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Homes & Apartments for Rent in Berea, KY

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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 November 2026, Berea's rental market is stable, with rentals spending about 31 days on the market, about the same as in Kentucky (30), and rents about flat over the past year. Berea's average rent is 18.8% ($252) lower than the Kentucky average of $1,337 and 46.7% ($951) lower than the U.S. average of $2,036.

Average Rent
$1,085
Monthly ChangeMonth Over Month Change
Decreased0.20% ($2)
Yearly ChangeYear Over Year Change
Decreased0.2% ($2)
Days on Market
31
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $801 Decreased0.23% ($2) Decreased2.5% ($20)
2 Beds $1,032 Increased0.12% ($1) Increased1.6% ($16)
3 Beds $1,494 Decreased0.48% ($7) Decreased2.4% ($37)
Nearby Cities Average Rent Avg. Rent vs. BereaAverage Rent vs. Berea Days on Market
Richmond $1,187 Increased9.4% ($102) 28 days
Lancaster $1,242 Increased14.5% ($157) 30 days
Based on rentals advertised on RentalSource in and around Berea.
Frequently Asked Questions
Berea Rental Market FAQs

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

The average rent in Berea, KY is about $1,085 per month.
In Berea, the average rent is about $801 per month for a 1-bedroom home, about $1,032 for a 2-bedroom home and about $1,494 for a 3-bedroom home.
The average rent in Berea is 46.7% ($951) lower than the national average of $2,036 per month.
The rental market in Berea, KY is currently stable, with rentals spending about 31 days on the market, about the same as in Kentucky (30), and rents about flat over the past year.
Based on the current averages, a household would need an annual income of about $41,300 to comfortably afford a 2-bedroom home in Berea.
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