According to the most recent data from Zillow, the average rent in Kentucky for December 2020 is $1,100. With an averge apartment size of 1,227 sqft, the average price per square foot in Kentucky is $0.896.
Compared to the national average of $1,650, Kentucky rent costs -33.3% 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:
As you would expect, the median price for rent in Kentucky increases as the number of bedrooms in the unit increases. Studios rent the cheapest in Kentucky clocking in at $1,002, while a four bedroom rental will set you back $1,587 per month.
We think the best deal comes in the form of a two bedroom for $949 per month, however, if you don't mind having roommates, the best option on a per room basis is a 4-bedroom rental for $396/room/month.
Read on to find out more or for more on Kentucky check out:
Kentucky has experienced a $-45 change in rent over the past month going from $1,145 to $1,100. That change comes out to -3.9%.
For reference, the US national average rent changed $0 in the past month or 0.0%.
Here's a look at the month over month change for each month since 2010 for Kentucky:
Over the past year, the average rent in Kentucky changed $50 from $1,050 to $1,100. A change of $50 means that rents changed 4.8% in a year.
That compares to the US national change of $5 in the past year or 0.3%.
Here's a look at the year over year change by month since 2011 for Kentucky: