Independence, KY Rental Market Trends
What is the average rent in Independence?
The average rent for an apartment in Independence is $1,351. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Independence, KY
Last updated November 2024
| Average Rent | Average Apartment Size |
|---|---|
| $1,351 | 1,040 sq. ft. |
What is the average apartment size in Independence?
The average size for a Independence, KY apartment is 1,040 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.
Independence, KY apartment rent ranges
Independence, KY Occupied Housing Units
1,897 or 19% of the households in Independence, KY are renter-occupied while 8,071 or 81% are owner-occupied.
Independence, KY rent trends
How Independence Compares to Other Cities
| State | Average Rent |
|---|---|
| Louisville | $1,291 |
| Cincinnati | $1,364 |
| Lexington | $1,311 |
| Richmond | $871 |
| Florence | $1,365 |
| Hopkinsville | $976 |
| Covington | $1,517 |
| Newport | $1,399 |
| Oak Grove | $941 |
| Shelbyville | $1,097 |
| Elizabethtown | $1,164 |
| Ft Mitchell | $1,131 |
| Independence | $1,351 |
| Burlington | $1,444 |
| Erlanger | $1,190 |
| Walton | $1,342 |
| Cheviot | $1,060 |
| Fort Wright | $1,546 |
| Norwood | $1,620 |
| Cold Spring | $1,452 |
| Crescent Springs | $1,131 |
What is the average price for a storage unit in Independence?
The average rent for a non-climate-controlled 10'x10' storage unit in Independence is $55. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Independence
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The Villages Of Independence
10702 Brentridge Circle, Independence, KY 41051| 2 BEDS | $1,940+ |
| 3 BEDS | N/A |
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Indian River Apartments
6517 Indian River Rd., Independence, KY 41051| STUDIO | $800 |
| 1 BED | $625 |
| 2 BEDS | $800 |
Furlong Trails
4217 Beechgrove Dr. #1, Independence, KY 41051| 1 BED | $925 |
| 2 BEDS | $1,000 |