City Report · KY

Hopkinsville

Pop. 30,906·36th most expensive in Kentucky·Hopkinsville rents have dropped 6.7%, currently a renter's market
Median rent (all units)
$997/mo
Year-over-Year
-6.7%
Month-over-Month
-3.4%
vs US Median
-$968
Falling (Monthly)
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Most AffordableMost Expensive
Hopkinsville · $997
More affordable than 98% of US cities · National median $1,965/mo
Rent Reality Score
74/100
Good value
OverheatedFairGreat value

Rents are 12% below what Hopkinsville's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$997/mo
Expected by trend
$1,132/mo
The Rent Reality Score compares today's median rent to where Hopkinsville's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$800
1 BR
$880
2 BR
$1,130
3 BR
$1,580
4 BR+
$1,910
Research median
$1,130/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$11,964/yr
At $997/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 6.7% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-6.7% YoY, -3.4% MoM), not inventory.
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Demographics

Who lives here

Hopkinsville, KY is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 23.3% of residents hold a bachelor's degree or higher.

Population
30,906
Median income
$49,139
Median age
34.6
Renters
53%
Age distribution
25.1%
25.7%
21%
16.4%
Under 1825.1%
18–3425.7%
35–5421%
55–6411.7%
65+16.4%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
60.5%
26.7%
White60.5%
Black26.7%
Hispanic5%
Asian1.1%
Other6.7%
Education (25+)
12.9%
32.2%
31.6%
23.3%
No HS diploma12.9%
HS diploma32.2%
Some college31.6%
Bachelor's+23.3%
Housing tenure
47%
53%
Owner47%
Renter53%

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

2023 vs 2026

How Hopkinsville, KY has changed in 5 years

Rent
$890 → $997
up 12.0%
Income
$40,442 → $49,139
up 21.5%
Population
30,771 → 30,906
up 0.4%
Renter share
54.2% → 53%
-1.2 pts
Bachelor's+
18.9% → 23.3%
+4.4 pts
Median age
36.2 → 34.6
-1.6 yrs

Five years ago, renters in Hopkinsville, KY paid around $890 a month. That figure now sits near $997, up 12.0% from the 2023 baseline. Household income in the area moved from $40,442 to $49,139 across the same window, up 21.5% versus 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Bachelor's-degree-or-higher attainment moved from 18.9% to 23.3% across the same window. Reading these numbers side by side helps frame whether current listings in Hopkinsville, KY look reasonable against where the market sat half a decade ago.

Community

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

Can you afford rent in Hopkinsville on your salary?

At $997/mo, how Hopkinsville rent compares to typical pay (30% rule).

By apartment size

Hopkinsville rent by bedroom count

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

Local insights

Tips for renters in Hopkinsville

About renting in Hopkinsville, KY

Last updated: July 20, 2026

The median rent in Hopkinsville is $997/mo as of July 2026. A studio apartment averages $800/mo while a 2-bedroom runs $1,130/mo. One-bedroom apartments average $880/mo and 3-bedroom units go for $1,580/mo.

At 24% of local median household income ($49,139/yr), Hopkinsville ranks as affordable compared to the national benchmark of 30%. Rents have decreased 6.7% over the past year.

FAQ

Frequently asked questions

Is Hopkinsville an affordable city for renters?

Hopkinsville is considered very affordable for renters. At $997/mo, rent takes approximately 24% of the local median household income ($49,139/yr). The standard benchmark is 30%. Hopkinsville falls comfortably within that range.

How much income do you need to rent in Hopkinsville?

To keep rent at or below 30% of gross income, you would need to earn at least $40,000/year (~$19/hour full-time) to afford the median rent of $997/mo in Hopkinsville. The local median household income is $49,139/yr, meaning the typical Hopkinsville household meets that threshold.

Is rent going up or down in Hopkinsville?

Rent in Hopkinsville has decreased 6.7% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Hopkinsville rent compare to other cities in Kentucky?

Hopkinsville is one of the more affordable cities in Kentucky for rent, ranking #36 out of 39 tracked cities at $997/mo.

Which nearby cities are cheaper to rent in than Hopkinsville?

Russellville is nearby and more affordable at $890/mo, which is $107 less than Hopkinsville.

What percentage of Hopkinsville residents rent vs. own?

According to Census data, approximately 53% of Hopkinsville households are renters, while 47% are owner-occupied. With a majority renter population, Hopkinsville has a strong rental market.

How does Hopkinsville rent compare to the national average?

Hopkinsville's median rent of $997/mo is $968 (49%) below the US national median of $1,965/mo. Within Kentucky, it ranks #36 out of 39 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $997/mo, rent takes ~24% of Hopkinsville's median household income ($49,139/yr). The standard benchmark is 30%.

Hopkinsville 24%Benchmark 30%
State income tax4%
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Hopkinsville, KY

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