The median home in Independence, Kentucky is valued at $315,664, up 3.3% year over year. Typical monthly rent is $2,039, producing a price-to-rent ratio of 12.9x — below the national average of 18x. Independence is part of the Cincinnati, OH-KY-IN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Cincinnati, OH-KY-IN stress score, crash risk, and 12-month forecast →

Home Value$315,664

+3.3%

Rent$2,039/mo

AFFORDABILITY

Enter your income for Independence.

Income (annual)

Down Payment

$63,133 on $315,664

Stretch — 31.8% of income

Above 28% but manageable with cuts.

PITI$1,989

P/I31.8%

Afford$278K

Gap-$38K

P&I $1,596Tax $226Ins $167

Buying $50/mo cheaper ($2,039 rent)6.50% 30yr, 20% down, county tax + KY ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Kentucky

Compare Independence with other housing markets across Kentucky.

Prospect$595K Finchville$481K Goshen$474K Crestwood$467K River Bluff$446K Wilsonville$445K Union$444K Buckner$429K

Full Cincinnati, OH-KY-IN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Cincinnati, OH-KY-IN metro.

View Cincinnati, OH-KY-IN metro →

INDEPENDENCE, KY