Homes & Apartments for Rent in Alexandria, KY

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What to Know About

Life in Alexandria & Beyond

Alexandria shares many of the great qualities that make Kentucky a desirable place to live.

Kentucky, known as the "Bluegrass State" and located in the Appalachian foothills, is famous for its horse racing industry, but there's so much more to explore. Immerse yourself in Kentucky's cultural legacy with visits to the Kentucky Derby Museum and the Muhammad Ali Center, or further your education at universities like the University of Kentucky and the University of Louisville. Growing agriculture, manufacturing, and healthcare industries support Kentucky's economy, providing residents with a wide range of job opportunities.

Kentucky has a rich and diverse landscape, ranging from rolling hills to bustling cities, offering something for everyone. Take in the scenic views of the Appalachians, hit the links for a round of golf, or even attend exciting college sports games at renowned local universities. In addition, immerse yourself in famous attractions like Churchill Downs, the Kentucky Horse Park, Mammoth Cave National Park, the Kentucky Bourbon Trail, and the historic city of Lexington.

Kentucky offers a high quality of life, a strong economy, and a beautiful natural environment, making it a great place to live. The state's friendly and welcoming atmosphere will make you feel at home, and its unique blend of urban and rural living creates a unique sense of balance.

Rental Market Trends

Alexandria, KY

As of June 2026, Alexandria's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Alexandria's average rent is 10.0% ($120) higher than the Kentucky average of $1,203 and 26.4% ($474) lower than the U.S. average of $1,797.

Average Rent
$1,323
Monthly ChangeMonth Over Month Change
Increased20.5% ($225)
Yearly ChangeYear Over Year Change
Increased20.6% ($226)
Avg. Days on MarketAverage Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,173 Increased11.7% ($123) Increased11.9% ($125)
2 Beds $1,433 Increased19.9% ($238) Increased19.9% ($238)
3 Beds $1,766 Increased23.3% ($334) Increased21% ($306)
Nearby Cities Average Rent Avg. Rent vs. AlexandriaAverage Rent vs. Alexandria Avg. Days on MarketAverage Days on Market
Latonia $1,561 Increased18% ($238) 30 days
Butler $1,043 Decreased21.2% ($280) 34 days
Independence $1,671 Increased26.3% ($348) 35 days
Newport $1,616 Increased22.1% ($293) 30 days
Amelia $1,116 Decreased15.6% ($207) 40 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Alexandria Rental Market FAQs

Explore rental prices, market trends, and availability in Alexandria, KY.

The average rent in Alexandria, KY is $1,323 per month.
Homes in Alexandria typically rent for between $821 and $2,296 per month, with an average of $1,323 per month.
In Alexandria, the average rent for a 1-bedroom home is $1,173 per month, for a 2-bedroom home, $1,433 per month, and a 3-bedroom home is $1,766 per month.
The average rent in Alexandria is 26.4% ($474) lower than the national average of $1,797 per month.
The average rent in Alexandria has increased by 20.5% ($225) in the last month and increased by 20.6% ($226) over the past year.
The rental market in Alexandria, KY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Alexandria, KY, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 2 rental properties available in Alexandria, KY.
Based on the current averages, a household would need an annual income of $57,320 to comfortably afford a 2-bedroom home in Alexandria.
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