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Manchester, KY

Full City Profile · Kentucky · Clay County County

2.5 /5.0
C+ Fair
2,041 Population 697/sq mi density
$30,291 Median Income $27,275 per capita
$109,100 Home Value $116,284 Zillow
$611 Median Rent 34.7% income on rent
55°F Avg Temperature 318 sunny days/yr
228 Violent Crime/100K 1,745 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$30,291 median income, 3.2% unemployment
A+
Affordability
4.7 / 5.0
$109,100 home value, $611/mo rent
F
Safety
1.0 / 5.0
228 violent crimes/100K
C
Education
2.3 / 5.0
15.9% bachelor's degree or higher

Housing Overview

Median Home Value
$109,100
61% below
US avg: $281,900
Median Rent
$611/mo
47% below
US avg: $1,163/mo
Homeownership Rate
47.4%
28% below US avg (65.4%)
Total Housing Units
925
Median year built: 1975

Home Value by Source

Census Median
$109,100
Zillow (ZHVI)
$116,284
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

47.4%
Owner-Occupied
52.6%
Renter-Occupied
47%
53%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$719/mo
1 Bedroom
$794/mo
2 Bedroom
$984/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,442/mo
Census median rent: $611/mo

Affordability & Housing Stock

Rent Burden
34.7%
of renters spending 30%+ of income on housing
12% above US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
47.4%

Complete Housing Data

Home Values

Census Median Value$109,100
Zillow Home Value (ZHVI)$116,284

Rent

Census Median Rent$611
FMR Studio$719
FMR 1-Bedroom$794
FMR 2-Bedroom$984
FMR 3-Bedroom$1,277
FMR 4-Bedroom$1,442

Market

Ownership & Stock

Owner-Occupied47.4%
Renter-Occupied52.6%
Homeownership Rate47.4%
Total Housing Units925
Median Year Built1975
Rent Burden34.7%