The median home in Morehead, Kentucky is valued at $176,432, up 2.4% year over year. Typical monthly rent is $1,115, producing a price-to-rent ratio of 13.2x — below the national average of 18x.
Home Value$176,432
+2.4%
Rent$1,115/mo
AFFORDABILITYRenting $70/mo cheaper ($1,115 rent)6.50% 30yr, 20% down, county tax + KY ins. 28% per HUD.
Enter your income for Morehead.
$35,286 on $176,432
Affordable — 19% of income
Under the 28% guideline.
PITI$1,185
P/I19%
Afford$261K
Room+$84K
P&I $892Tax $126Ins $167
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Kentucky
Compare Morehead with other housing markets across Kentucky.