Kentucky (KY) Average Rent Prices 2025

Average Rent Prices in Kentucky (KY)

$8261

Studio

$8821

1BR

$1,0991

2BR

$1,4401

3BR

$1,6661

4BR

Kentucky (KY) Rent Prices

As of 2025, the overall average fair market rent for a residential rental property in Kentucky is $1,183. Average rent prices in Kentucky sit below the national average rent of $1,274, in which Kentucky ranks as the as the 10th lowest rent among all 50 states and the 41st highest rent among all 50 states within the United States. In Kentucky’s large metropolitan areas such as Louisville, KY, the average rent prices tend to be higher, while alternative areas such as Bowling Green, KY, can provide more affordable options.

Kentucky (KY) National Rent Rankings

41st

Highest Rent Among 50 States

10th

Lowest Rent Among 50 States

Below

The National Rent Average

Average Rent Prices in Kentucky (KY) Visual Chart

Studio

A one-room unit with a private bathroom.

1BR

A unit that has a separate bathroom and a separate bedroom.

2BR

A unit that has two separate and distinct bedrooms.

3BR

A unit that has 3 separate and distinct bedrooms.

4BR

A unit that has 4 separate and distinct bedrooms.

Fair Market Rent

Gross rent estimate for a standard rental unit in a given market.

Average Rent Prices in Kentucky (KY) by Metro Area

wdt_ID Metro Studio 1BR 2BR 3BR 4BR
1 Allen County, KY HUD Metro FMR Area 737 752 986 1.188 1.468
2 Bowling Green, KY HUD Metro FMR Area 882 993 1.173 1.413 1.793
3 Butler County, KY HUD Metro FMR Area 648 661 867 1.215 1.368
4 Carter County, KY HUD Metro FMR Area 657 661 867 1.215 1.301
5 Cincinnati, OH-KY-IN HUD Metro FMR Area 883 993 1.287 1.707 1.885
6 Clarksville, TN-KY HUD Metro FMR Area 916 976 1.229 1.722 2.064
7 Elizabethtown, KY HUD Metro FMR Area 857 862 1.075 1.506 1.805
8 Evansville, IN-KY MSA 780 821 1.054 1.300 1.473
9 Grant County, KY HUD Metro FMR Area 759 848 1.098 1.323 1.599
10 Huntington-Ashland, WV-KY-OH HUD Metro FMR Area 844 850 971 1.259 1.459
11 Lexington-Fayette, KY MSA 799 982 1.165 1.583 1.781
12 Louisville, KY-IN HUD Metro FMR Area 1.003 1.094 1.330 1.714 1.989
13 Meade County, KY HUD Metro FMR Area 841 847 1.111 1.507 1.866
14 Owensboro, KY MSA 854 860 1.128 1.494 1.496
15 Shelby County, KY HUD Metro FMR Area 929 1.032 1.149 1.448 1.643
Metro Studio 1BR 2BR 3BR 4BR

Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2025.

Average Rent Prices in Other US States 2025

Rent prices for each state across the United States can greatly vary. Click on a State below to see the specific fair market residential rent prices for that state:

Kenctucky Rent Price Calculators

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Kentucky Rental Real Estate Resources

Kentucky (KY) Rental Property Management

Kentucky Property Management

Kentucky rental property management focuses on handling tenant relations, property maintenance, and legal compliance to help property owners maximize their investment returns.

Kentucky (KY) Rental Property Insurance

Kentucky Rental Property Insurance

Kentucky landlord insurance provides real estate investors with essential protection against financial losses caused by property damage, liability claims, loss of rental income, and other risks.

Kentucky (KY) Rental Property Loans

Kentucky Rental Property Loans

Kentucky rental property loans provide investors with financing solutions to purchase, refinance, or renovate properties in a state known for its mix of urban and rural rental opportunities.

Kentucky (KY) Rental Agreements

Residential rental agreement templates in Kentucky provide a standardized way to outline the terms of a rental arrangement, including rent, lease duration, and the responsibilities of both landlords and tenants.

Ultimate Guide to Rental Property Rent Payments

Rental Property Rent Payments

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Ultimate Guide to Rental Property Investing

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Average Rent in the United States

Average rent prices across the United States provide excellent insights into highs, lows, and emerging market trends.

Cheapest Rent in the United States

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Real Estate Investor Tools

Rental Real Estate Property Management Software

Real estate investor tools enable investors to analyze, manage, and effectively optimize their portfolios. They can range from property management software, to specialized market data solutions.

Real Estate Companies

Real Estate Companies

Rental real estate companies are the driving forces that power the greater rental property industry. These companies cater to various property types including residential, commercial, and more. 

1Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout the United States, excluding Puerto Rico.

Methodology

Areas with insufficient inventory or populations less than 25,000 were excluded from this analysis. Averages are based on the combined average of 0-4 bedroom residential rental properties throughout the United States excluding Puerto Rico.

Data

Rent prices are based on aggregated data from one and/or several sources noted below:

Disclaimer

The information included is used for illustrative purposes only. The data contained herein does not constitute financial, legal, or any material advice. Data is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals before making any material decisions.

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