Butchertown Flats
820 River Dell Dr,
Louisville, KY 40206
1-4 Beds | $1,029 - $1,849
Rental Market Trends in Saint Matthews, KY
Updated August 2026
The average rent in Saint Matthews, KY is $1,442/month.
Rent in Saint Matthews is roughly equal to the national average rent of of $1,663/month.
$1,442/month
Average Rent
851 Sq Ft
Average Size
+15.4%
Change / Year
584
Available Apartments
Saint Matthews rent varies by unit size and layout:
- Studio apartments in Saint Matthews average $1,172 per month.
- One-bedroom apartments in Saint Matthews average $1,442 per month.
- Two-bedroom apartments in Saint Matthews average $1,439 per month.
- Three-bedroom apartments in Saint Matthews average $1,935 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Saint Matthews, KY?
In the past year, rent has increased by 15.4%, which averages out to $223 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Saint Matthews, KY
August 2026
$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
What salary do I need to live comfortably in Saint Matthews, KY?
Because the average rent in Saint Matthews is $1,442, you’ll want to make about $4,806 per month or $57,672 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.
View the Saint Matthews Area GuideApartment Communities in Saint Matthews We Think You'll Love
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Frequently Asked Questions
What is the average rent in Saint Matthews?
The average rent in Saint Matthews is $1,442 per month, which is 13.3% lower than the national average of $1,663.
What is the average rent for a house in Saint Matthews?
The average rent for a house in Saint Matthews, KY is $2,351 per month.
Are rents going up or down in Saint Matthews?
Rents in Saint Matthews, KY are increasing, with prices up 15.4% year-over-year and $223 more per month.
What rent range is most common in Saint Matthews?
In Saint Matthews, KY, 100% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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.