States › Kentucky › Mount Sterling

Is Mount Sterling, KY expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$88050% lower than U.S. average
💵 Families earn per year (2026)$60,209about $5,017/month · 31% lower than U.S. average
🔑 House price$187,60044% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.1 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $35,200 a year. That is $17 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 12 of 87 cities from cheapest to most expensive.

Mount Sterling
$880
London
$908
Pikeville
$907
Villa Hills
$1,486
Union
$1,743
Russellville
$983
Flatwoods
$1,392

How much do households earn in Mount Sterling?

Under $25k
24.7%
$25k–50k
22.1%
$50k–100k
33.4%
$100k–150k
11.2%
$150k+
3.5%

Share of households by yearly income. 14.8% of households earn $100,000 or more.

Rent by apartment size in Mount Sterling

SizeMount SterlingU.S. average
Studio$699$1,338
1 bedroom$358$1,324
2 bedrooms$934$1,509
3 bedrooms$1,035$1,698

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

How expensive is Mount Sterling 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 Mount Sterling, so the Kentucky figure is shown.

Taxes and bills in Mount Sterling

🏛️ Property tax$1,421a year · 0.76% of home value · U.S. $3,119
⚡ Electric bill$174a month (typical) · U.S. $156

Life in Mount Sterling

Commute to work23 minU.S.: 26.4 min
College degree23.6%U.S.: 35.7%
Own their home52.1%U.S.: 65.2%
Below poverty line16.9%U.S.: 12.5%
Unemployment3.7%U.S.: 5.2%

Is it cheaper to rent or buy in Mount Sterling?

Renting is cheaper right now: about $422 a month less.

Renting
$880
Owning
$1,302

Owning assumes a typical $187,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,760 for the down payment.

Frequently asked questions

What is the average rent in Mount Sterling, KY?

Renting in Mount Sterling costs a median of about $880 a month in 2026, including utilities. The Kentucky median is $1,175.

How much do I need to make to live in Mount Sterling?

To keep rent under 30% of income, you need about $35,200 a year, or $17 an hour at a full-time job.

Is Mount Sterling cheap or expensive?

Mount Sterling is rated Cheap: rent takes 17.5% of the typical household income of $60,209. It ranks 12th cheapest of 87 Kentucky cities we track.

How much are property taxes in Mount Sterling?

The median homeowner in Mount Sterling pays $1,421 a year in property taxes, about 0.76% of the median home value.

Is Mount Sterling 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 Mount Sterling?

The median home value in Mount Sterling is $187,600, about 3.1 times the typical yearly household income.

7,551 people live in Mount Sterling. Numbers are typical (middle) values.