Average Rent In Kentucky For November 2019

By Chris Kolmar | HomeSnacks | Updated: 2019-11-06
$1,150
Average Rent
$0.906
Average $/sqft

What is the average rent in Kentucky?

According to the most recent data from Zillow, the average rent in Kentucky for November 2019 is $1,150. With an averge apartment size of 1,269 sqft, the average price per square foot in Kentucky is $0.906.

Compared to the national average of $1,700, Kentucky rent costs -32.4% less. Read our analysis of rents by state to see how Kentucky ranks.

Here's a look at how average rents have changed over time:

These Are The 10 Richest Cities In Kentucky

How Does Kentucky Rent Compare To The Rest Of The Country?

StatisticKYUSA% Difference
Average Rent $1,150$1,700 -32.4%
Average $/sqft $0.906$1.17 -22.6%
M-o-M Change $25$0 inf%
Y-o-Y Change $55$50 10.0%
M-o-M % Change 2.2%0.0% -
Y-o-Y % Change 5.0%3.0% -

Median Rent By Bedrooms In Kentucky

$1,050
Studio
$843
1-Bedroom
$925
2-Bedroom
$1,200
3-Bedroom
$1,500
4-Bedroom

As you would expect, the median price for rent in Kentucky increases as the number of bedrooms in the unit increases. Studios rent the cheapest in Kentucky clocking in at $1,050, while a four bedroom rental will set you back $1,500 per month.

We think the best deal comes in the form of a two bedroom for $925 per month, however, if you don't mind having roommates, the best option on a per room basis is a 4-bedroom rental for $375/room/month.

Read on to find out more or for more on Kentucky check out:

Month Over Month Kentucky Rent Statistics

$25
M-o-M Increase
2.2%
M-o-M Increase

Kentucky has experienced a $25 change in rent over the past month going from $1,125 to $1,150. That change comes out to 2.2%.

For reference, the US national average rent changed $0 in the past month or 0.0%.

Here's a look at the month over month change for each month since 2010 for Kentucky:

Year Over Year Kentucky Rent Statistics

$55
Y-o-Y Increase
5.0%
Y-o-Y Increase

Over the past year, the average rent in Kentucky changed $55 from $1,095 to $1,150. A change of $55 means that rents changed 5.0% in a year.

That compares to the US national change of $50 in the past year or 3.0%.

Here's a look at the year over year change by month since 2011 for Kentucky:

The 10 Places With The Highest Rent In Kentucky

Union, KY
Source: Public domain

Population: 5,751
Median Rent: $1,891
More on Union: Real Estate | Data | Photos

Middletown, KY

Population: 7,817
Median Rent: $1,123
More on Middletown: Real Estate | Data | Photos

Population: 5,793
Median Rent: $1,101
More on Vine Grove: Real Estate | Data

Population: 8,555
Median Rent: $1,087
More on Elsmere: Real Estate | Data

Edgewood, KY
Source: Public domain

Population: 8,688
Median Rent: $1,080
More on Edgewood: Real Estate | Data | Photos

St. Matthews, KY

Population: 17,993
Median Rent: $1,058
More on St. Matthews: Real Estate | Data | Photos

Population: 5,677
Median Rent: $1,034
More on Douglass Hills: Real Estate | Data

Highland Heights, KY

Population: 7,128
Median Rent: $1,011
More on Highland Heights: Real Estate | Data | Photos

Hillview, KY
Source: Wikipedia

Population: 8,913
Median Rent: $997
More on Hillview: Real Estate | Data | Photos

Independence, KY

Population: 26,772
Median Rent: $968
More on Independence: Real Estate | Data | Photos

Learn More About Living In Kentucky

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn.

Average Rent By State

Enjoy The Snack?