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Hazard, KY Home for Rent

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    $900 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Apartment for Rent

    151 Weslee Way Unit 5, Hazard, KY 41701

    AVAILABLE NOW! Check out this 2 bedroom, 1 bathroom apartment conveniently located near the hospital, shopping, restaurants, and just minutes from Downtown Hazard. This apartment features a spacious living room, kitchen, full bathroom, washer/dryer hookups, and spacious bedrooms. The tenant is responsible for electric, water, sewer, TV, and internet. The landlord is responsible for trash and lawn

    Austin Polley The Polley Group

    151 Weslee Way Unit 5, Hazard, KY 41701

Why Live in Hazard

Hazard, Kentucky, situated in the Appalachian Mountains, offers a rural lifestyle along the North Fork Kentucky River. The city is known for its peaceful environment, making it an ideal place for families who enjoy community activities like local sports events. Downtown Hazard features brick-clad buildings housing local businesses such as The Copper Lantern and Hazard Coffee Company, while national chains like Food City are accessible near Kentucky Highway 15. The Hazard Village shopping center includes Tractor Supply Co. and Big Blue Smokehouse, a popular barbecue spot. For home-cooked meals, residents frequent Your Place Restaurant near Vicco and Circle T Restaurant in Hazard. Residential areas off Main Street showcase a variety of home styles, from Colonial Revival to bungalows, often situated on hillsides due to the area's terrain. The median home price is significantly lower than in Lexington, making it an affordable option. Hazard Independent Schools serve the central region and are highly rated, while Perry County Schools cover the rest of the area. Outdoor features include Perry County Park with hiking trails, a dog park, and a putt putt course, as well as Hazard Pavilion for indoor recreation. Transportation is facilitated by Kentucky Highway 15 and CSX freight trains, with Lexington approximately 120 miles away. Flood insurance is commonly required due to the area's susceptibility to natural disasters, and winter weather can be unpredictable, necessitating four-wheel drive vehicles.

Frequently Asked Questions

How much does it cost to rent a home in Hazard, KY?
The median rent for a home in Hazard, KY is $900 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Hazard, KY?
To comfortably afford the median rent in Hazard, KY, a household needs to earn roughly $36,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $900 per month in Hazard, KY, renters typically need to show $2,700 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Hazard, KY?
In Hazard, KY, the price-to-rent ratio is 16.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$900
Median Single Family Home Rent
$1,300
Median Condo Rent
$750
How to Rent a Home