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Rental Market Trends in Henderson, KY

What is the average rent in Henderson, KY?

$654/month

Average Rent

615 Sq Ft

Average Apartment Size

+1.1%

Increase in the Last Year

As of July 2025, the average rent in Henderson, KY is $654 per month. This is 60% lower than the national average rent of $1,637/month, making renting in Henderson more affordable than most cities in the US. When you rent an apartment in Henderson, you can expect to pay about per month for a studio, $654 for a one-bedroom apartment, and around $861 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,093 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$654/month
615 Sq Ft
Two Bedroom
$861/month
824 Sq Ft
Three Bedroom
$1,093/month
1,042 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 Henderson, KY?

In the past year, rent has increased by 1.1%, which averages out to $8 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Henderson, KY
Last Updated July 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Henderson, KY
Percentage*
Rent Range
54% Below $700/month
38% $700 - $1,000/month
8% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Henderson?

Based on current rent prices, Henderson North End is the most affordable neighborhood in Henderson.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Henderson North End
$642/month
500 Sq Ft

What are the most expensive neighborhoods in Henderson?

Based on current rent prices, Henderson North End is the most expensive neighborhood in Henderson.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Henderson North End
$642/month
500 Sq Ft

Which Henderson neighborhoods have the most rentals available?

The neighborhood in Henderson with the most apartments available is Henderson North End .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Henderson North End
$642/month
500 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Henderson is $654, you’ll want to make about $2,180 per month or $26,160 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

Henderson, KY

27 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Henderson, 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

Henderson North End

Henderson, KY

Henderson North End

Henderson, KY

Studio
-
-
One Bedroom
$626/month
$626/month
Two Bedroom
$849/month
$849/month
Three Bedroom
$1,023/month
$1,023/month
Search
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Nearby City Rent Trends

  • Evansville Average Rent
  • Newburgh Average Rent

Apartment communities in Henderson we think you'll love

Graystone Henderson

Graystone Henderson

1750 N Green St,
Henderson, KY 42420

1 Bed | $599 - $649

Parkside Apartments

Parkside Apartments

2808 Browns Dr,
Henderson, KY 42420

2 Beds | $825

Saddlebrook

Saddlebrook

1056 Saddlebrook Dr,
Henderson, KY 42420

1-4 Beds | Call for Rent

Leisure Living Lakeside

Leisure Living Lakeside

1214 Lavender Ct,
Evansville, IN 47712

1-2 Beds | $950 - $1,300

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United States Kentucky Henderson 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