Kentucky Rental Market Trends
What is the average rent in Kentucky?
The average rent for an apartment in Kentucky is $1,287. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Kentucky
Average Rent | Average Apartment Size |
---|---|
$1,287 | 930 sq. ft. |
What is the average apartment size in Kentucky?
The average size for a Kentucky apartment is 930 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Kentucky apartment rent ranges
Kentucky Occupied Housing Units
564,035 or 32% of the households in Kentucky are renter-occupied while 1,205,067 or 68% are owner-occupied.
Kentucky rent trends

Average Rent in Kentucky By City
City | Average Rent |
---|---|
Prospect | $1,953 |
Dayton | $1,694 |
Covington | $1,517 |
Burlington | $1,444 |
Union | $1,442 |
Crestwood | $1,419 |
Newport | $1,399 |
Alexandria | $1,397 |
Bardstown | $1,375 |
Florence | $1,365 |
Nicholasville | $1,357 |
La Grange | $1,356 |
Latonia | $1,354 |
Independence | $1,351 |
Walton | $1,342 |
Georgetown | $1,316 |
Hebron | $1,312 |
Lexington | $1,311 |
Louisville | $1,291 |
Fort Thomas | $1,279 |
Fairdale | $1,231 |
Erlanger | $1,190 |
Shepherdsville | $1,177 |
Elizabethtown | $1,164 |
Buckner | $1,160 |
Ft Mitchell | $1,131 |
Shelbyville | $1,097 |
Winchester | $1,002 |
Frankfort | $997 |
Mount Sterling | $990 |
Lawrenceburg | $989 |
Hopkinsville | $976 |
Radcliff | $966 |
Oak Grove | $941 |
Richmond | $871 |
Berea | $859 |
Warsaw | $822 |
Muldraugh | $795 |
Versailles | $783 |
Dry Ridge | $713 |
What are the most affordable cities in Kentucky?
The most affordable cities in Kentucky are Dry Ridge, where the average rent goes for $713/month, Versailles, where renters pay $783/mo on average, and Muldraugh, where the average rent goes for $795/mo. If you’re looking for other great deals, check out the listings from Warsaw ($822), Berea ($859), and Richmond ($871), where the asking prices are below the average Kentucky rent of $1,287/mo.
What are the most expensive cities in Kentucky?
The most expensive cities in Kentucky are Covington ($1,517), Dayton ($1,694) and Prospect ($1,953).
What are the most popular cities in Kentucky?
The most popular city in Kentucky is Louisville, where there are 355 listings with an average rent of $1,291. Next up is Lexington, where apartments go for $1,311/month, followed by Richmond with $871 If you’re looking to rent in Kentucky’s most popular cities, make sure to also check out Florence, where renters pay $1,365 on average, and Hopkinsville, where the average monthly rent is $976.
Kentucky | Rent Comparison by City
Rent in Alexandria is 2% higher than in Bardstown
Alexandria rent is 9% higher than Kentucky average
Bardstown rent is 7% higher than Kentucky average
How Kentucky Compares to Other States
State | Average Rent | Average Apartment Size |
---|---|---|
Alabama | $1,288 | 987 sq. ft. |
Alaska | $1,482 | 702 sq. ft. |
Arizona | $1,575 | 849 sq. ft. |
Arkansas | $1,093 | 888 sq. ft. |
California | $2,587 | 853 sq. ft. |
Colorado | $1,884 | 871 sq. ft. |
Connecticut | $2,044 | 891 sq. ft. |
Delaware | $1,646 | 916 sq. ft. |
District of Columbia | $2,474 | 747 sq. ft. |
Florida | $1,955 | 973 sq. ft. |
Georgia | $1,608 | 1,015 sq. ft. |
Hawaii | $2,668 | 845 sq. ft. |
Idaho | $1,607 | 915 sq. ft. |
Illinois | $1,944 | 835 sq. ft. |
Indiana | $1,293 | 905 sq. ft. |
Iowa | $1,220 | 895 sq. ft. |
Kansas | $1,243 | 903 sq. ft. |
Kentucky | $1,287 | 930 sq. ft. |
Louisiana | $1,235 | 916 sq. ft. |
Maine | $1,971 | 840 sq. ft. |
Maryland | $1,859 | 903 sq. ft. |
Massachusetts | $2,837 | 887 sq. ft. |
Michigan | $1,346 | 915 sq. ft. |
Minnesota | $1,558 | 888 sq. ft. |
Mississippi | $1,305 | 1,011 sq. ft. |
Missouri | $1,273 | 898 sq. ft. |
Montana | $1,605 | 868 sq. ft. |
Nebraska | $1,285 | 934 sq. ft. |
Nevada | $1,525 | 902 sq. ft. |
New Hampshire | $2,112 | 883 sq. ft. |
New Jersey | $2,337 | 865 sq. ft. |
New Mexico | $1,389 | 831 sq. ft. |
New York | $2,739 | 847 sq. ft. |
North Carolina | $1,524 | 964 sq. ft. |
North Dakota | $1,077 | 959 sq. ft. |
Ohio | $1,279 | 897 sq. ft. |
Oklahoma | $1,035 | 857 sq. ft. |
Oregon | $1,757 | 847 sq. ft. |
Pennsylvania | $1,730 | 888 sq. ft. |
Rhode Island | $2,129 | 925 sq. ft. |
South Carolina | $1,594 | 1,003 sq. ft. |
South Dakota | $1,127 | 902 sq. ft. |
Tennessee | $1,494 | 947 sq. ft. |
Texas | $1,449 | 883 sq. ft. |
Utah | $1,597 | 917 sq. ft. |
Vermont | $2,152 | 937 sq. ft. |
Virginia | $1,972 | 919 sq. ft. |
Washington | $2,020 | 832 sq. ft. |
West Virginia | $1,275 | 976 sq. ft. |
Wisconsin | $1,548 | 907 sq. ft. |
Wyoming | $1,332 | 872 sq. ft. |
Popular Cities in Kentucky
- Apartments in Bardstown $1,375
- Apartments in Berea $859
- Apartments in Burlington $1,444
- Apartments in Covington $1,517
- Apartments in Crestwood $1,419
- Apartments in Dayton $1,694
- Apartments in Elizabethtown $1,164
- Apartments in Erlanger $1,190
- Apartments in Fairdale $1,231
- Apartments in Florence $1,365
- Apartments in Frankfort $997
- Apartments in Ft Mitchell $1,131
- Apartments in Georgetown $1,316
- Apartments in Hebron $1,312
- Apartments in Hopkinsville $976
- Apartments in Independence $1,351
- Apartments in Lexington $1,311
- Apartments in Louisville $1,291
- Apartments in Mount Sterling $990
- Apartments in Newport $1,399
- Apartments in Nicholasville $1,357
- Apartments in Oak Grove $941
- Apartments in Richmond $871
- Apartments in Shelbyville $1,097
- Apartments in Shepherdsville $1,177
- Apartments in Walton $1,342