Apartments for Rent in Independence, KY

Prices and availability in Independence, KY were last updated on 24 Aug 2026.

The best apartments in Independence, KY are: The Villages of Independence, 2724 Parkerridge Drive Independence, KY 41051, Taylor Ridge, 1250 Monocacy Court and Indian River Apartments.

The average rent in Independence, KY is $1,351.

The price range for a studio apartment in Independence, KY is between $1,225 and $1,325.

The price range for a 1-bedroom apartment in Independence, KY is between $1,225 and $1,325.

The price range for a 2-bedroom apartment in Independence, KY is between $1,225 and $2,638.

The price range for a 3-bedroom apartment in Independence, KY is between $1,850 and $2,638.

In Independence, 16% of the residents are renting compared to 84% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 7% of Independence's rentals, 62% are small-scale complexes with under 50 units, and 30% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Independence are about 36 years old, on average. Of these, 17% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Independence come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 12% of the total apartments in the city, while 2-bedroom floorplans represent around 73% of all rentals in Independence. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.