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Homes & Apartments for Rent in Danville, KY

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What to Know About

Life in Danville & Beyond

Danville 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

Danville, KY

As of November 2026, Danville's rental market is balanced, with rentals spending about 34 days on the market, slower than in Kentucky (30), and rents down 1.0% over the past year. Danville's average rent is 11.4% ($153) lower than the Kentucky average of $1,337 and 41.8% ($852) lower than the U.S. average of $2,036.

Average Rent
$1,184
Monthly ChangeMonth Over Month Change
Decreased0.26% ($3)
Yearly ChangeYear Over Year Change
Decreased1.0% ($12)
Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $965 Increased0.12% ($1) Decreased0.7% ($6)
2 Beds $1,201 Decreased0.38% ($5) Decreased3.9% ($48)
3 Beds $1,663 Decreased0.22% ($4) Decreased0.6% ($9)
Nearby Cities Average Rent Avg. Rent vs. DanvilleAverage Rent vs. Danville Days on Market
Junction City $1,124 Decreased5.1% ($60) 30 days
Lancaster $1,242 Increased4.9% ($58) 30 days
Harrodsburg $1,182 Decreased0.2% ($2) 28 days
Wilmore $1,404 Increased18.6% ($220) 29 days
Nicholasville $1,611 Increased36.1% ($427) 26 days
Based on rentals advertised on RentalSource in and around Danville.
Frequently Asked Questions
Danville Rental Market FAQs

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

The average rent in Danville, KY is about $1,184 per month.
In Danville, the average rent is about $965 per month for a 1-bedroom home, about $1,201 for a 2-bedroom home and about $1,663 for a 3-bedroom home.
The average rent in Danville is 41.8% ($852) lower than the national average of $2,036 per month.
The rental market in Danville, KY is currently balanced, with rentals spending about 34 days on the market, slower than in Kentucky (30), and rents down 1.0% over the past year.
Based on the current averages, a household would need an annual income of about $48,000 to comfortably afford a 2-bedroom home in Danville.
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