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Apartments for Rent in Bourbon County, KY

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What to Know About

Life in Bourbon County & Beyond

Bourbon County 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

Bourbon County, KY

As of November 2026, Bourbon County's rental market is stable, with rentals spending about 31 days on the market, about the same as in Kentucky (30), and rents down 1.8% over the past year. Bourbon County's average rent is 8.5% ($113) lower than the Kentucky average of $1,337 and 39.9% ($812) lower than the U.S. average of $2,036.

Average Rent
$1,224
Monthly ChangeMonth Over Month Change
Increased0.34% ($4)
Yearly ChangeYear Over Year Change
Decreased1.8% ($23)
Days on Market
31
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,074 Increased0.15% ($2) Decreased1.9% ($21)
2 Beds $1,194 Increased0.20% ($2) Decreased3.1% ($38)
3 Beds $1,560 Decreased0.07% ($1) Decreased1.3% ($20)
Cities within Bourbon County Average Rent Avg. Rent vs. BourbonAverage Rent vs. Bourbon County Days on Market
Paris $1,245 Increased1.7% ($21) 30 days
Millersburg $948 Decreased22.5% ($276) 29 days
North Middletown $888 Decreased27.5% ($336) 29 days
Based on rentals advertised on RentalSource in and around Bourbon County.
Frequently Asked Questions
Bourbon County Rental Market FAQs

Explore rental prices, market conditions, and affordability in Bourbon County, KY.

The average rent in Bourbon County, KY is about $1,224 per month.
In Bourbon County, the average rent is about $1,074 per month for a 1-bedroom apartment, about $1,194 for a 2-bedroom apartment and about $1,560 for a 3-bedroom apartment.
The average rent in Bourbon County is 39.9% ($812) lower than the national average of $2,036 per month.
The rental market in Bourbon County, KY is currently stable, with rentals spending about 31 days on the market, about the same as in Kentucky (30), and rents down 1.8% over the past year.
Based on the current averages, a household would need an annual income of about $47,800 to comfortably afford a 2-bedroom apartment in Bourbon County.
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