Nicholasville, KY Rental Market Trends
Highlights
The average rent for an apartment in Nicholasville is $829, a 3% increase compared to the previous year, when the average rent was $807.
Studio apartments in Nicholasville rent for $558 a month, while 1-bedroom apartments ask on average $865 a month; the average rent for a 2-bedroom apartment is $776.
Average Rent in Nicholasville, KY
Last updated Oct 2018
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $829 | $558 | $865 | $776 | $1,282 |
| Y-o-Y Change | 3% | 15% | 6% | 1% | n/a |
| Average Apartment Size | 857 sq. ft. | 288 sq. ft. | 718 sq. ft. | 902 sq. ft. | 1,271 sq. ft. |
The average size for a Nicholasville apartment is 857 square feet, but this number varies greatly depending on apartment type. A studio averages 288 sq. ft., while a one-bedroom apartment offers a more generous square footage: 718. 2-bedroom apartments in Nicholasville have an average size of 902 sq. ft.
Nicholasville, KY Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Oct / 2018 | $829 | $558 | $865 | $776 | $1,282 |
| Jan / 2018 | $829 | $558 | $865 | $776 | $1,282 |
| Sept / 2017 | $755 | $510 | $847 | $681 | $1,131 |
| May / 2017 | $807 | $485 | $819 | $766 | $1,278 |
| Jan / 2017 | $796 | $571 | $841 | $735 | $1,281 |
| Sept / 2016 | $773 | $505 | $758 | $754 | $1,136 |
| May / 2016 | $807 | $450 | $850 | $752 | $1,280 |
| Jan / 2016 | $745 | $485 | $755 | $710 | $1,135 |
| Sept / 2015 | $570 | $439 | $525 | $582 | $725 |
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How Does Nicholasville Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Nicholasville | $829 | 3% |
| Wilmore | $829 | 3% |
For more information about the Nicholasville rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Nicholasville apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.