Median Age
31 Years
Largest Age Group
20-29 Years
Approximately 25% of Residents
Under 20
25%
Over 65
15%
Area Guide
Avg Rent
$647
Population
18,421
Renter Mix
55% Rent
Murray, Kentucky sits in the far western corner of the state, anchored by Murray State University and shaped by the rhythms of a classic college town. With a population of around 18,000, the city carries a close-knit, walkable character that sets it apart from larger Kentucky metros like Louisville and Nashville, both within a three-hour drive. Murray State draws students, faculty, and staff who contribute to a steady demand for housing and keep the local economy engaged year-round.
The city's layout balances a traditional downtown core with quieter residential streets that spread outward toward the city's edges. Renters will find a varied housing stock that includes older craftsman-style homes converted into apartments, purpose-built apartment communities near the university, and standalone rental houses throughout established neighborhoods. The mix gives renters real options, whether they prefer walkable proximity to campus and downtown or a more suburban feel just minutes away.
Murray's position near Kentucky Lake and the Land Between the Lakes National Recreation Area adds an outdoor dimension that shapes everyday life here. The city has earned recognition as one of the friendliest small towns in America, a distinction reflected in its active arts scene, community events, and the kind of local pride that shows up in places like the Playhouse in the Park, a Murray institution with roots going back decades.
Median Household Income
$41,151
Average: $59,309
Education
5,202
Residents Have a Degree
Job Market
8,841
Workers Employed
Median Age
31 Years
Largest Age Group
20-29 Years
Approximately 25% of Residents
Under 20
25%
Over 65
15%
Housing Distribution
Murray has more renters than homeowners.
Education Distribution
Review this city's overall education levels.
As of June 2026, the average apartment rent in Murray, KY is $647 for one bedroom, $921 for two bedrooms, and $863 for three bedrooms. Apartment rent in Murray has increased by 3.5% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Murray, KY is for everyday living.
Not Walkable
Walkability
Exceptionally Drivable
Drivability
Somewhat Bikeable
Bikeability
Public
Grades PK-5
586 Students
Public
Grades K-8
635 Students
Southwest Calloway Elementary School
Public
Grades K-5
403 Students
North Calloway Elementary School
Public
Grades K-5
606 Students
East Calloway Elementary School
Public
Grades K-5
316 Students
Public
Grades K-8
635 Students
Public
Grades 6-8
602 Students
Public
Grades 9-12
593 Students
Public
Grades 9-12
795 Students
Murray/Calloway County Area Tech Center
Public
Grades 9-12
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© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.