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Morehead, KY Homes for Rent

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    Starting at $975 Per Month

    • 2 Beds

    145 Lois Ln, Morehead, KY 40351

    Townhomes and Flats at MSU offers convenient, upgraded apartments and townhomes for MSU students in Morehead. With over 20 years in student housing experience, Eden Companies knows how to give students a comfortable, resident-focused experience through school. All townhomes and apartments are newly renovated, featuring new flooring, new HVAC systems and upgraded electric and finishes. All floor

    Townhomes & Flats at MSU

    (606) 755-9926

    145 Lois Ln, Morehead, KY 40351
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    Call for Price

    • 1 - 3 Beds

    300 Pine Ridge Dr, Morehead, KY 40351

    Pine Ridge Apartments

    (606) 342-6931

    300 Pine Ridge Dr, Morehead, KY 40351
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    Starting at $900 Per Month

    • 2 Beds

    50 Top Notch Way, Morehead, KY 40351

    We are located off the Farmers Sharkey Exit 133 by the Comfort Inn & Suits—1 mile from I 64, on KY 801. They are 960 square feet, 2 bedrooms and 1.5 baths. All stainless-steel appliances, dishwasher, microwave, washer and dryer. All hardwood floors and tile. There is a patio out back with a privacy fence. Rent is $900 a month which includes your garbage. Utilities are on your own but are very

    Top Notch Townhomes & Storage

    (606) 755-5673

    50 Top Notch Way, Morehead, KY 40351
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    $1,350

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    941 Christian St Unit 2, Morehead, KY 40351

    Luxury Town Home rental in the city limits of Morehead, KY.2 bedrooms with hardwood flooringGenerous Closet space1.5 bathKitchen with walk in pantry / storageGranite Counter topsOven / Microwave / Dishwasher/ Washer and DryerDigital Door LocksConcrete Patio style areaAll Utilities Included: Water / Sewage / Trash / Electric / Wireless

    941 Christian St Unit 2, Morehead, KY 40351
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    $1,000 Per Month

    • 2 Beds
    • 2 Baths
    • 912 Sq Ft
    • House for Rent

    50 Kad Ct, Morehead, KY 40351

    We communicate via text message to set up appointments once we approve your application so make sure you OPT IN for text messages. This 2 bedroom, 2 bath home was built in 2019 and features hardwood and tile flooring and is in a great location. Rent is $1000 per month, $1000 deposit, tenant pays electric, internet and garbage. Pets are allowed with a one time, non-refundable fee of $250 per

    50 Kad Ct, Morehead, KY 40351
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    $1,850 Per Month

    • 4 Beds
    • 2 Baths
    • 1,996 Sq Ft
    • House for Rent

    328 Lyons Ave, Morehead, KY 40351

    We communicate via text message to set up appointments once we approve your application so make sure you OPT IN for text messages. Walk to everything from this large 4 bedroom, 2 bathroom house. Fresh paint from top to bottom and new flooring throughout. Living room at the front of the house and huge family room at the back. There is 1 bedroom and full bath on the main floor. The other bedrooms

    328 Lyons Ave, Morehead, KY 40351
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    $1,400 Per Month

    • 2 Beds
    • 2.5 Baths
    • Townhouse for Rent

    2170 Sharkey Rd, Morehead, KY 40351

    We communicate via text message to set up appointments once we approve your application so make sure you OPT IN for text messages. Available beginning of June 2026. Be the first to live in one of these 5 brand-new 2 bedroom, 2.5 bathroom apartments designed with modern convenience and style in mind. The open-concept layout seamlessly connects the living room, dining area, and kitchen, creating

    2170 Sharkey Rd, Morehead, KY 40351
  • /17

    $1,200 Per Month

    • 3 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • House for Rent

    4617 Us-60, Morehead, KY 40351

    We communicate via text message to set up appointments once we approve your application so make sure you OPT IN for text messages. 3 bedroom, 1 bathroom singlewide has a brand new kitchen, fresh paint and LVP flooring. You will love the view from the enclosed back porch, the large covered deck and the huge backyard. $1200 a month, 1 year lease, $1200 deposit, pets are allowed with a one time,

    4617 Us-60, Morehead, KY 40351

Why Live in Morehead

Morehead, located in Eastern Kentucky and the seat of Rowan County, is a rural area with a vibrant downtown scene. Established in 1854, its growth was bolstered by the opening of Morehead State University in 1887. The university contributes to an active Main Street, though it quiets down on weekends when students often return home. Morehead serves as a hub for surrounding communities, offering diverse shopping and dining options. Outdoor enthusiasts can enjoy the Morehead City Park Complex, Eagle Lake, and Cave Run Lake for hiking, fishing, and boating. The Sheltowee Trace National Recreation Trail, adorned with artist-painted turtle statues, runs through Morehead, extending into the Red River Gorge and Daniel Boone National Forest. Housing in Morehead includes midcentury homes, contemporary builds, ranch-style houses, cottages, and large New Traditional homes, often on spacious lots. The downtown area features local shops, murals, and eateries like Sawstone Brewing, with a lively atmosphere on weekdays. Essential stores such as Walmart, Kroger, and Lowe's are located on the west side. Education is provided by Rowan County Schools, with Morehead State University offering numerous undergraduate programs. Major roads like Route 60 and Interstate 64 connect Morehead to Lexington, 65 miles away, where residents can access Blue Grass Airport for flights.

Frequently Asked Questions

How much does it cost to rent a home in Morehead, KY?
The median rent for a home in Morehead, KY is $1,375 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Morehead, KY?
To comfortably afford the median rent in Morehead, KY, a household needs to earn roughly $55,000 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 $1,375 per month in Morehead, KY, renters typically need to show $4,125 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 Morehead, KY?
In Morehead, KY, the price-to-rent ratio is 14.2, 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.

Rental Trends in Morehead, KY

Rental Home Trends

Number of Homes for Rent
8
Median Rent
$1,375
Median Single Family Home Rent
$1,500
Median Townhouse Rent
$1,200
Median Condo Rent
$1,400
How to Rent a Home