States › Kentucky › Middletown

Is Middletown, KY expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,6228% lower than U.S. average
💵 Families earn per year (2026)$89,016about $7,418/month · 2% higher than U.S. average
🔑 House price$336,0001% higher than U.S. average

Rent is lower than in 51% of U.S. cities. A typical house costs about 3.8 years of household income. Commutes are short, about 18.7 minutes.

How much money do I need?

To rent here comfortably, you should earn about $64,880 a year. That is $31 an hour at a full-time job.

Is rent cheaper than other Kentucky cities?

No. Rent here is more expensive than in most of Kentucky. It is number 78 of 87 cities from cheapest to most expensive.

Middletown
$1,622
Mayfield
$669
Paris
$1,027
Oakbrook
$1,754
Harrodsburg
$1,392
La Grange
$1,882
Elsmere
$1,527

How much do households earn in Middletown?

Under $25k
14.2%
$25k–50k
19.4%
$50k–100k
31.9%
$100k–150k
18.3%
$150k+
13.5%

Share of households by yearly income. 31.8% of households earn $100,000 or more.

Rent by apartment size in Middletown

SizeMiddletownU.S. average
Studio$2,354$1,338
1 bedroom$1,384$1,324
2 bedrooms$1,725$1,509

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

How expensive is Middletown 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 Middletown, so the Kentucky figure is shown.

Taxes and bills in Middletown

🏛️ Property tax$2,715a year · 0.81% of home value · U.S. $3,119
⚡ Electric bill$159a month (typical) · U.S. $156

Life in Middletown

Commute to work18.7 minU.S.: 26.4 min
College degree53.2%U.S.: 35.7%
Own their home57.1%U.S.: 65.2%
Below poverty line9.1%U.S.: 12.5%
Unemployment4.7%U.S.: 5.2%

Is it cheaper to rent or buy in Middletown?

Renting is cheaper right now: about $709 a month less.

Renting
$1,622
Owning
$2,331

Owning assumes a typical $336,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $33,600 for the down payment.

Frequently asked questions

What is the average rent in Middletown, KY?

Renting in Middletown costs a median of about $1,622 a month in 2026, including utilities. The Kentucky median is $1,175.

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

To keep rent under 30% of income, you need about $64,880 a year, or $31 an hour at a full-time job.

Is Middletown cheap or expensive?

Middletown is rated OK: rent takes 21.9% of the typical household income of $89,016. It ranks 78th cheapest of 87 Kentucky cities we track.

How much are property taxes in Middletown?

The median homeowner in Middletown pays $2,715 a year in property taxes, about 0.81% of the median home value.

Is Middletown 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 Middletown?

The median home value in Middletown is $336,000, about 3.8 times the typical yearly household income.

9,763 people live in Middletown. Numbers are typical (middle) values.