Housing in Morganfield, KY

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$151,744

Morganfield vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Morganfield is highlighted.

Median Home Value

Median Rent

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$116,100

Median Rent

$830

Total Housing Units

1,685

Vacancy Rate

19.0%

Owner Occupied

55.7%

Renter Occupied

44.3%

Median Property Tax

$900

per year

Monthly Cost (w/ Mortgage)

$747

Housing Types

Single Family
79.5%
Multi-Family
9.4%
Mobile Home
11.2%

The median home value in Morganfield, KY is $116,100. According to Zillow, the home value index for Morganfield is $151,744. The median rent is $830 per month (Census ACS). About 55.7% of housing units are owner-occupied. The median year homes were built is 1967. There are 1,685 total housing units.