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Morehead, KY Home Values and Rents

The typical home value in Morehead is $188,842, 105th highest of 239 cities and towns in Kentucky. Median rent is $800 a month.

Typical home value
$188,842
105th of 239 in KY
Median rent
$800/mo
ACS 2020-2024
Price change, 1 year
-1.6%
Sep 2026
Homeownership
33.0%
KY: 68.3%

Typical home value in Morehead

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodMorehead
Sep 2026$188,842
Dec 2025$189,375
Dec 2024$181,713
Dec 2023$172,889
Dec 2022$160,274
Dec 2021$147,158
Dec 2020$132,324
Dec 2019$124,000
Dec 2018$118,955
Dec 2017$116,930
Dec 2016$114,618
Dec 2015$107,715
Dec 2014$105,677
Dec 2013$100,935
Dec 2012$96,874

Over five years, Morehead prices changed +29.5%.

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

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Fair Market Rents, FY2027

HUD rent standard for Rowan County, KY

KY rents
Unit sizeMonthly rentvs FY2026
Studio$701+11.6%
1 bedroom$791+7.6%
2 bedrooms$977+7.2%
3 bedrooms$1,252+8.3%
4 bedrooms$1,633+6.9%

Frequently asked questions

What is the typical home value in Morehead, KY?
The typical home value in Morehead is $188,842 (Zillow Home Value Index, Sep 2026). The Kentucky median is $205,600.
How much is rent in Morehead?
The median rent in Morehead is $800 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $977.
Are home prices going up in Morehead?
The typical home value in Morehead changed -1.6% over one year and +29.5% over five years, as of Sep 2026.
How does Morehead compare with the rest of Kentucky?
Morehead has the 105th highest median home value of 239 cities and towns with 1,000+ residents in Kentucky.