In Walton, a typical home is worth $262,200 and typical rent is $1,306 a month. Compared with all of Boone County, typical household income is 22% lower and the typical home value is 5% lower.
Typical home value from Zillow, September 2021 to September 2026: from $281,493 to $357,174.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Walton 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
Nearby, in Elsmere, the typical home value is $171,900: 34% less than in Walton ($262,200).
2
According to Zillow, in the 12 months to September 2026 the typical home value in Walton rose 4.3%; in Kentucky, it barely changed.
3
The typical household income in Walton is $77,917,22% less than in Boone County as a whole ($99,414).
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Walton
What homes there are in Walton, 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
Walton
Boone County
Kentucky
United States
Kind of home: Walton and its comparisons
Measure
Walton
Boone County
Kentucky
United States
Detached house
80%
68%
68%
61%
Attached house
Unreliable estimate
6%
3%
6%
Building of 2 to 4
Unreliable estimate
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%
Detached houses, standing on their own, make up 80% of homes here, against 68% in Boone County.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Walton
Boone County
Kentucky
United States
Year built: Walton and its comparisons
Measure
Walton
Boone County
Kentucky
United States
Before 1960
20%
9%
22%
26%
1960–1979
Unreliable estimate
17%
26%
24%
1980–1999
17%
33%
28%
25%
2000–2009
25%
27%
15%
14%
2010 or later
30%
15%
11%
11%
Here half of the homes date from 2002 or later; in Boone County, from 1996 or later.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K16%
$200K–$300K38%
$300K–$500K32%
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Walton and its comparisons
Measure
Walton
Under $100K
Unreliable estimate
$100K–$200K
16%
$200K–$300K
38%
$300K–$500K
32%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49948%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Walton and its comparisons
Measure
Walton
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
48%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
With a mortgage
$1,635 a month
Boone County: $1,656 a month
Without a mortgage
$628 a month
Boone County: $582 a month
Owners with a mortgage
73%
Boone County: 70%
Owning costs about the same in Walton as in Boone County: with a mortgage, $1,635 a month; without one, $628.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Walton+64%
Boone County+46%
Kentucky+46%
United States+53%
Typical rent
Walton+46%
Boone County+39%
Kentucky+27%
United States+33%
Typical household income
WaltonNo clear change
Boone County+27%
Kentucky+26%
United States+29%
Change since 2015–2019: Walton and its comparisons
Measure
Walton
Boone County
Kentucky
United States
Typical home value
+64%
+46%
+46%
+53%
Typical rent
+46%
+39%
+27%
+33%
Typical household income
No clear change
+27%
+26%
+29%
From 2015–2019 to 2020–2024, the typical home value in Walton rose 64%; in Boone County, it rose 46%.
Since 2015–2019, the typical rent in Walton rose 46%, more than in Boone County (39%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Walton and its comparisons
Measure
Walton
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
3.37
2.72
2.43
2.53
Drive alone
77%
77%
77%
69%
Carpool
11%
7%
9%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
0%
2%
3%
Work from home
Unreliable estimate
13%
10%
15%
Other means
Unreliable estimate
2%
1%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Households in Walton are bigger: 3.37 people on average; in Boone County, 2.72.
In Walton, 11% of workers share a car to get to work; in Boone County, 7%.
Do the math
What would you pay each month for a home in Walton?
A typical home is tight for the typical income
We start with a typical home in Walton, worth $262,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 34% of the typical household income in Walton, which is $77,917 a year. For that payment to be 28% of income, a household would need to earn about $95,541 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 Walton. 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 $9,177 (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
$2,229
at 7.18% · 30 years
Loan amount
$257,451
Total interest
$370,411
Paid off in
November 2056
Includes $4,428 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,818 a month
Tight
$1,818 to $2,338 a month
Your payment · 34%
Hard
more than $2,338 a month
Compared with the typical household income in Walton ($77,917 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,744
Property tax
$260
Home insurance
$109
FHA mortgage insurance (MIP)
$116
You need at least $9,177 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 $2,229; principal and interest $1,744.
The city and its county
Walton and Boone County
Walton 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).
Walton
Map of Boone County, Kentucky, with Walton marked. Around it, the neighboring counties.
Walton
Boone County
Other cities with a page
Walton's own numbers
Typical home value
$262,200
Typical monthly rent
$1,306
Typical yearly household income
$77,917
Households that own their home
73%
Effective property tax rate
1.19%
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 Walton is worth $262,200: 5% below the county and 28% above Kentucky. With the typical household income in Walton ($77,917 a year), a typical home costs 3.4 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.
Walton3.4 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
Walton 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
Walton$262,200
Boone$277,300
Kentucky$205,600
United States$332,700
Typical monthly rent
Walton$1,306
Boone$1,373
Kentucky$967
United States$1,413
Typical yearly household income
Walton$77,917
Boone$99,414
Kentucky$63,726
United States$80,734
See the full table
Walton next to Boone County and Kentucky
Measure
Walton
Boone County
Kentucky
U.S.
Typical home value
$262,200 ▼5% below the county
$277,300
$205,600
$332,700
Typical monthly rent
$1,306 ▼5% below the county
$1,373
$967
$1,413
Typical yearly household income
$77,917 ▼22% below 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
$3,114 ▲31% above the county
$2,372
$1,544
$3,119
Effective property tax rate
1.19% ▲0.33 points above the county
0.86%
0.75%
0.94%
Renters with high rent for their income
44% ▲4 points above 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 Walton
For a typical $262,200 home in Walton, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Walton's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,229a month
Least cash to close
Down payment
$9,177
Cash to close
$17,043
Rate
7.18%
Mortgage insurance
FHA MIP · $116
Conventional, 5% down$2,181a month
Down payment
$13,110
Cash to close
$20,976
Rate
7.18%
Mortgage insurance
PMI · $125
Conventional, 20% down, no PMI$1,790a month
Down payment
$52,440
Cash to close
$60,306
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$2,033a month
Down payment
$39,330
Cash to close
$47,196
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Walton
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,229
$9,177
$257,451
7.18%
FHA MIP · $116
$17,043
580
Conventional, 5% down
$2,181
$13,110
$249,090
7.18%
PMI · $125
$20,976
620*
Conventional, 20% down, no PMI
$1,790
$52,440
$209,760
7.18%
None
$60,306
620*
ITIN, 15% down (example)
$2,033
$39,330
$222,870
8.18%
None
$47,196
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 Walton is $1,306 a month: 5% below the county. In Walton, 44% 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 Walton
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Walton is in ZIP code 41094.
For 2 bedrooms it is $1,580: $138 more than the fair market rent for Boone County ($1,442).
Fair market rent by ZIP code and size in Walton, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
41094
$1,150
$1,240
$1,580
$2,080
$2,350
ZIP code2 bd3 bd
41094 $1,580$2,080
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Walton 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 Walton or Boone County. The ones below are statewide in Kentucky: they work in Walton 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 Walton 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 Walton 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 Walton?
The typical home value in Walton is $262,200, 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 Walton?
Typical rent in Walton is $1,306 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 Walton?
Walton 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 Walton?
The typical homeowner in Walton pays $3,114 a year, according to the U.S. Census Bureau. That is 1.19% of the home’s value; in Boone County, the rate is 0.86%.
Where can I find free help to buy or rent in Walton?
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.
