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Kentucky.

State average rent
$1,478/mo

43 cities tracked in Kentucky. Most expensive: Prospect at $2,382/mo. Most affordable: Morehead at $973/mo.

Avg rent
$1,478/mo
Cities tracked
36
Most expensive
Prospect
$2,382/mo
Most affordable
Morehead
$973/mo

The Kentucky rental market

Kentucky tracks median rent across 36 cities, ranging from Morehead at $973/mo to Prospect at $2,382/mo. The state average of $1,478/mo runs about 25% below the national median of $1,962/mo.

Across Kentucky cities, rents are rising, changing an average of +4.0% over the past year. 5 of 43 tracked cities are priced above the national median, while 38 fall below it. The largest rental markets are Louisville, Lexington, Bowling Green.

43 cities
RankCityMedian rentYoY
1
Prospect
Pop. 4,542
$2,382/mo
2
La Grange
Pop. 10,311
$2,114/mo
3
Burlington
Pop. 18,008
$2,108/mo
+3.1%
4
Independence
Pop. 29,392
$2,071/mo
+4.0%
5
Dayton
Pop. 5,743
$2,037/mo
+19.5%
6
Hebron
Pop. 6,407
$1,787/mo
7
Versailles
Pop. 10,492
$1,783/mo
+7.7%
8
Vine Grove
Pop. 6,830
$1,775/mo
9
Shepherdsville
Pop. 14,533
$1,720/mo
+15.5%
10
Cold Spring
Pop. 6,341
$1,637/mo
11
Covington
Pop. 41,110
$1,614/mo
+11.0%
12
Shelbyville
Pop. 17,668
$1,608/mo
13
Newport
Pop. 13,967
$1,587/mo
+10.8%
14
Fort Wright
Pop. 5,887
$1,577/mo
+12.0%
15
Florence
Pop. 32,803
$1,556/mo
-3.7%
16
Lexington
Pop. 323,725
$1,552/mo
+7.2%
17
Georgetown
Pop. 39,117
$1,551/mo
+8.2%
18
Nicholasville
Pop. 32,197
$1,546/mo
+14.8%
19
Bellevue
Pop. 5,636
$1,540/mo
-8.4%
20
Franklin
Pop. 10,360
$1,538/mo
21
Alexandria
Pop. 10,562
$1,488/mo
22
Southgate
Pop. 3,717
$1,447/mo
23
Fort Thomas
Pop. 17,169
$1,386/mo
+3.0%
24
Louisville
Pop. 631,818
$1,362/mo
+1.7%
25
Elizabethtown
Pop. 32,576
$1,278/mo
-1.6%
26
Bowling Green
Pop. 75,388
$1,258/mo
+1.5%
27
Erlanger
Pop. 19,875
$1,250/mo
-3.0%
28
Winchester
Pop. 19,213
$1,226/mo
-6.0%
29
Richmond
Pop. 37,111
$1,179/mo
+20.8%
30
Oak Grove
Pop. 7,962
$1,163/mo
+3.2%
31
Owensboro
Pop. 60,302
$1,161/mo
-7.6%
32
Lawrenceburg
Pop. 11,943
$1,132/mo
33
Paducah
Pop. 26,845
$1,118/mo
-1.8%
34
Murray
Pop. 18,080
$1,079/mo
+0.3%
35
Hopkinsville
Pop. 30,906
$1,062/mo
-0.8%
36
Radcliff
Pop. 22,864
$1,050/mo
+15.6%
37
Bardstown
Pop. 13,804
$1,044/mo
-12.6%
38
Frankfort
Pop. 28,503
$1,035/mo
-3.4%
39
Paris
Pop. 10,160
$1,023/mo
40
Glasgow
Pop. 15,197
$981/mo
41
Morehead
Pop. 6,870
$973/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 36 tracked cities in Kentucky is $1,478/mo, about 25% below the national median of $1,962/mo.

Which Kentucky city has the highest rent?

Prospect has the highest median rent in Kentucky at $2,382/mo.

Which Kentucky city has the most affordable rent?

Morehead is the most affordable tracked city in Kentucky, with a median rent of $973/mo.

Are rents rising or falling in Kentucky?

Across Kentucky cities, median rents are rising, changing an average of +4.0% over the past year.

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

5 of 43 tracked Kentucky cities have a median rent above the national median of $1,962/mo, and 38 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.

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