Apartments & Homes for Rent in 40701

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What to Know About

Living in 40701

Corbin, known for its natural beauty, historic landmarks, and friendly community, is nestled in the foothills of the Appalachian Mountains. History enthusiasts can visit the Corbin Railroad Museum, and culture lovers will enjoy the Corbin Arts Center, Corbin Community Theatre, and Corbin Performing Arts Center. As for education, you can find the University of the Cumberlands in Corbin, which is renowned for its excellence in higher education. In addition, Corbin has a thriving economy with manufacturing, healthcare, retail, and services industries.

Nature enthusiasts will find a range of outdoor activities in Corbin, from Cumberland Falls State Resort Park, which offers breathtaking views of the Cumberland River and the famous "moonbow" phenomenon to Cumberland Falls. Corbin is also known for its famous fried chicken and southern-style cuisine, with many local restaurants serving traditional Kentucky dishes. Corbin also hosts several major events throughout the year, such as the NIBROC Festival and the Moonbow Nights at Cumberland Falls.

With its charming downtown district, beautiful parks, and outdoor recreational activities, Corbin is the perfect place to settle down and enjoy life.

Rental Market Trends

Corbin, KY

As of April 2025, Corbin's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Corbin's average rent is 24.9% ($315) lower than the Kentucky average of $1,265 and 47.2% ($849) lower than the U.S. average of $1,799.

Average Rent
$950
Monthly ChangeMonth Over Month Change
Increased25.8% ($195)
Yearly ChangeYear Over Year Change
Decreased21.8% ($265)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $632 Decreased2.2% ($14) Decreased29.9% ($270)
2 Beds $764 Decreased4.9% ($39) Decreased32.4% ($367)
3 Beds $960 Decreased1.2% ($12) Decreased26.3% ($342)
Nearby Cities Average Rent Avg. Rent vs. CorbinAverage Rent vs. Corbin Avg. Days on MarketAverage Days on Market
London $1,109 Increased16.7% ($159) 30 days
Williamsburg $750 Decreased21.1% ($200) 35 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Corbin Rental Market FAQs

Explore rental prices, market trends, and availability in Corbin, KY.

The average rent in Corbin, KY is $950 per month.
Homes in Corbin typically rent for between $600 and $1,248 per month, with an average of $950 per month.
In Corbin, the average rent for a 1-bedroom home is $632 per month, for a 2-bedroom home, $764 per month, and a 3-bedroom home is $960 per month.
The average rent in Corbin is 47.2% ($849) lower than the national average of $1,799 per month.
The average rent in Corbin has increased by 25.8% ($195) in the last month and decreased by 21.8% ($265) over the past year.
The rental market in Corbin, KY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Corbin, KY, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 6 rental properties available in Corbin, KY.
Based on the current averages, a household would need an annual income of $30,560 to comfortably afford a 2-bedroom home in Corbin.
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