: 33% against 34%.

Rents in Henderson rose at about the same pace as in Henderson County: 13% since 2015–2019, against 13%.

The typical household income in Henderson rose 21% over that time; home values changed +33% and rent +13%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureHendersonHenderson CountyKentuckyUnited States
Rental vacancy Unreliable estimateUnreliable estimate4.6%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.9%0.9%
More than one person per room Unreliable estimateUnreliable estimate2.0%3.4%
People per household 2.182.342.432.53
Drive alone 74%78%77%69%
Carpool 13%12%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike 4%3%2%3%
Work from home 6%5%10%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute 10 to 19 minutesUnreliable estimate20 to 29 minutes20 to 29 minutes

Households in Henderson are smaller: 2.18 people on average; in Henderson County, 2.34.

In Henderson, 74% of workers drive alone to work; in Henderson County, 78%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Henderson?

A typical home is tight for the typical income

We start with a typical home in Henderson, worth $160,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 33% of the typical household income in Henderson, which is $48,186 a year. For that payment to be 28% of income, a household would need to earn about $57,366 a year.

The calculator's FHA and conventional loan limits are those of all of Henderson County.

Your numbers

Local data
$

Starts at the typical home value in Henderson. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $5,604 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,339

at 7.18% · 30 years

Loan amount
$157,200
Total interest
$226,173
Paid off in
November 2056

Includes $2,704 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,124 a month

  • Tight

    $1,124 to $1,446 a month

    Your payment · 33%

  • Hard

    more than $1,446 a month

Compared with the typical household income in Henderson ($48,186 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,339
Principal & interest$1,065
Property tax$136
Home insurance$67
FHA mortgage insurance (MIP)$71

You need at least $5,604 for the down payment, plus closing costs.

Next step

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.

The city and its county

Henderson and Henderson County

Henderson is in Henderson 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).

Henderson's own numbers

Typical home value
$160,100
Typical monthly rent
$771
Typical yearly household income
$48,186
Households that own their home
54%
Effective property tax rate
1.02%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Henderson County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$909
Price change over 5 years (FHFA)
+42%
Homes in a high flood-risk zone
6.5%

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 Henderson County.

Everything about Henderson County

Buying

Buying a home in Henderson

A typical home in Henderson is worth $160,100: 7% below the county and 22% below Kentucky. With the typical household income in Henderson ($48,186 a year), a typical home costs 3.3 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.

  • Henderson 3.3 years
  • County 2.9 years
  • Kentucky 3.2 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Henderson County

According to FHFA’s house price index, home prices in Henderson County rose 65% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Henderson County.

Period County Kentucky U.S.
Last year (2025) +0.8% +3.9% +2.9%
5 years (2020–2025) +42% +50% +47%
10 years (2015–2025) +65% +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

Henderson next to Henderson 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
  • Henderson $160,100
  • County $171,900
  • Kentucky $205,600
  • United States $332,700
Typical monthly rent
  • Henderson $771
  • County $777
  • Kentucky $967
  • United States $1,413
Typical yearly household income
  • Henderson $48,186
  • County $58,851
  • Kentucky $63,726
  • United States $80,734
See the full table
Henderson next to Henderson County and Kentucky
Measure Henderson Henderson County Kentucky U.S.
Typical home value $160,100 $171,900 $205,600 $332,700
Typical monthly rent $771 $777 $967 $1,413
Typical yearly household income $48,186 $58,851 $63,726 $80,734
Households that own their home 54% 65% 68% 65%
Typical yearly property tax $1,627 $1,548 $1,544 $3,119
Effective property tax rate 1.02% 0.9% 0.75% 0.94%
Renters with high rent for their income 45% 44% 45% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Henderson 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 Henderson

For a typical $160,100 home in Henderson, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Henderson's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,339a month

    Least cash to close
    Down payment
    $5,604
    Cash to close
    $10,407
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $71

  • Conventional, 5% down $1,309a month

    Down payment
    $8,005
    Cash to close
    $12,808
    Rate
    7.18%
    Mortgage insurance
    PMI · $76

  • Conventional, 20% down, no PMI $1,070a month

    Down payment
    $32,020
    Cash to close
    $36,823
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,218a month

    Down payment
    $24,015
    Cash to close
    $28,818
    Rate
    8.18%
    Mortgage insurance
    None

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.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Henderson and for Henderson County.

Property tax

Effective rate in Henderson

1.02%of the home’s value each year

$1,627 a year for the typical owner in Henderson.

