$1,100
Total Monthly Price
- 2 Beds
- 1.5 Baths
- 990 Sq Ft
- Townhouse for Rent
1007 W 5th St Unit 1, Corbin, KY 40701
Conveniently located on fifth street road in the center of Corbin.
Frequently Asked Questions
How much does it cost to rent a home in Corbin, KY?
The median rent for a home in Corbin, KY is $1,100 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Corbin, KY?
To comfortably afford the median rent in Corbin, KY, a household needs to earn roughly $44,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,100 per month in Corbin, KY, renters typically need to show $3,300 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Corbin, KY?
In Corbin, KY, the price-to-rent ratio is 17.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
