What's the average rent in Owensboro, KY?

Rental Market Trends in Owensboro, KY

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Owensboro, KY is $1,300 per month, which is 33% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,300
18.7%
$205 increase month-over-month
8.3%
$100 increase year-over-year

AVAILABLE RENTALS

48

APARTMENTS

$846

HOUSES

$1,495

TOWNHOUSES

$2,500
As of July 2026, apartments are the most affordable rental option in Owensboro, KY at $846 per month, while townhomes are the most expensive at $2,500 per month. Houses average $1,495 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$695
2 Bedrooms$1,000
3 Bedrooms$1,500
4 Bedrooms$1,300
All$1,300
As of July 2026, the average rent for a 1 bedroom rental in Owensboro, KY is $695 per month, followed by $1,000 for a 2 bedroom rental, $1,500 for a 3 bedroom rental, and $1,300 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +41% compared to the previous year, which is a +$375 increase.
This year (2026)
Last year (2025)

Rent distribution

48% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $500 to $3,400.
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