Average Rent in Fayette County
Apartments & Houses by Size
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Fayette County’s rental market offers a balanced mix of apartments and single‑family homes, catering to students, professionals, and families alike. Studio apartments typically rent in the $900s, while one‑bedroom units often fall within the $1100‑$1200 range. Larger floor plans, such as two‑ and three‑bedroom apartments, commonly reach the $1300‑$1500 and $1700‑$1800 brackets, respectively, and upscale four‑plus‑bedroom homes can be found in the $2500‑$2600 range. This diversity of price points reflects the county’s strong demand for quality housing across a variety of budgets.
The county’s vibrant neighborhoods enhance the appeal of its rentals. In Lexington, the historic Chevy Chase and South Hill districts blend charming early‑20th‑century architecture with walkable streets, boutique shops, and local eateries. Near the University of Kentucky campus, student‑focused apartments provide convenient access to academic resources, cultural events, and nightlife. For families, the tranquil suburbs of Nicholasville and Midway offer spacious homes on larger lots, excellent schools, and easy access to parks such as The Arboretum and McConnell Springs.
Beyond housing, Fayette County boasts a rich cultural scene and abundant outdoor recreation. Residents enjoy proximity to the Kentucky Horse Park, vibrant farmer’s markets, and a growing arts community. With its blend of urban amenities, historic charm, and natural beauty, Fayette County remains a sought‑after destination for renters seeking a welcoming Kentucky lifestyle.
Fayette Rent by Property Type & Bedroom Count
Averages, medians, and ranges across recent rental listings
| Property Type | Bedrooms | Average | Median | Min – Max | 25th – 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,177 | $1,239 | $625 – $1,650 | $935 – $1,374 |
| Apartment | 1 Bedroom | $1,176 | $1,125 | $699 – $1,802 | $999 – $1,405 |
| Apartment | 2 Bedroom | $1,508 | $1,439 | $800 – $3,299 | $1,174 – $1,725 |
| Apartment | 3 Bedroom | $1,747 | $1,689 | $1,020 – $2,625 | $1,475 – $2,050 |
| Apartment | 4+ Bedroom | $1,990 | $2,162 | $735 – $2,900 | $1,625 – $2,900 |
| House | 1 Bedroom | $1,069 | $937 | $650 – $2,200 | $695 – $995 |
| House | 2 Bedroom | $1,402 | $1,400 | $700 – $1,995 | $1,195 – $1,650 |
| House | 3 Bedroom | $1,911 | $1,850 | $970 – $3,600 | $1,650 – $2,100 |
| House | 4+ Bedroom | $2,689 | $2,500 | $1,350 – $6,000 | $2,195 – $2,995 |
Current rent in Fayette (all property types): Studio $1,177, 1 Bedroom $1,166, 2 Bedroom $1,475, 3 Bedroom $1,891, 4+ Bedroom $2,546.
Map of Fayette County
Outlined area shows the county boundary. Shaded regions show where rentals cluster.
About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
If you cite, share, or republish data from this report, please credit Rentometer.