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Rental Market Trends in London, KY

What is the average rent in London, KY?

$847/month

Average Rent

505 Sq Ft

Average Apartment Size

+0.9%

Increase in the Last Year

London, KY Rental Market Overview

The average rent in London, KY is $847 per month. This is 49% lower than the national average rent of $1,645/month, making renting in London more affordable than most cities in the US.

  • Studio apartments in London average per month.
  • One-bedroom apartments in London average $847 per month.
  • Two-bedroom apartments in London average per month.
  • Three-bedroom apartments in London average or more per month.

Data Updated: June 1, 2026

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$847/month
505 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 London, KY?

In the past year, rent has increased by 0.9%, 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in London, KY
Last Updated June 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in London, KY
Percentage*
Rent Range
0% Below $700/month
100% $700 - $1,000/month
0% $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 London, KY?

Because the average rent in London is $847, you’ll want to make about $2,823 per month or $33,876 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

London, KY

26 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare London, 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.

Explore the Area Guide for London, KY

Apartment Averages

Apartment communities in London we think you'll love

Wildwood Apartments - WAIT LIST - Section 8

Wildwood Apartments - WAIT LIST - Section 8

1001 Wildwood Apartment,
London, KY 40744

Call for Rent

1-3 Beds

Betty Jane Apartments

Betty Jane Apartments

135 Little Dr,
London, KY 40744

$700 - $1,050

1-3 Beds

108 Morgan St

108 Morgan St

108 Morgan St,
London, KY 40741

$950 Total Monthly Price

2 Beds | 12 Month Lease

244 Pepperhill Dr

244 Pepperhill Dr

244 Pepperhill Dr,
London, KY 40741

$1,500 Total Monthly Price

2 Beds | 12 Month Lease

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United States Kentucky London 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 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.

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Equal Housing Opportunity