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Island, KY Home Values and Rents

The typical home value in Island is $142,883. Median rent is $929 a month.

Typical home value
$142,883
Zillow
Median rent
$929/mo
ACS 2020-2024
Price change, 1 year
-2.6%
Sep 2026
Homeownership
76.3%
KY: 68.3%

Typical home value in Island

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodIsland
Sep 2026$142,883
Dec 2025$136,122
Dec 2024$151,571
Dec 2023$141,368
Dec 2022$138,535
Dec 2021$124,091
Dec 2020$116,631
Dec 2019$99,453
Dec 2018$98,028
Dec 2017$85,959
Dec 2016$77,100
Dec 2015$75,957
Dec 2014$70,705
Dec 2013$63,572
Dec 2012$61,439

Over five years, Island prices changed +17.8%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Owensboro, KY MSA

KY rents
Unit sizeMonthly rentvs FY2026
Studio$864+2.9%
1 bedroom$870+2.8%
2 bedrooms$1,138+2.5%
3 bedrooms$1,507+2.8%
4 bedrooms$1,516+3.1%

Frequently asked questions

What is the typical home value in Island, KY?
The typical home value in Island is $142,883 (Zillow Home Value Index, Sep 2026). The Kentucky median is $205,600.
How much is rent in Island?
The median rent in Island is $929 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,138.
Are home prices going up in Island?
The typical home value in Island changed -2.6% over one year and +17.8% over five years, as of Sep 2026.