St. Matthews, KY Rental Market Trends
Highlights
The average rent for an apartment in St. Matthews is $1,001, a 5% increase compared to the previous year, when the average rent was $955.
Average Rent in St. Matthews, KY
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,001 | 5% | 946 sq. ft. |
The average size for a St. Matthews, KY apartment is 946 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.
St. Matthews, KY Apartment Rent Ranges
- $501-$7001%
- $701-$1,00059%
- $1,001-$1,50036%
- $1,501-$2,0005%
St. Matthews, KY Occupied Housing Units
- Renter-occupied Households55%
- Owner-occupied Households44%
4,930 or 55% of the households in St. Matthews, KY are renter-occupied while 3,882 or 44% are owner-occupied.
St. Matthews, KY Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Apr / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| St. Matthews, KY | $927 | $948 | $926 | $940 | $940 | $955 | $968 | $978 | $1,001 |
| National | $1,337 | $1,369 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 |
How St. Matthews Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Louisville | $960 | 3% |
| Lexington | $918 | 2% |
| Florence | $915 | 5% |
| Covington | $1,130 | 41% |
| Ft Mitchell | $823 | 6% |
| Lyndon | $1,034 | 4% |
| Hills and Dales | $1,043 | 4% |
| Hurstbourne | $1,003 | 5% |
| Hurstbourne Acres | $945 | 4% |
| St. Matthews | $1,001 | 5% |
| Graymoor - Devondale | $1,003 | 5% |
For more information about the St. Matthews 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.
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