Best rental value cities in Kentucky

Name: Best Rental Value Cities in Kentucky by Rent Reality Score
Creator: RentDataNow

Cities in Kentucky renting furthest below their own 10-year trend, ranked by Rent Reality Score. Updated monthly.

Key findings

Richmond ranks first, with a Rent Reality Score of 67.
Across all 14 cities on this list, the median rent is $1,330/mo.

Data as of September 2026. RentDataNow's Rent Reality Score compares each city's current rent with its own 10-year trend. High-confidence trends only. Updated monthly. Download this list (CSV)

Best value (RRS)Overheated (RRS)Most affordable Most expensive Rent falling Rent rising Best rent/income Most rent-burdened Record-high rent Seasonal swings Rent vs. income

14 cities

Rank	City	Score	Median rent	Vs. trend	1-yr change
01	RichmondKY Pop. 37KCompare →	67	$1,109/mo	-8.5%	+1.8%
02	CovingtonKY Pop. 41KCompare →	65	$1,513/mo	-7.4%	+5.6%
03	Bowling GreenKY Pop. 75KCompare →	64	$1,240/mo	-7.0%	+1.6%
04	ElizabethtownKY Pop. 33KCompare →	64	$1,339/mo	-7.1%	+0.9%
05	NicholasvilleKY Pop. 32KCompare →	63	$1,454/mo	-6.7%	+4.2%
06	FlorenceKY Pop. 33KCompare →	61	$1,522/mo	-5.5%	+2.4%
07	RadcliffKY Pop. 23KCompare →	60	$934/mo	-5.1%	+1.5%
08	OwensboroKY Pop. 60KCompare →	58	$1,259/mo	-3.9%	+2.8%
09	HopkinsvilleKY Pop. 31KCompare →	58	$1,035/mo	-4.1%	+3.7%
10	LouisvilleKY Pop. 632KCompare →	57	$1,330/mo	-3.6%	+2.1%
11	GeorgetownKY Pop. 39KCompare →	56	$1,581/mo	-3.0%	+2.9%
12	FrankfortKY Pop. 29KCompare →	55	$989/mo	-2.7%	+0.4%
13	ErlangerKY Pop. 20KCompare →	51	$1,318/mo	-0.7%	+5.3%
14	LexingtonKY Pop. 324KCompare →	49	$1,631/mo	+0.3%	+3.8%