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City · 9,763 residents · Jefferson County, Kentucky

Middletown , Kentucky

In Middletown, a typical home is worth $336,000 and typical rent is $1,502 a month. Compared with all of Jefferson County, the typical home value is 35% higher, typical rent is 31% higher, and the share of households that own their home is 5 points lower.

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  • Typical home value

    $336,000

    35% above the county

    63% above Kentucky

    • Middletown
    • Jefferson
    • Kentucky

  • Typical rent

    $1,502a month

    31% above the county

    55% above Kentucky

    • Middletown
    • Jefferson
    • Kentucky

  • Typical household income

    $82,537a year

    18% above the county

    30% above Kentucky

    • Middletown
    • Jefferson
    • Kentucky

  • Households that own their home

    57%

    5 points below the county

    11 points below Kentucky

    • Middletown
    • Jefferson
    • Kentucky

Source: U.S. Census Bureau, Average 2020–2024

Middletown is in Jefferson County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Jefferson County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Middletown apart

What this place has that others do not, from public data, most unusual first.

  1. Middletown has the 4th highest typical rent of the 85 cities in Kentucky with more than 5,000 people ($1,502).

  2. The typical home in Middletown is worth $336,000, 35% more than in Jefferson County as a whole ($248,400).

  3. Nearby, in Jeffersontown, the typical home value is $250,700: 25% less than in Middletown ($336,000).

  4. Nearby, in Crestwood, the typical rent is $1,188: 21% less than in Middletown ($1,502).

  5. The typical household income in Middletown is $82,537, 18% more than in Jefferson County as a whole ($69,866).

  6. 57% of households in Middletown own their home, against 62% in Jefferson County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Middletown

What homes there are in Middletown, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is still the most common home in Middletown, but it weighs less than in Jefferson County: 51% against 64%.

Year built

Here half of the homes date from 1997 or later; in Jefferson County, from 1972 or later.

Homes in Middletown are smaller: 50% have 3 bedrooms or more; in Jefferson County, 57%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,046 a month

Jefferson County: $1,593 a month

Without a mortgage

$700 a month

Jefferson County: $608 a month

Owners with a mortgage

59%

Jefferson County: 64%

Owning costs more in Middletown: with a mortgage, the typical cost is $2,046 a month; in Jefferson County, $1,593. Without one, $700.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Middletown rose 56%; in Jefferson County, it rose 46%.

The typical rent in Middletown rose 36% over the same time; in Jefferson County, it rose 32%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureMiddletownJefferson CountyKentuckyUnited States
Rental vacancy Unreliable estimate6.3%4.6%5.5%
Homeowner vacancy Unreliable estimate0.9%0.9%0.9%
More than one person per room Unreliable estimate2.0%2.0%3.4%
People per household 2.212.322.432.53
Drive alone 76%72%77%69%
Carpool 8%8%9%9%
Public transit Unreliable estimate2%1%3%
Walk or bike Unreliable estimate2%2%3%
Work from home 12%14%10%15%
Other means Unreliable estimate2%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Much as in Jefferson County, a household in Middletown has 2.21 people on average.

In Middletown, 76% of workers drive alone to work; in Jefferson County, 72%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Middletown?

A typical home costs more than the typical income allows

We start with a typical home in Middletown, worth $336,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 40% of the typical household income in Middletown, which is $82,537 a year. For that payment to be 28% of income, a household would need to earn about $117,873 a year.

The calculator's FHA and conventional loan limits are those of all of Jefferson County.

Your numbers

Local data
$

Starts at the typical home value in Middletown. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $11,760 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,750

at 7.18% · 30 years

Loan amount
$329,914
Total interest
$474,669
Paid off in
November 2056

Includes $5,674 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,926 a month

  • Tight

    $1,926 to $2,476 a month

  • Hard

    more than $2,476 a month

    Your payment · 40%

Compared with the typical household income in Middletown ($82,537 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,750
Principal & interest$2,235
Property tax$227
Home insurance$140
FHA mortgage insurance (MIP)$149

You need at least $11,760 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Middletown and Jefferson County

Middletown is in Jefferson County, Kentucky. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Middletown's own numbers

Typical home value
$336,000
Typical monthly rent
$1,502
Typical yearly household income
$82,537
Households that own their home
57%
Effective property tax rate
0.81%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Jefferson County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,276
Price change over 5 years (FHFA)
+43%
Homes in a high flood-risk zone
1.9%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Jefferson County.

Everything about Jefferson County

Buying

Buying a home in Middletown

A typical home in Middletown is worth $336,000: 35% above the county and 63% above Kentucky. With the typical household income in Middletown ($82,537 a year), a typical home costs 4.1 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Middletown 4.1 years
  • Jefferson 3.6 years
  • Kentucky 3.2 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Jefferson County

According to FHFA’s house price index, home prices in Jefferson County rose 78% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Jefferson County.

