The average rent in Kentucky for November 2023 is $987, according to the most recent data from ApartmentList. The average rent of a 2-bedroom apartment in Kentucky is $971. The average rent of a 1-bedroom apartment in Kentucky is $793.
Compared to the national average of $1,340, Kentucky rent costs -26.3% less. Read our analysis of rents by state to see how Kentucky ranks.
Here's a look at how average rents have changed over time:
|M-o-M % Change||-0.9%||-1.0%||-|
|Y-o-Y % Change||3.7%||-1.0%||-|
As you would expect, the median price for rent in Kentucky increases as the number of bedrooms in the unit increases. 1-Bedroom rent is the cheapest in Kentucky clocking in at $793, while a 2-bedroom rental will set you back $971 per month.
If you don't mind having roommates, the best option on a per room basis is a 2-bedroom rental for $485/room/month.
Read on to find out more or for more on Kentucky check out:
Kentucky has experienced a -$9 change in rent over the past month going from $996 to $987. That change comes out to -0.9%.
For reference, the US national average rent changed -$13 in the past month or -1.0%.
Here's a look at the month over month change for each month since 2017 for Kentucky:
Over the past year, the average rent in Kentucky changed $35 from $952 to $987. A change of $35 means that rents changed 3.7% in a year.
That compares to the US national change of -$14 in the past year or -1.0%.
Here's a look at the year over year change by month since 2017 for Kentucky: