Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
St. Matthews, KY Rental Market Trends
What is the average rent in St. Matthews?
The average rent for an apartment in St. Matthews is $1,186. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in St. Matthews, KY
Last updated May 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,186 | 956 sq. ft. |
What is the average apartment size in St. Matthews?
The average size for a St. Matthews, KY apartment is 956 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
St. Matthews, KY Occupied Housing Units
4,708 or 52% of the households in St. Matthews, KY are renter-occupied while 4,182 or 47% are owner-occupied.
St. Matthews, KY Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | May / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| St. Matthews, KY | $968 | $978 | $1,001 | $998 | $1,051 | $1,051 | $1,063 | $1,105 | $1,147 | $1,186 |
| National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
How St. Matthews Compares to Other Cities
| City | Average Rent |
|---|---|
| Louisville | $1,096 |
| Lexington | $1,068 |
| Florence | $1,133 |
| Jeffersonville | $984 |
| Covington | $1,251 |
| Jeffersontown | $1,161 |
| Ft Mitchell | $965 |
| Clarksville | $864 |
| New Albany | $949 |
| Lyndon | $1,212 |
| Erlanger | $1,001 |
| Newport | $1,188 |
| Shepherdsville | $851 |
| Shively | $715 |
| Nicholasville | $1,056 |
| St. Matthews | $1,186 |
| Burlington | $1,141 |
| Frankfort | $819 |
| Shelbyville | $863 |
| Elizabethtown | $876 |
| Fairdale | $793 |
Most Popular Apartments in St. Matthews
Mallard Crossing At St. Matthews
400 Mallard Creek Rd., Louisville, KY 40207- Studio
- 1 BED
- 2+ BEDS
- $958+
- $830+
- $1,248+
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 St. Matthews 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.