Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
•11 min read
What to Know About
Life in Hopkinsville & Beyond
Hopkinsville 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
Hopkinsville, KY
As of June 2026, Hopkinsville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Hopkinsville's average rent is 24.0% ($289) lower than the Kentucky average of $1,203 and 49.1% ($883) lower than the U.S. average of $1,797.
Average Rent
$914
Monthly ChangeMonth Over Month Change
15.3% ($165)
Yearly ChangeYear Over Year Change
3.8% ($36)
Avg. Days on MarketAverage Days on Market
32
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $665 | 14.7% ($115) | 6.2% ($44) |
| 2 Beds | $990 | 8.1% ($87) | 0.5% ($5) |
| 3 Beds | $1,284 | 2.7% ($36) | 5.6% ($68) |
| Nearby Cities | Average Rent | Avg. Rent vs. HopkinsvilleAverage Rent vs. Hopkinsville | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Oak Grove | $1,162 | 27.1% ($248) | 31 days |
| Trenton | $1,323 | 44.7% ($409) | 34 days |
| Greenville | $747 | 18.3% ($167) | 31 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Hopkinsville Rental Market FAQs
Explore rental prices, market trends, and availability in Hopkinsville, KY.
The average rent in Hopkinsville, KY is $914 per month.
Homes in Hopkinsville typically rent for between $600 and $1,669 per month, with an average of $914 per month.
In Hopkinsville, the average rent for a 1-bedroom home is $665 per month, for a 2-bedroom home, $990 per month, and a 3-bedroom home is $1,284 per month.
The average rent in Hopkinsville is 49.1% ($883) lower than the national average of $1,797 per month.
The average rent in Hopkinsville has decreased by 15.3% ($165) in the last month and decreased by 3.8% ($36) over the past year.
The rental market in Hopkinsville, KY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Hopkinsville, KY, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 36 rental properties available in Hopkinsville, KY.
Based on the current averages, a household would need an annual income of $39,600 to comfortably afford a 2-bedroom home in Hopkinsville.
