Rental Market Trends in Kentucky
$1,071/month
Average Rent
+2.3%
Increase in the Last Year
+$24
Average Price Increase
Ranked 10th
Least Expensive Rent by State
13,858
Available Rentals
Owensboro, KY
City with the Lowest Rent
What is the average rent in Kentucky?
As of September 2025, the average rent in Kentucky is $1,071/month. When you rent an apartment in Kentucky, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $900 per month for a studio, $1,071 for a one-bedroom apartment, and around $1,262 for a two-bedroom apartment in Kentucky. If you opt for a three-bedroom rental, you could pay $1,601 or more.
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Methodology
† 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.
State graphics provided by ProPublica
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