Melbourne, KY
Full City Profile · Kentucky · Clermont County County
4.1
/5.0
A
Great
539
Population
642/sq mi density
$66,458
Median Income
$26,325 per capita
$160,400
Home Value
$310,093 Zillow
$638
Median Rent
28.8% income on rent
55°F
Avg Temperature
A
Overall
4.1 / 5.0
Strong
B+
Economy
3.6 / 5.0
$66,458 median income, 6.1% unemployment
A+
Affordability
5.0 / 5.0
$160,400 home value, $638/mo rent
B+
Education
3.6 / 5.0
32.9% bachelor's degree or higher
Housing Overview
Median Home Value
$160,400
43% below
US avg: $281,900
Median Rent
$638/mo
45% below
US avg: $1,163/mo
Homeownership Rate
95.7%
46% above US avg (65.4%)
Total Housing Units
188
Median year built: 1965
Home Value by Source
Census Median
$160,400
Zillow (ZHVI)
$310,093
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
95.7%
Owner-Occupied
4.3%
Renter-Occupied
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:
$638/mo
Affordability & Housing Stock
Rent Burden
28.8%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
95.7%
Complete Housing Data
Home Values
| Census Median Value | $160,400 |
| Zillow Home Value (ZHVI) | $310,093 |
Rent
| Census Median Rent | $638 |
| 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-Occupied | 95.7% |
| Renter-Occupied | 4.3% |
| Homeownership Rate | 95.7% |
| Total Housing Units | 188 |
| Median Year Built | 1965 |
| Rent Burden | 28.8% |