Middletown, KY Rental Market Trends
Last updated: February 19, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Middletown is $1,562, a 2.16% increase compared to the previous year, when the average rent was $1,529.
One-bedroom apartments provide 836 square feet for $1,373, balancing privacy and affordability.
Two-beedroom units at $1,627 offer 1,149 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,440 sq ft) for $2,091, suitable for larger households.
Average rent in Middletown, KY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,562 | 1,052 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,373 | 836 sq. ft. |
| 2 Beds | $1,627 | 1,149 sq. ft. |
| 3 Beds | $2,091 | 1,440 sq. ft. |
Middletown, KY rent trends
Rental prices in Middletown, KY have increased by 2.16% over the past year. The average rent moved from $1,529 to $1,562.
What's the typical rent budget in Middletown, KY?
The largest share of rentals in Middletown, KY (49%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Middletown, KY?
1,955 or 43% of the households in Middletown, KY are renter-occupied while 2,560 or 57% are owner-occupied.
How Middletown Compares to Other Cities
| City | Average Rent |
|---|---|
| Middletown | $1,562 |
| Louisville | $1,308 |
| Lexington | $1,351 |
| Richmond | $975 |
| Florence | $1,423 |
| Covington | $1,502 |
| Shepherdsville | $1,198 |
| Erlanger | $1,421 |
| Ft Mitchell | $1,207 |
| Newport | $1,476 |
| Shelbyville | $1,145 |
| Jeffersonville, IN | $1,240 |
| New Albany, IN | $1,121 |
| Jeffersontown, KY | $1,365 |
| Shively, KY | $840 |
| Lyndon, KY | $1,290 |
| St. Matthews, KY | $1,288 |
| Fairdale | $1,247 |
| La Grange, KY | $1,368 |
| Crestwood, KY | $1,229 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Middletown apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.