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City Report · KY

Bellevue

Pop. 5,636·11th most expensive in Kentucky·Bellevue rents have dropped 5.9%, currently a renter's market
Median rent (all units)
$1,584/mo
Year-over-Year
-5.9%
Month-over-Month
-0.6%
vs US Median
-$381
Falling (Monthly)
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Most AffordableMost Expensive
Bellevue · $1,584
More affordable than 70% of US cities · National median $1,965/mo
Affordability
27% of income
AFFORDABLE
0%30% benchmark60%+

At $1,584/mo, rent takes about 27% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$63,000/yr
Local median income
$71,166/yr
Based on the 30%-of-income rule using Bellevue's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$820
1 BR
$930
2 BR
$1,200
3 BR
$1,590
4 BR+
$1,760
Research median
$1,200/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: June 22, 2026

Annual cost
$19,008/yr
At $1,584/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.9% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.9% YoY, -0.6% MoM), not inventory.
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Demographics

Who lives here

Bellevue, KY is majority owner-occupied, skews toward younger working-age adults, 43.5% of residents hold a bachelor's degree or higher.

Population
5,636
Median income
$71,166
Median age
35.2
Renters
29.9%
Age distribution
16.2%
33.5%
21.3%
15.3%
13.6%
Under 1816.2%
18–3433.5%
35–5421.3%
55–6415.3%
65+13.6%
Gender
56.2%
43.8%
Male56.2%
Female43.8%
Race & ethnicity
94.2%
White94.2%
Black1.3%
Hispanic4.1%
Asian0.9%
Education (25+)
29.9%
24%
43.5%
No HS diploma2.5%
HS diploma29.9%
Some college24%
Bachelor's+43.5%
Housing tenure
70.1%
29.9%
Owner70.1%
Renter29.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Bellevue, KY has changed in 5 years

Income
$69,135 → $71,166
up 2.9%
Population
5,578 → 5,636
up 1.0%
Renter share
34% → 29.9%
-4.1 pts
Bachelor's+
45.7% → 43.5%
-2.2 pts
Median age
36.3 → 35.2
-1.1 yrs

Household income in the area moved from $69,135 to $71,166 across the same window, up 2.9% versus 2021. The population has grown by 1.0% since 2021, moving from about 5,578 residents to roughly 5,636. Renters now make up 29.9% of households, compared with 34% five years ago. College-educated residents now make up 43.5% of adults here, versus 45.7% in 2021.

Community

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View Bellevue rent history (2015–2026) →
Salary vs rent

Can you afford rent in Bellevue on your salary?

At $1,584/mo, how Bellevue rent compares to typical pay (30% rule).

By apartment size

Bellevue rent by bedroom count

Median rent for each apartment size in Bellevue. Click any size for full breakdown.

Local insights

Tips for renters in Bellevue

About renting in Bellevue, KY

Last updated: June 22, 2026

The median rent in Bellevue is $1,584/mo as of June 2026. A studio apartment averages $820/mo while a 2-bedroom runs $1,200/mo. One-bedroom apartments average $930/mo and 3-bedroom units go for $1,590/mo.

At 27% of local median household income ($71,166/yr), Bellevue ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.9% over the past year.

FAQ

Frequently asked questions

Is Bellevue an affordable city for renters?

Bellevue is considered affordable for renters. At $1,584/mo, rent takes approximately 27% of the local median household income ($71,166/yr). The standard benchmark is 30%. Bellevue falls comfortably within that range.

How much income do you need to rent in Bellevue?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (~$30/hour full-time) to afford the median rent of $1,584/mo in Bellevue. The local median household income is $71,166/yr, meaning the typical Bellevue household meets that threshold.

Is rent going up or down in Bellevue?

Rent in Bellevue has decreased 5.9% over the past year as of June 2026, offering some relief compared to 12 months ago.

How does Bellevue rent compare to other cities in Kentucky?

Bellevue is one of the pricier cities in Kentucky for rent, ranking #11 out of 38 tracked cities at $1,584/mo.

Which nearby cities are cheaper to rent in than Bellevue?

Several nearby cities have lower median rents than Bellevue ($1,584/mo): Fort Thomas ($1,402/mo), Southgate ($1,447/mo), Cincinnati ($1,475/mo).

What percentage of Bellevue residents rent vs. own?

According to Census data, approximately 29.9% of Bellevue households are renters, while 70.1% are owner-occupied. Bellevue leans toward homeownership, which can mean a smaller rental inventory.

How does Bellevue rent compare to the national average?

Bellevue's median rent of $1,584/mo is $381 (19%) below the US national median of $1,965/mo. Within Kentucky, it ranks #11 out of 38 tracked cities.
Income Affordability
27%
AFFORDABLE

At $1,584/mo, rent takes ~27% of Bellevue's median household income ($71,166/yr). The standard benchmark is 30%.

Bellevue 27%Benchmark 30%
State income tax4%
Run the Bellevue affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Bellevue, KY

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