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Homes & Apartments for Rent in Mercer County, KY

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What to Know About

Life in Mercer County & Beyond

Mercer County 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

Mercer County, KY

As of November 2026, Mercer County's rental market is stable, with rentals spending about 28 days on the market, faster than in Kentucky (30), and rents down 0.9% over the past year. Mercer County's average rent is 11.4% ($153) lower than the Kentucky average of $1,337 and 41.8% ($852) lower than the U.S. average of $2,036.

Average Rent
$1,184
Monthly ChangeMonth Over Month Change
Decreased0.04%
Yearly ChangeYear Over Year Change
Decreased0.9% ($11)
Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $931 Decreased0.06% ($1) Decreased2.8% ($27)
2 Beds $1,150 Decreased0.20% ($2) Decreased3.9% ($47)
3 Beds $1,488 Increased0.02% Increased0.9% ($14)
Based on rentals advertised on RentalSource in and around Mercer County.
Frequently Asked Questions
Mercer County Rental Market FAQs

Explore rental prices, market conditions, and affordability in Mercer County, KY.

The average rent in Mercer County, KY is about $1,184 per month.
In Mercer County, the average rent is about $931 per month for a 1-bedroom home, about $1,150 for a 2-bedroom home and about $1,488 for a 3-bedroom home.
The average rent in Mercer County is 41.8% ($852) lower than the national average of $2,036 per month.
The rental market in Mercer County, KY is currently stable, with rentals spending about 28 days on the market, faster than in Kentucky (30), and rents down 0.9% over the past year.
Based on the current averages, a household would need an annual income of about $46,000 to comfortably afford a 2-bedroom home in Mercer County.
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