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Rental Market Trends in Mount Sterling, KY

What is the average rent in Mount Sterling, KY?

$745/month

Average Rent

350 Sq Ft

Average Apartment Size

+4.3%

Increase in the Last Year

As of July 2025, the average rent in Mount Sterling, KY is $745 per month. This is 54% lower than the national average rent of $1,637/month, making renting in Mount Sterling more affordable than most cities in the US. When you rent an apartment in Mount Sterling, you can expect to pay about per month for a studio, $745 for a one-bedroom apartment, and around $930 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $695 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$745/month
350 Sq Ft
Two Bedroom
$930/month
949 Sq Ft
Three Bedroom
$695/month
1,408 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 Mount Sterling, KY?

In the past year, rent has increased by 4.3%, which averages out to $32 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 Mount Sterling, KY
Last Updated July 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Mount Sterling, KY
Percentage*
Rent Range
50% Below $700/month
25% $700 - $1,000/month
25% $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 Mount Sterling, KY?

Because the average rent in Mount Sterling is $745, you’ll want to make about $2,483 per month or $29,796 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

Mount Sterling, KY

8 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Mount Sterling, 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

Nearby City Rent Trends

  • Winchester Average Rent

Apartment communities in Mount Sterling we think you'll love

Williams Estates Apartments

Williams Estates Apartments

2005 John Stuart Dr,
Mount Sterling, KY 40353

1-2 Beds | $1,024 - $1,099

McGinnis Properties

McGinnis Properties

340 Nathan Dr,
Mount Sterling, KY 40353

2 Beds | $700 - $850

146 Sande Ridge Ln

146 Sande Ridge Ln

146 Sande Ridge Ln,
Mount Sterling, KY 40353

3 Beds | $3,000

310 E High St

310 E High St

310 E High St,
Mount Sterling, KY 40353

2 Beds | $1,175

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United States Kentucky Mount Sterling 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