  • Henderson 1.02%
  • County 0.9%
  • Kentucky 0.75%

What Kentucky publishes Homestead exemption for owners 65 or older or totally disabled (Kentucky Department of Revenue)

Exemptions and deadlines in Kentucky

Flood risk in Henderson County

FEMA does not publish these numbers by city: they are for all of Henderson County.

Homes in the high-risk zone
6.5%
1,139
Of those, with NFIP insurance
21%
County Kentucky U.S.
Homes in the high-risk zone 6.5% 3.5% 3.5%
Of those, with NFIP insurance 21% 19% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Henderson

Typical rent in Henderson is $771 a month: about the same as the county. In Henderson, 45% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Henderson County, by unit size. To pay the 2-bedroom one ($909 a month) without spending more than 30% of your income, you would need to earn $17.48 an hour working full time.

HUD fair market rent for all of Henderson County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $787 $15.13 $31,480
1 bedroom $792 $15.23 $31,680
2 bedrooms $909 $17.48 $36,360
3 bedrooms $1,222 $23.50 $48,880
4 bedrooms $1,366 $26.27 $54,640

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 Henderson

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Henderson is in ZIP code 42420.

For 2 bedrooms it is $970: $61 more than the fair market rent for Henderson County ($909).

  • 42420 $970$1,300

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Henderson 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 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Henderson

HUD lists 23 buildings with rents for lower incomes in Henderson. These are the largest.

  • Scattered Sites (4 Sites) 24 Lawndale Ct, Henderson 42420 225 low-income homes · Run by Housing Authority of Henderson · Average payment: $414 a month · Average wait: 3 months · Homes at several sites (270) 827-1294
  • Scattered Sites (4 Sites) 840 N Adams St, Henderson 42420 210 homes, 205 low-income · Run by Housing Authority of Henderson · Average payment: $372 a month · Average wait: 4 months · Homes at several sites (270) 827-1294
  • Redbanks Apartments and Towers 737 Kimsey Ln, Henderson 42420 126 low-income homes · For older adults (270) 826-4920
  • Cottages of Henderson Arbor DR., Henderson 42420 96 low-income homes · 2 bd: 48 · 3 bd: 48 · In service since 2000
  • Woodsview Apts 1424 Woodland Dr, Henderson 42420 68 low-income homes · For families (270) 826-1107

See all 23 buildings in Henderson County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Henderson

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 Henderson County. The nearest ones are below; many serve by phone or online.

A grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in Henderson

No down payment, repair or rent-help program on our list is for Henderson or Henderson County. The ones below are statewide in Kentucky: they work in Henderson the same as in the rest of the state.

Which programs do I qualify for? All programs in Kentucky

  • KHC Down Payment Assistance (DPA)

    Statewide in Kentucky

    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).

    Repayable

    See the program Official page

Housing counselors near Henderson

The HUD-approved agencies closest to the center of Henderson, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Kentucky Legal Aid, Incorporated

    117 West 2nd Street, Owensboro · 26 miles away · Spanish

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 1 more
    (270) 782-5740

  • Kentucky Legal Aid, Incorporated

    100 South Railroad Street, # 120, Madisonville · 35 miles away · Spanish

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 1 more
    (270) 782-5740

  • Kentucky Legal Aid, Incorporated

    401 W 9th St Ste D, Hopkinsville · 67 miles away · Spanish

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 1 more
    (270) 782-5740

All counseling agencies in Kentucky

Help in Spanish near Henderson

3 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Henderson

HUD’s record names them for Henderson or Henderson County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of Henderson Public housing and Section 8 vouchers (270) 827-1294

All housing agencies in Kentucky Source: HUD

Cities

Nearby cities

The cities closest to Henderson, with the typical home value.

Everything about Henderson County Housing in Kentucky

Neighboring counties

If Henderson County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Henderson.

All guides
Three women of one family lean in together to stir the pan.

Questions

Housing questions about Henderson

Short answers with the numbers for Henderson and all of Henderson 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 Henderson?

The typical home value in Henderson is $160,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Henderson County it is $171,900.

How much does it cost to rent in Henderson?

Typical rent in Henderson is $771 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Henderson County is $909.

What is the FHA loan limit in Henderson?

Henderson uses the FHA limit for all of Henderson 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 Henderson?

The typical homeowner in Henderson pays $1,627 a year, according to the U.S. Census Bureau. That is 1.02% of the home’s value; in Henderson County, the rate is 0.9%.

Where can I find free help to buy or rent in Henderson?

We found no HUD-approved counseling agencies with an office in Henderson County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).