$785
Total Monthly Price
- Studio
- 1 Bath
- 425 Sq Ft
- Condo for Rent
322 1/2 Main St Unit 322.5 #4, Paris, KY 40361
Frequently Asked Questions
How much does it cost to rent a condo in Paris, KY?
The median rent for a condo in Paris, KY is $1,348 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Paris, KY?
To comfortably afford the median rent in Paris, KY, a household needs to earn roughly $37,880 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 $947 per month in Paris, KY, renters typically need to show $2,841 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 Paris, KY?
In Paris, KY, the price-to-rent ratio is 21.1, 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.
What neighborhoods in Paris, KY are best for renting a condo?
The best neighborhood for renting in Paris, KY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Historic South Hill and Lakeview Estates, each with its own character and price range.
