Morehead, KY Real Estate

According to census data in the year 2000 there were 2,334 housing units in Morehead. This represents a 0.3% growth from 2,326 in 1990.

Of those housing units, 1,355 were located in either urbanized areas or urban clusters, and 979 were located in what is classified as a rural area.

Homeownership rate in Morehead is about 48.5%. Morehead's vacancy rate, including seasonal lodging, is about 8.7%. Average household size is 2.08 people.

The majority of houses, apartments or condos in Morehead were built after 1974.


Housing Size

Housing Units by Size
Studio Type4%
One Bedroom10.60%
Two Bedrooms33%
Three Bedrooms36.80%
Four Bedrooms12.30%
Five Bedrooms or more3.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1975
Median Value of occupied units$88,800
Median Price asked for vacant units$57,900

Rented Homes, Apartments and Condos

Average Household Size1.95
Median year structure was built1974
Median Monthly Rent asked for vacant units$328

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.20%
Home Equity Loan1.40%
Simple Mortgage42.10%
Debt Free52.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs13.3%