Apartments for rent in Kentucky are less expensive than the national average. The price of a studio averages $463 per month, which is $562 below the national average. The price of a one-bedroom averages $519 per month, which is $342 below the national average. Larger Kentucky apartment rentals follow the same trends. The price of a two-bedroom averages $621 per month, which is $435 below the national average. The price of a three-bedroom averages $775 per month, which is $570 below the national average.

If you're searching for an Kentucky apartment rental you should know that the trends vary depending on which city or county you're looking at. The most expensive Newport, Dayton, and Lexington. The lowest rent apartments in Kentucky are in Owensboro, Georgetown, and Covington.

Economy:
Known mostly as an agriculture state, Kentucky has become the nation's 4th biggest auto manufacturer in recent years thanks to major presences from Toyota, GM and Ford. Kentucky is the national leader in horse breeding, and its economy also relies on horses, livestock, coal and tobacco in addition to manufacturing. Kentucky is relatively poor, ranked 43rd in per-capita income, but a low cost of living helps to offset low earnings.

Noteworthy:
Both Abraham Lincoln and Jefferson Davis, the president of the Confederacy, were born in Kentucky roughly 100 miles apart.