Period County Kentucky U.S.
Last year (2025) +4.0% +3.9% +2.9%
5 years (2020–2025) +43% +50% +47%
10 years (2015–2025) +78% +84% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Middletown next to Jefferson County, Kentucky and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Middletown $336,000
  • Jefferson $248,400
  • Kentucky $205,600
  • United States $332,700
Typical monthly rent
  • Middletown $1,502
  • Jefferson $1,149
  • Kentucky $967
  • United States $1,413
Typical yearly household income
  • Middletown $82,537
  • Jefferson $69,866
  • Kentucky $63,726
  • United States $80,734
See the full table
Middletown next to Jefferson County and Kentucky
Measure Middletown Jefferson County Kentucky U.S.
Typical home value $336,000 $248,400 $205,600 $332,700
Typical monthly rent $1,502 $1,149 $967 $1,413
Typical yearly household income $82,537 $69,866 $63,726 $80,734
Households that own their home 57% 62% 68% 65%
Typical yearly property tax $2,715 $2,136 $1,544 $3,119
Effective property tax rate 0.81% 0.86% 0.75% 0.94%
Renters with high rent for their income 48% 47% 45% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Jefferson County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Middletown

For a typical $336,000 home in Middletown, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Middletown's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,750a month

    Least cash to close
    Down payment
    $11,760
    Cash to close
    $21,840
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $149

  • Conventional, 5% down $2,689a month

    Down payment
    $16,800
    Cash to close
    $26,880
    Rate
    7.18%
    Mortgage insurance
    PMI · $160

  • Conventional, 20% down, no PMI $2,188a month

    Down payment
    $67,200
    Cash to close
    $77,280
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,498a month

    Down payment
    $50,400
    Cash to close
    $60,480
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Middletown and for Jefferson County.

Property tax

Effective rate in Middletown

0.81%of the home’s value each year

$2,715 a year for the typical owner in Middletown.

  • Middletown 0.81%
  • Jefferson 0.86%
  • Kentucky 0.75%

What Kentucky publishes Homestead exemption for owners 65 or older or totally disabled (Kentucky Department of Revenue)

Exemptions and deadlines in Kentucky

Flood risk in Jefferson County

FEMA does not publish these numbers by city: they are for all of Jefferson County.

Homes in the high-risk zone
1.9%
4,595
Of those, with NFIP insurance
53%
County Kentucky U.S.
Homes in the high-risk zone 1.9% 3.5% 3.5%
Of those, with NFIP insurance 53% 19% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Middletown

Typical rent in Middletown is $1,502 a month: 31% above the county. In Middletown, 48% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Jefferson County, by unit size. To pay the 2-bedroom one ($1,276 a month) without spending more than 30% of your income, you would need to earn $24.54 an hour working full time.

HUD fair market rent for all of Jefferson County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $976 $18.77 $39,040
1 bedroom $1,058 $20.35 $42,320
2 bedrooms $1,276 $24.54 $51,040
3 bedrooms $1,629 $31.33 $65,160
4 bedrooms $1,874 $36.04 $74,960

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Middletown

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Middletown has 2 ZIP codes with their own.

For 2 bedrooms it runs from $1,480 in 40243 to $1,660 in 40223.

2 of the 2 are above the fair market rent for Jefferson County ($1,276).

  • 40223 $1,660$2,120
  • 40243 $1,480$1,890

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Middletown when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Middletown

HUD lists 2 buildings with rents for lower incomes in Middletown. These are the largest.

  • Woodside Village 313 Ian Ct, Middletown 40243 158 homes, 92 low-income · For families (502) 398-5367
  • Middletown Apartments Urton Lane, Middletown 40243 80 low-income homes · 1 bd: 20 · 2 bd: 39 · 3 bd: 21 · In service since 2019 · For families

See all 319 buildings in Jefferson County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Middletown

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 3 HUD-approved agencies with an office in Jefferson County; none says it serves in Spanish.

A young woman and a young man point to a line in their notes beside a laptop in a library.

HUD counseling is free or low-cost

Assistance programs in Middletown

No down payment, repair or rent-help program on our list is for Middletown or Jefferson County. The ones below are statewide in Kentucky: they work in Middletown the same as in the rest of the state.

Which programs do I qualify for? All programs in Kentucky

  • KHC Down Payment Assistance (DPA)

    Statewide in Kentucky

    Kentucky state corporation loan of up to $12,500 for the down payment and closing costs, repaid over 15 years as a second loan, for buyers who take a KHC mortgage. Offered by Kentucky Housing Corporation (KHC).

    Repayable

    See the program Official page

Housing counselors near Middletown

The HUD-approved agencies closest to the center of Middletown, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Apprisen - CCCS of the Midwest - Louisville

    10200 Linn Station Rd, Louisville · 3 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 2 more
    (800) 355-2227

  • The Housing Partnership, Inc

    1405 W Broadway Unit 101, Louisville · 14 miles away

    • Budget and financial counseling
    • Pre-purchase counseling
    • and 1 more
    (502) 585-5451

  • Louisville Urban League

    1535 W Broadway, Louisville · 14 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 10 more
    (502) 585-4622

Every agency in Jefferson County All counseling agencies in Kentucky

Help in Spanish near Middletown

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Middletown

In HUD’s record, no housing authority with an office in Jefferson County is named for Middletown or Jefferson County.

One other authority has an office in Jefferson County: see the list Source: HUD

Cities

Other cities in Jefferson County

These cities are also in Jefferson County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Jefferson County Housing in Kentucky

Nearby cities

The cities closest to Middletown, with the typical home value.

Neighboring counties

If Jefferson County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Middletown.

All guides
A family roasts marshmallows over a campfire at a forest campsite.

Questions

Housing questions about Middletown

Short answers with the numbers for Middletown and all of Jefferson County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Middletown?

The typical home value in Middletown is $336,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Jefferson County it is $248,400.

How much does it cost to rent in Middletown?

Typical rent in Middletown is $1,502 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Jefferson County is $1,276.

What is the FHA loan limit in Middletown?

Middletown uses the FHA limit for all of Jefferson County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Middletown?

The typical homeowner in Middletown pays $2,715 a year, according to the U.S. Census Bureau. That is 0.81% of the home’s value; in Jefferson County, the rate is 0.86%.

Where can I find free help to buy or rent in Middletown?

There are 3 HUD-approved counseling agencies with an office in Jefferson County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).