Home/States/Kentucky

Kentucky.

State average rent
$1,415/mo

43 cities tracked in Kentucky. Most expensive: Prospect at $2,343/mo. Most affordable: Corbin at $875/mo.

Avg rent
$1,415/mo
Cities tracked
39
Most expensive
Prospect
$2,343/mo
Most affordable
Corbin
$875/mo

The Kentucky rental market

Kentucky tracks median rent across 39 cities, ranging from Corbin at $875/mo to Prospect at $2,343/mo. The state average of $1,415/mo runs about 28% below the national median of $1,965/mo.

Across Kentucky cities, rents are rising, changing an average of +4.7% over the past year. 3 of 43 tracked cities are priced above the national median, while 40 fall below it. The largest rental markets are Louisville, Lexington, Bowling Green.

43 cities
RankCityMedian rentYoY
1
Prospect
Pop. 4,542
$2,343/mo
-1.1%
2
Independence
Pop. 29,392
$2,143/mo
+8.3%
3
Burlington
Pop. 18,008
$2,050/mo
4
Hebron
Pop. 6,407
$1,950/mo
5
Dayton
Pop. 5,743
$1,869/mo
+11.4%
6
La Grange
Pop. 10,311
$1,795/mo
7
Shepherdsville
Pop. 14,533
$1,652/mo
+12.3%
8
Versailles
Pop. 10,492
$1,650/mo
9
Cold Spring
Pop. 6,341
$1,637/mo
10
Vine Grove
Pop. 6,830
$1,625/mo
11
Covington
Pop. 41,110
$1,615/mo
+11.1%
12
Newport
Pop. 13,967
$1,614/mo
+13.6%
13
Florence
Pop. 32,803
$1,588/mo
-1.0%
14
Bellevue
Pop. 5,636
$1,584/mo
-5.9%
15
Fort Wright
Pop. 5,887
$1,565/mo
16
Lexington
Pop. 323,725
$1,551/mo
+7.6%
17
Nicholasville
Pop. 32,197
$1,546/mo
+15.4%
18
Georgetown
Pop. 39,117
$1,524/mo
+7.0%
19
Alexandria
Pop. 10,562
$1,488/mo
20
Shelbyville
Pop. 17,668
$1,448/mo
21
Southgate
Pop. 3,717
$1,447/mo
22
Fort Thomas
Pop. 17,169
$1,402/mo
+6.5%
23
Louisville
Pop. 631,818
$1,394/mo
+4.3%
24
Franklin
Pop. 10,360
$1,350/mo
25
Elizabethtown
Pop. 32,576
$1,327/mo
+1.8%
26
Paducah
Pop. 26,845
$1,285/mo
+12.5%
27
Bowling Green
Pop. 75,388
$1,284/mo
+3.6%
28
Erlanger
Pop. 19,875
$1,242/mo
-3.5%
29
Winchester
Pop. 19,213
$1,209/mo
-7.7%
30
Richmond
Pop. 37,111
$1,188/mo
+22.0%
31
Frankfort
Pop. 28,503
$1,151/mo
+8.5%
32
Oak Grove
Pop. 7,962
$1,140/mo
+1.1%
33
Lawrenceburg
Pop. 11,943
$1,138/mo
34
Owensboro
Pop. 60,302
$1,121/mo
-10.5%
35
Murray
Pop. 18,080
$1,112/mo
+3.5%
36
Bardstown
Pop. 13,804
$1,075/mo
-9.1%
37
Radcliff
Pop. 22,864
$1,055/mo
+17.4%
38
Paris
Pop. 10,160
$1,023/mo
39
Hopkinsville
Pop. 30,906
$997/mo
-6.7%
40
Glasgow
Pop. 15,197
$981/mo
41
Morehead
Pop. 6,870
$969/mo
42
Russellville
Pop. 7,316
$890/mo
43
Corbin
Pop. 8,246
$875/mo

Kentucky rent questions

What is the average rent in Kentucky?

The average median rent across 39 tracked cities in Kentucky is $1,415/mo, about 28% below the national median of $1,965/mo.

Which Kentucky city has the highest rent?

Prospect has the highest median rent in Kentucky at $2,343/mo.

Which Kentucky city has the most affordable rent?

Corbin is the most affordable tracked city in Kentucky, with a median rent of $875/mo.

Are rents rising or falling in Kentucky?

Across Kentucky cities, median rents are rising, changing an average of +4.7% over the past year.

How does Kentucky rent compare to the rest of the country?

3 of 43 tracked Kentucky cities have a median rent above the national median of $1,965/mo, and 40 fall below it.

What are the largest rental markets in Kentucky?

By population, the largest rental markets in Kentucky are Louisville, Lexington, Bowling Green. Each has its own rent data, trends, and ZIP-level breakdowns on RentDataNow.

Explore more rent data
← Back to all states