Overlook Apartments - OVL
3000 Stoneybrook Ln,
Elsmere, KY 41018
2 Beds | $1,410 - $1,600
Rental Market Trends in Elsmere, KY
Updated September 2026
The average rent in Elsmere, KY is $1,231/month.
Rent in Elsmere is 26% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.
$1,231/month
Average Rent
732 Sq Ft
Average Size
-0.1%
Change / Year
28
Available Apartments
Elsmere rent varies by unit size and layout:
- Studio apartments in Elsmere average per month.
- One-bedroom apartments in Elsmere average $1,231 per month.
- Two-bedroom apartments in Elsmere average $1,458 per month.
- Three-bedroom apartments in Elsmere average $1,659 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Elsmere, KY?
In the past year, rent has decreased by 0.1%, which averages out to $1 less per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Elsmere, KY
September 2026
Below $701
Most rental prices fall within this range
Percentage*
Rent Range
50%
Below $700/month
0%
$700 - $1,000/month
50%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Elsmere, KY?
Because the average rent in Elsmere is $1,231, you’ll want to make about $4,103 per month or $49,236 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.
How does Elsmere, KY compare to other nearby cities and neighborhoods?
Use the tool below to compare Elsmere, 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.
View the Elsmere Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Erlanger
Avg Rent: $1,042/month
-
Florence
Avg Rent: $1,282/month
-
Lakeside Park
Avg Rent: $1,100/month
-
Fort Mitchell
Avg Rent: $957/month
-
Crescent Springs
Avg Rent: $937/month
-
Villa Hills
Avg Rent: $1,250/month
Apartment Communities in Elsmere We Think You'll Love
Rental Management, Simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Elsmere?
The average rent in Elsmere is $1,231 per month, which is 26.1% lower than the national average of $1,665.
What is the average rent for a house in Elsmere?
The average rent for a house in Elsmere, KY is $1,943 per month.
Are rents going up or down in Elsmere?
Rents in Elsmere, KY are decreasing, with prices down 0.1% year-over-year and $1 less per month.
What rent range is most common in Elsmere?
In Elsmere, KY, 50% of apartments fall below $700/month, though prices may vary depending on location and other factors.
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 September 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.
* Percentages may not total 100 due to rounding.