Rent in Manchester, KY
A 2-bedroom in Manchester, KY (ZIP 40962) typically rents for about $644 a month, with a range of $644–$909. Owner-occupied homes in Clay County pay about 0.70% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $650 | $650 | 1 |
| 1 bed | $573 | $573–$835 | 1 |
| 2 beds | $644 | $644–$909 | 1 |
| 3 beds | $854 | $854–$1,254 | 1 |
| 4 beds | $860 | $860–$1,270 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Manchester ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Manchester, KY?
- About $644 a month: the median of the typical rents in 1 ZIP code, which range from $644–$909. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Manchester, KY?
- About $573 a month: the median of the typical rents in 1 ZIP code, which range from $573–$835. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Manchester, KY?
- About $854 a month: the median of the typical rents in 1 ZIP code, which range from $854–$1,254. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Manchester, KY?
- About $650 a month: the median of the typical rents in 1 ZIP code, which range from $650. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Manchester, KY?
- About $860 a month: the median of the typical rents in 1 ZIP code, which range from $860–$1,270. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Manchester, KY?
- Owner-occupied homes in Clay County pay a typical 0.70% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Manchester rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).