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Average Rent in Owensboro, KY

5 apartment buildings, 40 units. Daily asking prices with rent history for every building.

Avg Rent

$1,015/mo

median $868

-1.1% vs last month

Cheapest

$570/mo

Owensboro Historic Residences

Properties

5

tracked daily

Units

40

available now

Owensboro, KY Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 5 properties in Owensboro, KY.

Timeframe

Average rent trend, last 2 months

All bedroom types, citywide. Choose a window above to scope the view.

$1,128
Average rent today
Average rent trend in Owensboro, KY $1,050$1,117$1,183$1,250 Jul 30Aug 6Aug 20Sep 3Sep 24

Full Owensboro, KY price history

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Owensboro, KY Rent Prices

All 5 properties ranked by lowest available rent.

Rent & Price History by Building

By Area

Owensboro, KY neighborhoods

Tracked buildings across 1 named neighborhoods. Pick one to see its apartments.

Owensboro, KY Average Rent Prices 2026

The average rent in Owensboro, KY is $1,015 per month, based on 40 units across 5 apartment communities. Prices range from $570 at Owensboro Historic Residences to $1,720 at Bluegrass Villas.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
1 Bed $948/mo $570/mo 6
2 Bed $1,006/mo $674/mo 33
3 Bed $1,720/mo $1,720/mo 1

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

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Market Context

Who rents in Owensboro, KY, and what they pay

Tracked one-bedroom rent in Owensboro, KY averages $948/mo, with two-bedroom units averaging $1,006/mo. At the local median household income of $53,295, that works out to 23% of gross income, well within the 25 percent comfortable-rent threshold.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Owensboro, KY at $900/mo. The current tracked market average runs 13% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Owensboro, KY while the tracked market average covers units currently listed in larger apartment communities.

What salary do I need to live comfortably in Owensboro, KY?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$41,000/year

Based on the 30 percent rule, using our tracked average rent of $1,015/mo.

Comfortable income

$49,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($570/mo), you need to earn at least $23,000/year.

Median household income in Owensboro, KY is $53,295 , about 9% above the comfortable-living threshold.

Cost of living in Owensboro, KY

Overall prices in Owensboro, KY runs below the national average by about 10% (BEA Regional Price Parity index 89.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Owensboro, KY's regional price parities.

Category Monthly estimate
Rent (market average) $1,015
Utilities $257
Groceries $510
Transportation $612
Healthcare $299
Other goods and services $478
Estimated total $3,170/mo

Population

60,112

Median household income

$53,295

Census median rent

$900/mo

Census rent burden

27.7%

Median age

37.7

Mean commute

18 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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Nearby cities in Kentucky

How Owensboro, KY rent compares to other markets in the state.

City Avg Rent vs Owensboro, KY 30-Day Change Properties
Lexington, KY $1,592 +57% -0.4% 21
Louisville, KY $1,341 +32% -9.6% 16
Bowling Green, KY $1,194 +18% -6.7% 6

Frequently asked questions

What is the average rent in Owensboro, KY?

The average rent in Owensboro, KY is $1,015 per month, based on 40 units across 5 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the median rent in Owensboro, KY?

The median asking rent in Owensboro, KY is $868 per month, computed from 40 live listed units and refreshed daily. The average is $1,015/mo; the median resists skew from luxury listings.

What is the cheapest apartment rent in Owensboro, KY?

The lowest available rent in Owensboro, KY starts at $570 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Owensboro, KY?

1-bedroom apartments in Owensboro, KY average $948/mo. The lowest listed 1-bedroom starts at $570/mo across 6 units tracked.

How much is a 2-bedroom apartment in Owensboro, KY?

2-bedroom apartments in Owensboro, KY average $1,006/mo. Units start from $674/mo across 33 units currently listed.

Rent Trends in Owensboro, KY

Track how apartment prices are changing over time.

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