City Report · KY

Corbin

Pop. 8,246·33rd most expensive in Kentucky·One of the most affordable rental markets in the US
Median rent (all units)
$1,098/mo
Year-over-Year
Stable
Month-over-Month
Stable
vs US Median
-$834
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Corbin · $1,098
More affordable than 96% of US cities · National median $1,932/mo
Affordability
26% of income
AFFORDABLE
0%30% benchmark60%+

At $1,098/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$44,000/yr
Local median income
$51,065/yr
Based on the 30%-of-income rule using Corbin's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$640
1 BR
$690
2 BR
$900
3 BR
$1,100
4 BR+
$1,300
Fair Market Rent (HUD)
$900/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,098 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($51,065) is $1,277 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,100); a 4-bedroom is $1,300.

From Zillow's monthly rent index (ZORI) for Corbin. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$13,176/yr
At $1,098/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.1% MoM), not inventory.
Rent check

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Demographics

Who lives here

Corbin, KY is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 25.5% of residents hold a bachelor's degree or higher.

Population
8,246
Median income
$51,065
Median age
37.6
Renters
46.5%
Age distribution
25.4%
21.1%
25.6%
19.5%
Under 1825.4%
18–3421.1%
35–5425.6%
55–648.4%
65+19.5%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
94.8%
White94.8%
Black0.9%
Hispanic1.3%
Other2.9%
Education (25+)
12.4%
39.9%
22.3%
25.5%
No HS diploma12.4%
HS diploma39.9%
Some college22.3%
Bachelor's+25.5%
Housing tenure
53.5%
46.5%
Owner53.5%
Renter46.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Corbin, KY has changed in 5 years

Income
$45,307 → $51,065
up 12.7%
Population
8,397 → 8,246
down 1.8%
Renter share
46.3% → 46.5%
+0.2 pts
Bachelor's+
26.6% → 25.5%
-1.1 pts

On the earnings side, the typical household in Corbin, KY now reports about $51,065, up from $45,307 in 2021. The population has contracted by 1.8% since 2021, moving from about 8,397 residents to roughly 8,246.

Community

Discussions about Corbin

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View Corbin rent history (2015–2026) →
Salary vs rent

Can you afford rent in Corbin on your salary?

At $1,098/mo, how Corbin rent compares to typical pay (30% rule).

By apartment size

Corbin rent by bedroom count

Median rent for each apartment size in Corbin. Click any size for full breakdown.

Local insights

Tips for renters in Corbin

About renting in Corbin, KY

Last updated: October 17, 2026

The median rent in Corbin is $1,098/mo as of October 2026. A studio apartment averages $640/mo while a 2-bedroom runs $900/mo. One-bedroom apartments average $690/mo and 3-bedroom units go for $1,100/mo.

At 26% of local median household income ($51,065/yr), Corbin ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Corbin?

To keep rent at or below 30% of gross income, you would need to earn at least $44,000/year (about $21/hour full-time) to afford the median rent of $1,098/mo in Corbin. The local median household income is $51,065/yr, so the typical household meets that bar.

Is rent going up or down in Corbin?

Rent in Corbin has been roughly flat over the past year, a 0.0% change.

How does Corbin rent compare to other cities in Kentucky?

Corbin is one of the more affordable among Kentucky cities for rent, ranking #33 of 38 tracked cities at $1,098/mo.
Income Affordability
26%
AFFORDABLE

At $1,098/mo, rent takes ~26% of Corbin's median household income ($51,065/yr). The standard benchmark is 30%.

Corbin 26%Benchmark 30%
State income tax4%
Run the Corbin affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Corbin, KY

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