Butchertown Flats
820 River Dell Dr,
Louisville, KY 40206
1-4 Beds | $919 - $1,849
Rental Market Trends in Saint Matthews, KY
What is the average rent in Saint Matthews, KY?
$1,425/month
Average Rent
851 Sq Ft
Average Apartment Size
+1.6%
Increase in the Last Year
As of June 2025, the average rent in Saint Matthews, KY is $1,425 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Saint Matthews rent prices are 12% lower than the national average. When you rent an apartment in Saint Matthews, you can expect to pay about $1,150 per month for a studio, $1,425 for a one-bedroom apartment, and around $1,666 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,931 or more.
Floor Plan Type
Average Rent
Average 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 Saint Matthews, KY?
In the past year, rent has increased by 1.6%, which averages out to $24 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 2025
Legend
2024
2025
Rent Ranges in Saint Matthews, KY
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
100%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Saint Matthews?
Based on current rent prices, Mallard Crossing is the most affordable neighborhood in Saint Matthews.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Saint Matthews?
Based on current rent prices, Mallard Crossing is the most expensive neighborhood in Saint Matthews.
Neighborhood
Average Rent
Average Sq Ft
Which Saint Matthews neighborhoods have the most rentals available?
The neighborhood in Saint Matthews with the most apartments available is Mallard Crossing .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Saint Matthews, KY?
Because the average rent in Saint Matthews is $1,425, you’ll want to make about $4,750 per month or $57,000 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 Saint Matthews, KY compare to other nearby cities and neighborhoods?
Use the tool below to compare Saint Matthews, 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.
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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.