Homes for Rent in Madisonville, KY

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What to Know About

Life in Madisonville & Beyond

Madisonville 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

Madisonville, KY

As of August 2025, Madisonville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Madisonville's average rent is 36.6% ($489) lower than the Kentucky average of $1,337 and 52.6% ($942) lower than the U.S. average of $1,790.

Average Rent
$848
Monthly ChangeMonth Over Month Change
Decreased3.9% ($34)
Yearly ChangeYear Over Year Change
Increased5.3% ($43)
Avg. Days on MarketAverage Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $779 Decreased4.8% ($39) Increased17.5% ($116)
2 Beds $930 Decreased4.5% ($44) Increased11.8% ($98)
3 Beds $1,111 Decreased4.8% ($56) Increased16.1% ($154)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Madisonville Rental Market FAQs

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

The average rent in Madisonville, KY is $848 per month.
Homes in Madisonville typically rent for between $600 and $1,444 per month, with an average of $848 per month.
In Madisonville, the average rent for a 1-bedroom home is $779 per month, for a 2-bedroom home, $930 per month, and a 3-bedroom home is $1,111 per month.
The average rent in Madisonville is 52.6% ($942) lower than the national average of $1,790 per month.
The average rent in Madisonville has decreased by 3.9% ($34) in the last month and increased by 5.3% ($43) over the past year.
The rental market in Madisonville, KY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Madisonville, KY, the average rental stays on the market for approximately 34 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1 rental property available in Madisonville, KY.
Based on the current averages, a household would need an annual income of $37,200 to comfortably afford a 2-bedroom home in Madisonville.
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