Apartments for Rent in Parkway Village, KY

Prices and availability in Parkway Village, KY were last updated on 10 Jul 2026.

The best apartments in Parkway Village, KY are: 2733 Preston Highway and 816 Melford Rd Unit #2.

The average rent in Parkway Village, KY is $1,418.

In Parkway Village, 17% of the residents are renting compared to 83% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Parkway Village's rentals, 26% are small-scale complexes with under 50 units, and 74% 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 Parkway Village are about 24 years old, on average. Of these, 58% 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 70% of the rental communities here are low-rise, garden-style communities, 37% 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 Parkway Village come in a range of sizes and floorplans. Studio apartments represent 2% 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 33% of the total apartments in the city, while 2-bedroom floorplans represent around 45% of all rentals in Parkway Village. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.