Ashland, KY Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Ashland is $955, a 0.61% increase compared to the previous year, when the average rent was $949.
One-bedroom apartments provide 766 square feet for $794, balancing privacy and affordability.
Two-beedroom units at $1,017 offer 1,113 square feet, perfect for roommates or small families.
Average rent in Ashland, KY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $955 | 979 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $794 | 766 sq. ft. |
| 2 Beds | $1,017 | 1,113 sq. ft. |
| 3 Beds | n/a | n/a |
Ashland, KY rent trends
Rental prices in Ashland, KY have increased by 0.61% over the past year. The average rent moved from $949 to $955.
What's the typical rent budget in Ashland, KY?
The largest share of rentals in Ashland, KY (63%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Ashland, KY?
3,749 or 40% of the households in Ashland, KY are renter-occupied while 5,607 or 60% are owner-occupied.
How Ashland Compares to Other Cities
| City | Average Rent |
|---|---|
| Ashland | $955 |
| Louisville | $1,314 |
| Lexington | $1,344 |
| Florence | $1,403 |
| Richmond | $958 |
| Covington | $1,532 |
| Newport | $1,490 |
| Shelbyville | $1,155 |
| Ft Mitchell | $1,189 |
| Elizabethtown | $1,235 |
| Erlanger | $1,427 |
| Huntington, WV | $1,294 |
| Barboursville, WV | $1,096 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Ashland apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.