Kentucky Mortgage Rates & Home Prices (2026)
Median price: $205,000 · Avg. rate: 6.89%
Kentucky Market Overview
$205,000
Median Home Price
6.89%
Avg. 30-Yr Rate
0.86%
Property Tax Rate
67.5%
Homeownership Rate
Kentucky is one of the most affordable states for homebuyers with median prices well under $250,000. The Kentucky Housing Corporation offers up to $10,000 in down payment assistance. Louisville and Lexington metros have the highest prices in the state.
Estimated Monthly Payment
Median home in Kentucky (20% down, 30-yr fixed)
$1,311/mo
Principal & Interest$1,079
Property Taxes$147
Home Insurance (est.)$85
Total Monthly (PITI)$1,311
Based on a $205,000 home with 20% down ($164,000 loan) at 6.89%. Does not include PMI, HOA, or other fees.
First-Time Buyer Programs in Kentucky
- KHC Regular DAP
- KHC Affordable DAP
- KHC Home Buyer Tax Credit
Contact your state's Housing Finance Agency for current program availability and requirements.
Rate Comparison: KY Rates
30-Year Fixed6.89%
15-Year Fixed6.13%
5/1 ARM (est.)6.14%
FHA 30-Year6.74%
VA 30-Year6.64%
Rates are estimates based on state averages and may vary by lender and borrower qualifications.
Frequently Asked Questions
Key Stats: KY
FHA Loan Limit$472,030
Median Income$55,573
Cost Index0.82x