Homes for Rent in Melbourne, KY

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What to Know About

Life in Melbourne & Beyond

Melbourne 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

Campbell County, KY

As of July 2025, Campbell County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Campbell County's average rent is 44.5% ($584) higher than the Kentucky average of $1,311 and 6.8% ($120) higher than the U.S. average of $1,775.

Average Rent
$1,895
Monthly ChangeMonth Over Month Change
Decreased1.4% ($27)
Yearly ChangeYear Over Year Change
Increased3.1% ($57)
Avg. Days on MarketAverage Days on Market
33
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,747 Increased3.5% ($59) Increased10% ($159)
2 Beds $2,205 Increased4.8% ($101) Increased10.7% ($213)
3 Beds $3,533 Decreased3.5% ($128) Increased54% ($1239)
Cities within Campbell County Average Rent Avg. Rent vs. CampbellAverage Rent vs. Campbell County Avg. Days on MarketAverage Days on Market
Newport $2,030 Increased7.1% ($135) 30 days
Bellevue $1,580 Decreased16.6% ($315) 32 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Campbell County Rental Market FAQs

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

The average rent in Campbell County, KY is $1,895 per month.
Homes in Campbell County typically rent for between $1,223 and $4,593 per month, with an average of $1,895 per month.
In Campbell County, the average rent for a 1-bedroom home is $1,747 per month, for a 2-bedroom home, $2,205 per month, and a 3-bedroom home is $3,533 per month.
The average rent in Campbell County is 6.8% ($120) higher than the national average of $1,775 per month.
The average rent in Campbell County has decreased by 1.4% ($27) in the last month and increased by 3.1% ($57) over the past year.
The rental market in Campbell County, KY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Campbell County, KY, the average rental stays on the market for approximately 33 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 21 rental properties available in Campbell County, KY.
Based on the current averages, a household would need an annual income of $88,200 to comfortably afford a 2-bedroom home in Campbell County.
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