City Report · KY

Versailles

Pop. 10,492·12th most expensive in Kentucky·Rental market data updated monthly for Versailles, KY
Median rent (all units)
$1,619/mo
Year-over-Year
+1.1%
Month-over-Month
-0.9%
vs US Median
-$313
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
Versailles · $1,619
More affordable than 67% of US cities · National median $1,932/mo
Affordability
31% of income
MODERATE
0%30% benchmark60%+

At $1,619/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.

Income to afford
$65,000/yr
Local median income
$62,368/yr
Based on the 30%-of-income rule using Versailles's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$730
1 BR
$890
2 BR
$1,060
3 BR
$1,440
4 BR+
$1,630
Fair Market Rent (HUD)
$1,060/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,619 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: September 25, 2026

From the history

What the numbers show

Past year vs. the rest of Kentucky

Rent in Versailles changed +1.1% over the year to August 2026. Across the 29 Kentucky cities Zillow tracks, the typical change was +3.7%.

Recent direction

Rent rose in 4 of the last 12 months.

What a typical income covers

30% of the median household income ($62,368) is $1,559 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,440); a 4-bedroom is $1,630.

Cheaper nearby

Lawrenceburg, 13 miles away, rents for 23% less ($1,247/mo), about $4,500 a year in savings.

From Zillow's monthly rent index (ZORI) for Versailles. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$19,428/yr
At $1,619/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+1.1% YoY, -0.9% MoM), not inventory.
Rent check

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Demographics

Who lives here

Versailles, KY is majority owner-occupied, has a median income below the national average, 36.7% of residents hold a bachelor's degree or higher.

Population
10,492
Median income
$62,368
Median age
39
Renters
40.1%
Age distribution
24.3%
19.2%
25.1%
13.4%
18.1%
Under 1824.3%
18–3419.2%
35–5425.1%
55–6413.4%
65+18.1%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
79.3%
White79.3%
Black6%
Hispanic11.8%
Asian0.5%
Other2.3%
Education (25+)
13.3%
23.3%
26.7%
36.7%
No HS diploma13.3%
HS diploma23.3%
Some college26.7%
Bachelor's+36.7%
Housing tenure
59.9%
40.1%
Owner59.9%
Renter40.1%

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

2021 vs 2026

How Versailles, KY has changed in 5 years

Income
$51,985 → $62,368
up 20.0%
Population
10,196 → 10,492
up 2.9%
Renter share
43.8% → 40.1%
-3.7 pts
Bachelor's+
33.4% → 36.7%
+3.3 pts
Median age
41.5 → 39
-2.5 yrs

Household income in the area moved from $51,985 to $62,368 across the same window, up 20.0% versus 2021. Census counts show Versailles, KY adding about 296 residents over the five-year window, up 2.9% on net. The renter share has eased from 43.8% to 40.1%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 33.4% to 36.7% across the same window.

Community

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

Can you afford rent in Versailles on your salary?

At $1,619/mo, how Versailles rent compares to typical pay (30% rule).

By apartment size

Versailles rent by bedroom count

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

Local insights

Tips for renters in Versailles

About renting in Versailles, KY

Last updated: September 25, 2026

The median rent in Versailles is $1,619/mo as of September 2026. A studio apartment averages $730/mo while a 2-bedroom runs $1,060/mo. One-bedroom apartments average $890/mo and 3-bedroom units go for $1,440/mo.

At 31% of local median household income ($62,368/yr), Versailles ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Versailles?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (about $31/hour full-time) to afford the median rent of $1,619/mo in Versailles. The local median household income is $62,368/yr, so the typical household falls short of that bar.

Is rent going up or down in Versailles?

Rent in Versailles has risen 1.1% over the past year.

How does Versailles rent compare to other cities in Kentucky?

Versailles is one of the pricier among Kentucky cities for rent, ranking #12 of 41 tracked cities at $1,619/mo. Over the year to August 2026, rent in Versailles changed +1.1%, against a typical +3.7% across the 29 Kentucky cities Zillow tracks.

Which nearby cities are cheaper to rent in than Versailles?

Nearby cities with lower median rent than Versailles ($1,619/mo) include Frankfort ($989/mo), Lawrenceburg ($1,284/mo), and Franklin ($1,348/mo).
Income Affordability
31%
MODERATE

At $1,619/mo, rent takes ~31% of Versailles's median household income ($62,368/yr). The standard benchmark is 30%.

Versailles 31%Benchmark 30%
State income tax4%
Run the Versailles affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Versailles, KY

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