Homes & Apartments for Rent in Berea, KY 40403

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What to Know About

Life in Berea & Beyond

Berea 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

Berea, KY

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As of October 2026, Berea's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Berea's average rent is 8.5% ($104) lower than the Kentucky average of $1,229 and 38.2% ($694) lower than the U.S. average of $1,819.

Average Rent
$1,125
Monthly ChangeMonth Over Month Change
Decreased3.8% ($45)
Yearly ChangeYear Over Year Change
Increased21.5% ($199)
Avg. Days on MarketAverage Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $958 Decreased3.3% ($33) Increased13.4% ($113)
2 Beds $1,127 Decreased3.7% ($43) Increased19.1% ($181)
3 Beds $1,380 Decreased6.9% ($102) Increased20% ($230)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Berea Rental Market FAQs

Explore rental prices, market conditions, and affordability in Berea, KY.

The average rent in Berea, KY is $1,125 per month.
In Berea, the average rent for a 1-bedroom home is $958 per month, for a 2-bedroom home, $1,127 per month, and a 3-bedroom home is $1,380 per month.
The average rent in Berea is 38.2% ($694) lower than the national average of $1,819 per month.
The rental market in Berea, KY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
Based on the current averages, a household would need an annual income of $45,080 to comfortably afford a 2-bedroom home in Berea.
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