States › Kentucky › Corbin

Is Corbin, KY expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,03041% lower than U.S. average
💵 Families earn per year (2026)$55,074about $4,590/month · 37% lower than U.S. average
🔑 House price$166,00050% lower than U.S. average

Rent is lower than in 86% of U.S. cities. A typical house costs about 3.0 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $41,200 a year. That is $20 an hour at a full-time job.

Is rent cheaper than other Kentucky cities?

Yes. Rent here is cheaper than in most of Kentucky. It is number 26 of 87 cities from cheapest to most expensive.

Corbin
$1,030
Edgewood
$1,129
Oak Grove
$1,265
Fort Mitchell
$1,241
Maysville
$691
Hillview
$1,385
Fort Knox
$1,846

How much do households earn in Corbin?

Under $25k
22.1%
$25k–50k
24.1%
$50k–100k
28.5%
$100k–150k
11.9%
$150k+
3.4%

Share of households by yearly income. 15.2% of households earn $100,000 or more.

Rent by apartment size in Corbin

SizeCorbinU.S. average
Studio$599$1,338
1 bedroom$445$1,324
2 bedrooms$825$1,509
3 bedrooms$1,013$1,698
4 bedrooms$1,091$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Corbin overall?

Everyday prices in Kentucky overall are 10% below the U.S. average (index 90.2, U.S. = 100).

Housing
64
Goods (food, clothes…)
96
Utilities
75
Other services
97
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Corbin, so the Kentucky figure is shown.

Taxes and bills in Corbin

🏛️ Property tax$1,300a year · 0.78% of home value · U.S. $3,119
⚡ Electric bill$165a month (typical) · U.S. $156

Life in Corbin

Commute to work23.5 minU.S.: 26.4 min
College degree25.5%U.S.: 35.7%
Own their home53.5%U.S.: 65.2%
Below poverty line26%U.S.: 12.5%
Unemployment7.2%U.S.: 5.2%

Is it cheaper to rent or buy in Corbin?

Renting is cheaper right now: about $122 a month less.

Renting
$1,030
Owning
$1,152

Owning assumes a typical $166,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,600 for the down payment.

Frequently asked questions

What is the average rent in Corbin, KY?

Renting in Corbin costs a median of about $1,030 a month in 2026, including utilities. The Kentucky median is $1,175.

How much do I need to make to live in Corbin?

To keep rent under 30% of income, you need about $41,200 a year, or $20 an hour at a full-time job.

Is Corbin cheap or expensive?

Corbin is rated OK: rent takes 22.4% of the typical household income of $55,074. It ranks 26th cheapest of 87 Kentucky cities we track.

How much are property taxes in Corbin?

The median homeowner in Corbin pays $1,300 a year in property taxes, about 0.78% of the median home value.

Is Corbin more expensive than the national average?

Overall prices in Kentucky are 10% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Corbin?

The median home value in Corbin is $166,000, about 3.0 times the typical yearly household income.

8,246 people live in Corbin. Numbers are typical (middle) values.