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Average Rent in Owensboro 42303 & Rent Trends

Rent prices and market trends across 5 apartment communities in Owensboro 42303, Owensboro, KY. Updated daily.

Market Average

$1,293/mo

Lowest Available

$779/mo

cheapest unit on market

Communities

5

tracked daily

Units Listed

20

available now

Owensboro 42303 vs Owensboro, KY Average

Owensboro 42303 is the same price as the Owensboro, KY average . The citywide average is $1,293/mo across all neighborhoods.

Is Rent Going Up or Down in Owensboro 42303?

As of July 2026, the average rent in Owensboro 42303 is $1,293 per month across 5 apartment communities and 20 available units.

The most affordable option is Keystone Apartments starting at $779/mo. By unit type, a 1-bedroom averages $1,069/mo, a 2-bedroom averages $1,326/mo, a 3-bedroom averages $1,700/mo.

Prices range from $779 to $1,700 per month. The most common price point is the $1,400 range, where 6 units are currently listed.

Owensboro 42303 Rent Price History

Window
View as table
Month Avg Rent Change Properties
July 2026 $1,133 - 5

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Owensboro 42303

1 Bed
$1,069
from $779 · 4 units
2 Bed
$1,326
from $868 · 15 units
3 Bed
$1,700
from $1,700 · 1 units

Rent Prices by Apartment in Owensboro 42303

Property Starting at Average Units Rating
Keystone Apartments $779/mo $829/mo 2 3.3
Owensboro Historic Residences $868/mo $868/mo 2 2
East Meadows Apartment Homes $1,145/mo $1,302/mo 6 4.9
Legacy Commons $1,170/mo $1,170/mo 1 5
Bluegrass Villas $1,205/mo $1,498/mo 9 4.5

Frequently Asked Questions About Rent in Owensboro 42303

What is the average rent in Owensboro 42303?

The average rent in Owensboro 42303 is $1,293 per month as of July 2026, based on 20 units across 5 apartment communities.

Is rent going up or down in Owensboro 42303?

The current average rent in Owensboro 42303 is $1,293/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Owensboro 42303?

The most affordable apartment in Owensboro 42303 is Keystone Apartments with units starting at $779/mo.

How much is a 1-bedroom apartment in Owensboro 42303?

A 1-bedroom apartment in Owensboro 42303 averages $1,069/mo, with prices starting at $779/mo across 4 available units.

How many apartments are available in Owensboro 42303?

There are 20 units available across 5 apartment communities in Owensboro 42303.

What salary do I need to live comfortably in Owensboro 42303?

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

Minimum to afford average rent

$52,000/year

Based on the 30 percent rule, using our tracked average rent of $1,293/mo.

Comfortable income

$62,000/year

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

To afford the cheapest tracked apartment ($779/mo), you need to earn at least $31,000/year.

Cost of living in Owensboro 42303

We only have live rent data for Owensboro 42303 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,293
Estimated total $1,293/mo

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 are refreshed annually.

Explore Owensboro 42303 Apartments

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