Apartments & Condos 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

As of May 2025, Nicholasville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Nicholasville's average rent is 18.4% ($232) higher than the Kentucky average of $1,262 and 16.7% ($299) lower than the U.S. average of $1,793.

Average Rent
$1,494
Monthly ChangeMonth Over Month Change
Increased0.6% ($9)
Yearly ChangeYear Over Year Change
Decreased1.3% ($19)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,397 Increased0.9% ($12) Increased10.3% ($131)
2 Beds $1,548 Increased0.1% ($2) Increased10.2% ($143)
3 Beds $1,977 Increased1.2% ($24) Increased10.1% ($181)
Nearby Cities Average Rent Avg. Rent vs. NicholasvilleAverage Rent vs. Nicholasville Avg. Days on MarketAverage Days on Market
Lexington $1,366 Decreased8.6% ($128) 31 days
Versailles $955 Decreased36.1% ($539) 30 days
Richmond $973 Decreased34.9% ($521) 37 days
Harrodsburg $823 Decreased44.9% ($671) 29 days
Danville $1,007 Decreased32.6% ($487) 32 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Nicholasville Rental Market FAQs

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

The average rent in Nicholasville, KY is $1,494 per month.
Apartments in Nicholasville typically rent for between $978 and $2,570 per month, with an average of $1,494 per month.
In Nicholasville, the average rent for a 1-bedroom apartment is $1,397 per month, for a 2-bedroom apartment, $1,548 per month, and a 3-bedroom apartment is $1,977 per month.
The average rent in Nicholasville is 16.7% ($299) lower than the national average of $1,793 per month.
The average rent in Nicholasville has increased by 0.6% ($9) in the last month and decreased by 1.3% ($19) over the past year.
The rental market in Nicholasville, KY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Nicholasville, KY, the average rental stays on the market for approximately 35 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 9 rental properties available in Nicholasville, KY.
Based on the current averages, a household would need an annual income of $61,920 to comfortably afford a 2-bedroom apartment in Nicholasville.
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