Apartments for Rent in Parkway Village, KY

Prices and availability in Parkway Village, KY were last updated on 26 Oct 2026.

The best apartments in Parkway Village, KY are: 814 Melford Ave., 822 Melford Avenue, 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 average age of rental buildings in Parkway Village is 24 years old, with 58% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 70% are garden-style apartment communities, 37% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

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.