Studio Apartment Rent in Owensboro, KY
Median asking rent for a studio apartment in Owensboro, Kentucky as of July 2026. That's +22% lower than the citywide median of $1,121 and +32% below the national studio median of $1,290.
Income needed for a studio in Owensboro
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in Owensboro
Compare Owensboro's median rent across every apartment size.
Cheapest cities for a studio in Kentucky
| # | City | Studio rent |
|---|---|---|
| 1 | Morehead | $630 |
| 2 | Corbin | $640 |
| 3 | Bardstown | $660 |
| 4 | Russellville | $660 |
| 5 | Paducah | $720 |
| 6 | Nicholasville | $730 |
| 7 | Paris | $730 |
| 8 | Versailles | $730 |
| 9 | Winchester | $730 |
| 10 | Richmond | $740 |
| 11 | Murray | $770 |
| 12 | Georgetown | $780 |
| 13 | Lawrenceburg | $780 |
| 14 | Southgate | $799 |
| 15 | Hopkinsville | $800 |
Most expensive cities for a studio in Kentucky
| # | City | Studio rent |
|---|---|---|
| 1 | Prospect | $1,510 |
| 2 | Hebron | $1,150 |
| 3 | Burlington | $1,080 |
| 4 | Louisville | $1,061 |
| 5 | Vine Grove | $1,060 |
| 6 | Independence | $1,030 |
| 7 | Florence | $980 |
| 8 | Shelbyville | $940 |
| 9 | Shepherdsville | $930 |
| 10 | Elizabethtown | $910 |
| 11 | Cold Spring | $910 |
| 12 | Oak Grove | $890 |
| 13 | Fort Thomas | $890 |
| 14 | Erlanger | $890 |
| 15 | Bowling Green | $890 |
Nearby cities — studio rent
Considering nearby alternatives? 4 of these cities have cheaper studio rents than Owensboro.
| City | Distance | Studio rent | vs Owensboro |
|---|---|---|---|
| Newburgh, IN | 19.7 mi | $910 | +$35 (+4%) |
| Evansville, IN | 32.3 mi | $792 | $-83 (-9%) |
| Hopkinsville, KY | 63.7 mi | $800 | $-75 (-9%) |
| Russellville, KY | 64.2 mi | $660 | $-215 (-25%) |
| Vine Grove, KY | 73.2 mi | $1,060 | +$185 (+21%) |
| Bowling Green, KY | 75 mi | $890 | +$15 (+2%) |
| Oak Grove, KY | 76.5 mi | $890 | +$15 (+2%) |
| Radcliff, KY | 84.1 mi | $800 | $-75 (-9%) |
| Clarksville, TN | 85.1 mi | $1,027 | +$152 (+17%) |
| Springfield, TN | 86.1 mi | $1,320 | +$445 (+51%) |
| Elizabethtown, KY | 90.5 mi | $910 | +$35 (+4%) |
| Portland, TN | 93.1 mi | $1,270 | +$395 (+45%) |
Studio rent in Owensboro — common questions
How much is a studio apartment in Owensboro?
As of July 2026, the median studio apartment rent in Owensboro, Kentucky is $875 per month. This is +22% below the citywide median of $1,121.
What income do you need to afford a studio in Owensboro?
Using the standard 30% rent-to-income rule, you would need an annual income of about $35,000 ($2,917/month gross), which works out to roughly $16.83/hour at a full-time job.
Is Owensboro expensive for a studio compared to the rest of the US?
Owensboro's studio median of $875 is +32% below the national studio median of $1,290. It ranks in the 16th percentile of US cities tracked.
How does Owensboro rank for studio rent in Kentucky?
Among the 38 cities in Kentucky with studio data, Owensboro ranks #21 from cheapest to most expensive.
Are there cheaper studio options near Owensboro?
Yes — nearby cities with cheaper studio rents include Evansville ($792), Hopkinsville ($800), Russellville ($660).