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Homes & Apartments for Rent in Nicholasville, KY

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What to Know About

Life in Nicholasville & Beyond

Nicholasville 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

Nicholasville, KY

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As of November 2026, Nicholasville's rental market is competitive, with rentals spending about 26 days on the market, faster than in Kentucky (30), and rents down 4.2% over the past year. Nicholasville's average rent is 20.5% ($274) higher than the Kentucky average of $1,337 and 20.9% ($425) lower than the U.S. average of $2,036.

Average Rent
$1,611
Monthly ChangeMonth Over Month Change
Increased0.15% ($2)
Yearly ChangeYear Over Year Change
Decreased4.2% ($70)
Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,239 Increased0.16% ($2) Decreased1.6% ($21)
2 Beds $1,384 Decreased0.35% ($5) Decreased8.7% ($131)
3 Beds $1,868 Increased0.48% ($9) Decreased0.1% ($2)
Nearby Cities Average Rent Avg. Rent vs. NicholasvilleAverage Rent vs. Nicholasville Days on Market
Wilmore $1,404 Decreased12.8% ($207) 29 days
Lexington $1,625 Increased0.9% ($14) 29 days
Lancaster $1,242 Decreased22.9% ($369) 30 days
Versailles $1,492 Decreased7.4% ($119) 28 days
Richmond $1,187 Decreased26.3% ($424) 28 days
Based on rentals advertised on RentalSource in and around Nicholasville.
Frequently Asked Questions
Nicholasville Rental Market FAQs

Explore rental prices, market conditions, and affordability in Nicholasville, KY.

The average rent in Nicholasville, KY is about $1,611 per month.
In Nicholasville, the average rent is about $1,239 per month for a 1-bedroom home, about $1,384 for a 2-bedroom home and about $1,868 for a 3-bedroom home.
The average rent in Nicholasville is 20.9% ($425) lower than the national average of $2,036 per month.
The rental market in Nicholasville, KY is currently competitive, with rentals spending about 26 days on the market, faster than in Kentucky (30), and rents down 4.2% over the past year.
Based on the current averages, a household would need an annual income of about $55,400 to comfortably afford a 2-bedroom home in Nicholasville.
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