Somerset

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Somerset, KY Area Guide

Avg Rent

$713

Population

12,374

Renter Mix

51% Rent

A time capsule near the shores of Lake Cumberland

Peaceful Close-Knit Community Events Lake

You wouldn’t expect the sleepy streets of Somerset to house one of the largest destinations in Kentucky, but this quaint small town plays host to over a million visitors during the summer.

Its proximity to Lake Cumberland and the number of events that the town puts on has made it quite a lively locale. Residents shouldn’t worry though, because the height of tourist season and the calm winter months are equally enjoyable. Somerset’s Main St. and U.S. 27 run parallel to each other, housing both popular chain restaurants and local eateries. Tap on Main Brewing is a popular downtown spot, as it makes for a great nightcap after a day at the lake.

Besides the popular body of water near Somerset, the town also comes together for the Somernites Cruise, a popular car show that happens once a month from April through October. If you’re looking for community, look no further than Somerset.

Demographics

Median Household Income

$32,741

Average: $54,001

Education

2,083

Residents Have a Degree

Job Market

5,082

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

43 Years

Largest Age Group

40-49 Years

Approximately 13% of Residents

Under 20

22%

Over 65

21%

Housing Distribution

In Somerset, there are roughly the same number of renters and homeowners.

Renters
51%
Non-Renters
49%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
12%
Other Education
88%

Rent Trends

As of April 2026, the average apartment rent in Somerset, KY is $713 for one bedroom, $905 for two bedrooms, and $1,492 for three bedrooms. Apartment rent in Somerset has decreased by -2.2% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$713/month
720 Sq Ft
Townhome
$1,020/month
965 Sq Ft
See Rental Market Trends in Somerset, KY

Getting Around

Somewhat Walkable

Walkability

30 / 100

Exceptionally Drivable

Drivability

100 / 100

Somewhat Bikeable

Bikeability

20 / 100

Schools

Hopkins Elementary School

Public

Grades PK-5

650 Students

Northern Elementary School

Public

Grades PK-5

360 Students

Oak Hill Elementary School

Public

Grades K-5

526 Students

Shopville Elementary School

Public

Grades PK-5

352 Students

Southern Elementary School

Public

Grades K-5

655 Students

Northern Middle School

Public

Grades 6-8

846 Students

Southern Middle School

Public

Grades 6-8

941 Students

Meece Middle School

Public

Grades K-8

444 Students

Southwestern High School

Public

Grades 9-12

1,265 Students

Pulaski County High School

Public

Grades 9-12

1,209 Students

Somerset High School

Public

Grades 9-12

521 Students

Points of Interest

Top Apartments in Somerset

Houses for Rent in Somerset

Search Nearby Rentals

Nearby House Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.