Corbin City renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Corbin City is about $1,321 per month. This puts it in the 26th percentile compared to the state average cost of rent, which is $1,647. Households in Corbin City have a median income of $7,621 per month so the average renter in Corbin City is spending roughly 17% of their earnings on housing.
Nationally, and in Corbin City, home values are the data point most closely correlated with the cost of rent. The median price of a home in Corbin City is $235,780 right now, which is lower than nearby cities, meaning that rents in Corbin City also tend to be lower versus these nearby cities.
Higher rent prices are common in the northeastern parts of Corbin City while lower rent rates are often available in southwestern areas.
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