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ZIP Code · KY

ZIP 40701

Part of Corbin, KY
Pop. 30,526·Whitley County·83rd most expensive ZIP in Kentucky
Median rent (all units)
$875/mo
Year-over-Year
Stable
Month-over-Month
-19.6%
vs US Median
-$1,090
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 40701 · $875
More affordable than 99% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$640
1 BR
$710
2 BR
$900
3 BR
$1,080
4 BR+
$1,320
Research median
$900/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
$10,500/yr
At $875/mo median
Location
CityCorbin
StateKY
CountyWhitley County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -19.6% MoM), not inventory.
Demographics

Who lives here

ZIP 40701 (Corbin, KY) is majority owner-occupied, has a median income below the national average, 20.3% of residents hold a bachelor's degree or higher.

Population
30,526
Median income
$47,204
Median age
40.8
Renters
32.2%
Age distribution
23.1%
19.9%
24.3%
12.8%
20%
Under 1823.1%
18–3419.9%
35–5424.3%
55–6412.8%
65+20%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
96.3%
White96.3%
Hispanic1.5%
Other1.6%
Education (25+)
15.4%
38.6%
25.7%
20.3%
No HS diploma15.4%
HS diploma38.6%
Some college25.7%
Bachelor's+20.3%
Housing tenure
67.8%
32.2%
Owner67.8%
Renter32.2%

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

2021 vs 2026

How ZIP 40701 in Corbin, KY has changed in 5 years

Income
$46,738 → $47,204
up 1.0%
Population
30,020 → 30,526
up 1.7%
Renter share
33.7% → 32.2%
-1.5 pts
Bachelor's+
22% → 20.3%
-1.7 pts
Median age
40.3 → 40.8
+0.5 yrs

On the earnings side, the typical household in ZIP 40701 in Corbin, KY now reports about $47,204, up from $46,738 in 2021. Headcount in the area went from 30,020 to 30,526 between 2021 and 2024, a 1.7% change. About 32.2% of households rent today, against 33.7% in 2021.

Community

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Local insights

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About renting in ZIP 40701

Last updated: July 20, 2026

ZIP code 40701 covers Corbin, KY. The median rent here is $875/mo as of July 2026. A 1-bedroom rents for a median of $710/mo. A 2-bedroom rents for a median of $900/mo.

At 22% of local median household income ($47,204/yr), ZIP 40701 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 40701?

As of July 20, 2026, the median monthly rent in ZIP 40701 (Corbin, KY) is $875. This is based on aggregated data from public sources and community submissions.

How does ZIP 40701 rent compare to the US average?

ZIP 40701's median rent of $875/mo is $1,090 (55%) below the US national median of $1,965/mo.

How does ZIP 40701 compare to other ZIPs in Kentucky?

ZIP 40701 is among the more affordable ZIP codes in Kentucky, ranking #83 out of 83 ZIPs at $875/mo.

How much income do you need to rent in ZIP 40701?

To keep rent at or below 30% of gross income, you would need to earn at least $35,000/year (~$17/hour full-time) to afford the median rent of $875/mo in ZIP 40701. The local median household income is $47,204/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 40701?

Rent in ZIP 40701 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 40701 an affordable place to rent?

ZIP 40701 is considered very affordable for renters. At $875/mo, rent takes approximately 22% of the local median household income ($47,204/yr). The standard benchmark is 30%. ZIP 40701 falls comfortably within that range.

What percentage of ZIP 40701 residents rent vs. own?

According to Census data, approximately 32.2% of ZIP 40701 households are renters, while 67.8% are owner-occupied. ZIP 40701 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 40701 compare to the rest of Corbin?

ZIP 40701 sits right at the Corbin citywide median of $875/mo.

When was rent data for ZIP 40701 last updated?

Rent data for ZIP 40701 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $875/mo, rent takes ~22% of ZIP 40701's median household income ($47,204/yr). The standard benchmark is 30%.

ZIP 40701 22%Benchmark 30%
State income tax4%
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Schools nearby

Public schools near ZIP 40701 (Corbin, KY)

Recent submissions

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