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City Report · KY

Shepherdsville

Pop. 14,533·6th most expensive in Kentucky·Shepherdsville rents are up 12.3% over the past year
Median rent (all units)
$1,652/mo
Year-over-Year
+12.3%
Month-over-Month
+7.1%
vs US Median
-$313
Rising (Monthly)
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Most AffordableMost Expensive
Shepherdsville · $1,652
More affordable than 65% of US cities · National median $1,965/mo
Affordability
28% of income
AFFORDABLE
0%30% benchmark60%+

At $1,652/mo, rent takes about 28% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$66,000/yr
Local median income
$71,476/yr
Based on the 30%-of-income rule using Shepherdsville's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$930
1 BR
$1,010
2 BR
$1,230
3 BR
$1,590
4 BR+
$1,840
Research median
$1,230/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: July 20, 2026

Annual cost
$19,824/yr
At $1,652/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.3% YoY, +7.1% MoM), not inventory.
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Demographics

Who lives here

Shepherdsville, KY is majority owner-occupied, has a large share of families with children, 16.8% of residents hold a bachelor's degree or higher.

Population
14,533
Median income
$71,476
Median age
34.7
Renters
25.8%
Age distribution
27.5%
23%
25.6%
13.4%
Under 1827.5%
18–3423%
35–5425.6%
55–6413.4%
65+10.4%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
93.5%
White93.5%
Black1.5%
Hispanic2.4%
Other2.5%
Education (25+)
42.4%
29.8%
16.8%
No HS diploma11%
HS diploma42.4%
Some college29.8%
Bachelor's+16.8%
Housing tenure
74.2%
25.8%
Owner74.2%
Renter25.8%

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

2021 vs 2026

How Shepherdsville, KY has changed in 5 years

Income
$62,055 → $71,476
up 15.2%
Population
13,918 → 14,533
up 4.4%
Renter share
30.2% → 25.8%
-4.4 pts
Bachelor's+
16.2% → 16.8%
+0.6 pts
Median age
35.5 → 34.7
-0.8 yrs

On the earnings side, the typical household in Shepherdsville, KY now reports about $71,476, up from $62,055 in 2021. The population has grown by 4.4% since 2021, moving from about 13,918 residents to roughly 14,533. Renters now make up 25.8% of households, compared with 30.2% five years ago.

Community

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

Can you afford rent in Shepherdsville on your salary?

At $1,652/mo, how Shepherdsville rent compares to typical pay (30% rule).

By apartment size

Shepherdsville rent by bedroom count

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

Local insights

Tips for renters in Shepherdsville

About renting in Shepherdsville, KY

Last updated: July 20, 2026

The median rent in Shepherdsville is $1,652/mo as of July 2026. A studio apartment averages $930/mo while a 2-bedroom runs $1,230/mo. One-bedroom apartments average $1,010/mo and 3-bedroom units go for $1,590/mo.

At 28% of local median household income ($71,476/yr), Shepherdsville ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.3% over the past year.

FAQ

Frequently asked questions

Is Shepherdsville an affordable city for renters?

Shepherdsville is considered affordable for renters. At $1,652/mo, rent takes approximately 28% of the local median household income ($71,476/yr). The standard benchmark is 30%. Shepherdsville falls comfortably within that range.

How much income do you need to rent in Shepherdsville?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (~$32/hour full-time) to afford the median rent of $1,652/mo in Shepherdsville. The local median household income is $71,476/yr, meaning the typical Shepherdsville household meets that threshold.

Is rent going up or down in Shepherdsville?

Rent in Shepherdsville has increased 12.3% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Shepherdsville rent compare to other cities in Kentucky?

Shepherdsville is one of the pricier cities in Kentucky for rent, ranking #6 out of 39 tracked cities at $1,652/mo.

Which nearby cities are cheaper to rent in than Shepherdsville?

Several nearby cities have lower median rents than Shepherdsville ($1,652/mo): Radcliff ($1,055/mo), Bardstown ($1,075/mo), Clarksville ($1,242/mo).

What percentage of Shepherdsville residents rent vs. own?

According to Census data, approximately 25.8% of Shepherdsville households are renters, while 74.2% are owner-occupied. Shepherdsville leans toward homeownership, which can mean a smaller rental inventory.

How does Shepherdsville rent compare to the national average?

Shepherdsville's median rent of $1,652/mo is $313 (16%) below the US national median of $1,965/mo. Within Kentucky, it ranks #6 out of 39 tracked cities.
Income Affordability
28%
AFFORDABLE

At $1,652/mo, rent takes ~28% of Shepherdsville's median household income ($71,476/yr). The standard benchmark is 30%.

Shepherdsville 28%Benchmark 30%
State income tax4%
Run the Shepherdsville affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Shepherdsville, KY

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