Homes for Rent in Independence, KY

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What to Know About

Life in Independence & Beyond

Independence 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

Kenton County, KY

As of May 2025, Kenton County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Kenton County's average rent is 8.5% ($107) higher than the Kentucky average of $1,262 and 23.6% ($424) lower than the U.S. average of $1,793.

Average Rent
$1,369
Monthly ChangeMonth Over Month Change
Decreased3.6% ($51)
Yearly ChangeYear Over Year Change
Decreased4.2% ($60)
Avg. Days on MarketAverage Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,176 Decreased5.8% ($72) Decreased5.8% ($72)
2 Beds $1,455 No change Decreased7% ($110)
3 Beds $1,786 Decreased3% ($56) Decreased0.9% ($16)
Cities within Kenton County Average Rent Avg. Rent vs. KentonAverage Rent vs. Kenton County Avg. Days on MarketAverage Days on Market
Covington $1,377 Increased0.6% ($8) 53 days
Erlanger $1,221 Decreased10.8% ($148) 33 days
Ft Mitchell $1,334 Decreased2.6% ($35) 31 days
Latonia $1,010 Decreased26.2% ($359) 30 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Kenton County Rental Market FAQs

Explore rental prices, market trends, and availability in Kenton County, KY.

The average rent in Kenton County, KY is $1,369 per month.
Homes in Kenton County typically rent for between $823 and $2,322 per month, with an average of $1,369 per month.
In Kenton County, the average rent for a 1-bedroom home is $1,176 per month, for a 2-bedroom home, $1,455 per month, and a 3-bedroom home is $1,786 per month.
The average rent in Kenton County is 23.6% ($424) lower than the national average of $1,793 per month.
The average rent in Kenton County has decreased by 3.6% ($51) in the last month and decreased by 4.2% ($60) over the past year.
The rental market in Kenton County, KY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Kenton County, 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 54 rental properties available in Kenton County, KY.
Based on the current averages, a household would need an annual income of $58,200 to comfortably afford a 2-bedroom home in Kenton County.
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