Georgetown is a picturesque city known for its rolling hills, historic architecture, quaint downtown area, and vibrant local community. The city is known for its downtown, featuring unique shops, restaurants, and cultural institutions like the Georgetown-Scott County Museum. Georgetown is also home to Georgetown College, hosting a wealth of academic programs. The town is also known for its friendly locals, safe neighborhoods, and a strong sense of community.

The city is a haven for nature enthusiasts, with endless opportunities to explore the outdoors, such as hiking and horseback riding in the nearby Elkhorn Creek and Royal Spring Park. Georgetown also offers a range of dining experiences, from classic Southern cuisine to modern American and ethnic international cuisine. In addition, it hosts several annual events throughout the year that showcase the city's history and culture, including the Kentucky Bourbon Festival, Festival of the Horse, and wooden boat show.

Georgetown is a fantastic place to call home, offering a small-town feel, plenty of historic charm, and easy access to all that the Bluegrass Region of Kentucky has to offer.

Rental Market Trends

Georgetown, KY

As of July 2025, Georgetown's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Georgetown's average rent is 24.3% ($318) higher than the Kentucky average of $1,311 and 8.2% ($146) lower than the U.S. average of $1,775.

Average Rent

$1,629

Monthly ChangeMonth Over Month Change

2.1% ($35)

Yearly ChangeYear Over Year Change

1.7% ($29)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,335	0.1% ($1)	3.6% ($46)
2 Beds	$1,616	3.3% ($51)	4.9% ($76)
3 Beds	$1,795	0.4% ($8)	4.1% ($76)

Nearby Cities	Average Rent	Avg. Rent vs. GeorgetownAverage Rent vs. Georgetown	Avg. Days on MarketAverage Days on Market
Lexington	$1,373	15.7% ($256)	31 days
Versailles	$1,006	38.2% ($623)	30 days
Frankfort	$1,181	27.5% ($448)	33 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Georgetown Rental Market FAQs

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

What is the average rent in Georgetown, KY?

The average rent in Georgetown, KY is $1,629 per month.

What is the rental price range for apartments in Georgetown, KY?

Apartments in Georgetown typically rent for between $935 and $2,334 per month, with an average of $1,629 per month.

What is the average rent for different bedroom sizes in Georgetown, KY?

In Georgetown, the average rent for a 1-bedroom apartment is $1,335 per month, for a 2-bedroom apartment, $1,616 per month, and a 3-bedroom apartment is $1,795 per month.

How do rent prices in Georgetown, KY compare with the national average?

The average rent in Georgetown is 8.2% ($146) lower than the national average of $1,775 per month.

How have rent prices in Georgetown, KY changed recently?

The average rent in Georgetown has decreased by 2.1% ($35) in the last month and decreased by 1.7% ($29) over the past year.

How competitive is the rental market in Georgetown, KY?

The rental market in Georgetown, KY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Georgetown, KY?

In Georgetown, KY, the average rental stays on the market for approximately 36 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Georgetown, KY?

There are currently 11 rental properties available in Georgetown, KY.

Can I afford to rent an apartment in Georgetown, KY?

Based on the current averages, a household would need an annual income of $64,640 to comfortably afford a 2-bedroom apartment in Georgetown.