Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Morganfield city, Kentucky?
City · Census ACS 5-Year estimates
The median gross rent in Morganfield city, Kentucky is $852/month (±$57), based on Census ACS 5-Year estimates (2024). The median home value is $113,600 (±$30,350), and the median household income is $65,829/year. The unemployment rate in Union County, Kentucky was 3.8% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Morganfield city, Kentucky
| Metric | Value |
|---|---|
| Median Gross Rent | $852 |
| Median Home Value | $113,600 |
| Median Household Income | $65,829 |
| Total Housing Units | 1,331 |
| Renter-Occupied Units | 569 |
| Renter-Occupied Share | 43% |
| Households Paying 50%+ Income | 128 households |
| Unemployment Rate(April 2026) | 3.8% |
How does Morganfield city, Kentucky compare?
Median gross rent ranked against all cities in Kentucky.
Higher rent than 51% of cities in Kentucky · 192th of 393
| # | City | Value |
|---|---|---|
| 1 | Murray Hill city | $2,600 |
| 2 | Fincastle city | $2,583 |
| 3 | Houston Acres city | $2,500 |
| … 188 more … | ||
| 192 | Morganfield city(you are here) | $852 |
| … 198 more … | ||
| 391 | Pippa Passes city | $283 |
| 392 | Frenchburg city | $268 |
| 393 | McDowell CDP | $255 |
More data for Morganfield city, Kentucky
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Frequently asked questions
What is the average rent in Morganfield city, Kentucky?
The median gross rent in Morganfield city, Kentucky is $852/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Morganfield city, Kentucky?
The median rent for a 2-bedroom in Morganfield city, Kentucky is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Morganfield city, Kentucky?
The median home value in Morganfield city, Kentucky is $113,600 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Morganfield city are rent-burdened?
In Morganfield city, Kentucky, 128 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Morganfield city, Kentucky?
The median household income in Morganfield city, Kentucky is $65,829/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $852 has a margin of error of ±$57. In very small areas, MOEs can be large relative to the estimate.
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