Nicholasville, KY Rental Market Trends
Highlights
The average rent for an apartment in Nicholasville is $828, a change amounting to approximately 0% compared to the previous year.
Average Rent in Nicholasville, KY
Average Rent | Y-o-Y Change | Average Apartment Size |
---|---|---|
$828 | 0% | 856 sq. ft. |
The average size for a Nicholasville, KY apartment is 856 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.
Nicholasville, KY Apartment Rent Ranges
- $501-$70040%
- $701-$1,00034%
- $1,001-$1,50026%
Nicholasville, KY Occupied Housing Units
- Renter-occupied Households28%
- Owner-occupied Households71%
3,159 or 28% of the households in Nicholasville, KY are renter-occupied while 8,057 or 71% are owner-occupied.
Nicholasville, KY Rent Trends
Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
---|---|---|---|---|---|---|---|---|---|
Nicholasville, KY | $829 | $829 | $752 | $790 | $862 | $827 | $808 | $846 | $828 |
National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |

How Nicholasville Compares to Other Cities
Average Rent | Y-o-Y Change | |
---|---|---|
Louisville | $995 | 2% |
Lexington | $952 | 4% |
Florence | $998 | 9% |
Covington | $1,116 | -1% |
Erlanger | $863 | 8% |
Georgetown | $954 | 5% |
Nicholasville | $828 | n/a |
Frankfort | $780 | 6% |
Richmond | $696 | 1% |
Lawrenceburg | $729 | 3% |
For more information about the Nicholasville rental trends, check out our monthly rent report
Check out Kentucky Cities, Kentucky Neighborhoods and Kentucky Zip Codes for more details on verified listings, including the Kentucky Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!