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Rental Market Trends in Crestwood, KY

What is the average rent in Crestwood, KY?

$764/month

Average Rent

713 Sq Ft

Average Apartment Size

+1.6%

Increase in the Last Year

As of August 2025, the average rent in Crestwood, KY is $764 per month. This is 53% lower than the national average rent of $1,638/month, making renting in Crestwood more affordable than most cities in the US. When you rent an apartment in Crestwood, you can expect to pay about per month for a studio, $764 for a one-bedroom apartment, and around $1,215 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,372 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$764/month
713 Sq Ft
Two Bedroom
$1,215/month
1,037 Sq Ft
Three Bedroom
$1,372/month
1,280 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Crestwood, KY?

In the past year, rent has increased by 1.6%, which averages out to $13 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated August 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Crestwood, KY
Last Updated August 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Crestwood, KY
Percentage*
Rent Range
12% Below $700/month
38% $700 - $1,000/month
38% $1,001 - $1,500/month
12% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Crestwood, KY?

Because the average rent in Crestwood is $764, you’ll want to make about $2,546 per month or $30,552 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Crestwood, KY

15 Available Apartments for Rent

Search for Nearby Apartments

How does Crestwood, KY compare to other nearby cities and neighborhoods?

Use the tool below to compare Crestwood, KY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment communities in Crestwood we think you'll love

Crestwood Commons

Crestwood Commons

10000 Judge Carden Blvd,
Crestwood, KY 40014

2-3 Beds | $1,525 - $2,000

Deer Park Apartments

Deer Park Apartments

2002 Deer Park Cir,
Crestwood, KY 40014

1-3 Beds | $955 - $1,460

6401 Cameron Ln

6401 Cameron Ln

6401 Cameron Ln,
Crestwood, KY 40014

2 Beds | $1,650

7419 W Orchard Grass Blvd

7419 W Orchard Grass Blvd

7419 W Orchard Grass Blvd,
Crestwood, KY 40014

3 Beds | $2,100

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United States Kentucky Crestwood Rental Trends

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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity