RentDataNowRentDataNow
ZIP Code · KY

ZIP 40353

Pop. 22,725·Montgomery County·75th most expensive ZIP in Kentucky
Median rent (all units)
$1,102/mo
Year-over-Year
Stable
Month-over-Month
-9.3%
vs US Median
-$828
Falling (Monthly)
Be the first to discuss 40353 rents ↓
Most AffordableMost Expensive
ZIP 40353 · $1,102
More affordable than 95% of US ZIP codes · National median $1,930/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$720
1 BR
$890
2 BR
$1,050
3 BR
$1,430
4 BR+
$1,610
Research median
$1,050/mo

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

Rent trends

12-month history

Loading…

Last updated: April 17, 2026

Annual cost
$13,224/yr
At $1,102/mo median
Location
StateKY
CountyMontgomery County
Demographics

Who lives here

ZIP 40353 (Mount Sterling, KY) is majority owner-occupied, has a median income below the national average, 22.5% of residents hold a bachelor's degree or higher.

Population
22,725
Median income
$57,329
Median age
41.7
Renters
33.4%
Age distribution
21.1%
21.7%
26.9%
12.3%
18.1%
Under 1821.1%
18–3421.7%
35–5426.9%
55–6412.3%
65+18.1%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
90.6%
White90.6%
Black1.7%
Hispanic3.9%
Asian0.6%
Other3.2%
Education (25+)
12.8%
37.7%
27%
22.5%
No HS diploma12.8%
HS diploma37.7%
Some college27%
Bachelor's+22.5%
Housing tenure
66.6%
33.4%
Owner66.6%
Renter33.4%

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

2021 vs 2026

How ZIP 40353 in Mount Sterling, KY has changed in 5 years

Income
$52,000 → $57,329
up 10.2%
Population
21,942 → 22,725
up 3.6%
Renter share
37.9% → 33.4%
-4.5 pts
Bachelor's+
17.6% → 22.5%
+4.9 pts
Median age
41.1 → 41.7
+0.6 yrs

Census figures show median household income at $57,329 today, compared with $52,000 five years earlier. Census counts show ZIP 40353 in Mount Sterling, KY adding about 783 residents over the five-year window, up 3.6% on net. The renter share has eased from 37.9% to 33.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 17.6% to 22.5% across the same window.

Community

Discussions about ZIP 40353

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 40353

About renting in ZIP 40353

Last updated: April 17, 2026

ZIP code 40353 covers Mount Sterling, KY. The median rent here is $1,102/mo as of April 2026. A 1-bedroom rents for a median of $890/mo. A 2-bedroom rents for a median of $1,050/mo.

At 23% of local median household income ($57,329/yr), ZIP 40353 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 is rent in ZIP code 40353?

As of April 17, 2026, the median monthly rent in ZIP 40353 (Mount Sterling, KY) is $1,102. This is based on aggregated data from public sources and community submissions.

How does ZIP 40353 rent compare to the US average?

ZIP 40353's median rent of $1,102/mo is $828 (43%) below the US national median of $1,930/mo.

How does ZIP 40353 compare to other ZIPs in Kentucky?

ZIP 40353 is among the more affordable ZIP codes in Kentucky, ranking #75 out of 81 ZIPs at $1,102/mo.

How much income do you need to rent in ZIP 40353?

To keep rent at or below 30% of gross income, you would need to earn at least $44,000/year (~$21/hour full-time) to afford the median rent of $1,102/mo in ZIP 40353. The local median household income is $57,329/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 40353?

Rent in ZIP 40353 has been relatively stable over the past year, with a 0.0% change year over year as of April 17, 2026.

Is ZIP 40353 an affordable place to rent?

ZIP 40353 is considered very affordable for renters. At $1,102/mo, rent takes approximately 23% of the local median household income ($57,329/yr). The standard benchmark is 30%. ZIP 40353 falls comfortably within that range.

What percentage of ZIP 40353 residents rent vs. own?

According to Census data, approximately 33.4% of ZIP 40353 households are renters, while 66.6% are owner-occupied. ZIP 40353 leans toward homeownership, which can mean a smaller rental inventory.

When was rent data for ZIP 40353 last updated?

Rent data for ZIP 40353 reflects April 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Affordability
23%
VERY AFFORDABLE

At $1,102/mo, rent takes ~23% of ZIP 40353's median household income ($57,329/yr). The standard benchmark is 30%.

ZIP 40353 23%Benchmark 30%
State income tax4%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 40353 (Mount Sterling, KY)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.