What is the median rent in Edgewood, KY?
The median gross rent in Edgewood, KY is $1,073 (±$144) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 217 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Edgewood, the median gross rent went from $1,166 in 2015–2019 to $1,073 in 2020–2024 (−8.0%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median gross rent
- $1,073 (±$144)
- Rented homes
- 217 (±93)
- $2,000 or more
- 22.6%
- Since 2015–2019
- −8.0%
How much rent costs in Edgewood
| Monthly gross rent | Edgewood | Kenton County | Kentucky | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±15.8 points) | 6.8% | 11.4% | 6.3% |
| $500 to $999 | 39.2% (±26.4 points) | 37.1% | 42.1% | 20.2% |
| $1,000 to $1,499 | 36.9% (±19.3 points) | 34.9% | 32.5% | 28.1% |
| $1,500 to $1,999 | 1.4% (±2.9 points) | 13.4% | 10.1% | 21.1% |
| $2,000 to $2,499 | 15.2% (±18.4 points) | 5.7% | 2.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±15.8 points) | 1.2% | 0.7% | 5.5% |
| $3,000 or more | 7.4% (±9.2 points) | 0.9% | 0.7% | 6.8% |
The most common range is $500 to $999, paid by 39.2% of renting households.
22.6% of rented homes in Edgewood cost $2,000 or more a month.
Edgewood against Kenton County, its state and the nation
| Edgewood | Kenton County | Kentucky | United States | |
|---|---|---|---|---|
| Median gross rent | $1,073 (±$144) | $1,069 (±$30) | $967 (±$5) | $1,413 |
| Rented homes paying rent | 217 (±93) | 18,906 (±904) | 525,744 (±5,281) | 42,849,984 |
In Edgewood, median gross rent is not measurably different from Kenton County ($1,069).
It is not measurably different from Kentucky ($967).
It is lower than the national figure ($1,413).
In Kenton County, Edgewood ranks 12 of 17 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 105 of 376.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Edgewood has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,166 (±$130) | $1,073 (±$144) | −8.0% | Down after inflation |
| Households that rent | 12.4% (±3.6 points) | 7.1% (±2.9 points) | −5.3 percentage points | Measurable decrease |
| Rental vacancy rate | 15.3% (±13.5 points) | 12.0% (±17.5 points) | −3.3 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Edgewood
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Edgewood | — | $1,073 (±$144) | — |
| Crestview Hills | 1.2 mi | $1,481 (±$291) | Higher |
| Lakeside Park | 1.8 mi | $1,154 (±$68) | Not measurably different |
| Elsmere | 2.5 mi | $1,351 (±$194) | Higher |
| Fort Mitchell | 2.6 mi | $1,039 (±$102) | Not measurably different |
| Covington | 2.8 mi | $1,006 (±$57) | Not measurably different |
| Fort Wright | 2.9 mi | $1,142 (±$125) | Not measurably different |
| Erlanger | 3.0 mi | $970 (±$40) | Not measurably different |
| Taylor Mill | 3.2 mi | $1,139 (±$91) | Not measurably different |
Nearby places with a measurably higher figure: Crestview Hills, KY ($1,481), Elsmere, KY ($1,351).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Kenton County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 6 | Ludlow | $1,233 (±$379) |
| 7 | Lakeside Park | $1,154 (±$68) |
| 8 | Fort Wright | $1,142 (±$125) |
| 9 | Taylor Mill | $1,139 (±$91) |
| 10 | Ryland Heights | $1,125 (±$158) |
| 11 | Bromley | $1,112 (±$39) |
| 12 | Edgewood | $1,073 (±$144) |
| 13 | Park Hills | $1,042 (±$157) |
| 14 | Fort Mitchell | $1,039 (±$102) |
| 15 | Covington | $1,006 (±$57) |
| 16 | Erlanger | $970 (±$40) |
| 17 | Crescent Springs | $926 (±$63) |
Showing 12 of 17 places in Kenton County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Edgewood
What is the average rent in Edgewood, KY?
The Census Bureau publishes the median rather than the average: the median gross rent in Edgewood is $1,073 (±$144) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Edgewood?
In Edgewood, the median gross rent went from $1,166 in 2015–2019 to $1,073 in 2020–2024 (−8.0%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
How many rentals in Edgewood cost more than $2,000 a month?
22.6% of rented homes in Edgewood have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Edgewood higher than in Kenton County?
In Edgewood, median gross rent is not measurably different from Kenton County ($1,069).
It is not measurably different from Kentucky ($967).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Edgewood city, Kentucky
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Edgewood city, Kentucky
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Edgewood city, Kentucky
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Edgewood city, Kentucky (place:23932, in state:21).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Rent by bedrooms in Edgewood
- Renters and owners in Edgewood
- Income and affordability in Edgewood
- Home values in Edgewood
- Homeowner costs in Edgewood
- Property taxes in Edgewood
- Types of homes in Edgewood
- Bedrooms in Edgewood
- Age of homes in Edgewood
- Heating fuel in Edgewood
- Commute and cars in Edgewood
- Crime reported to police in Edgewood
- Population growth in Edgewood
- How long people stay in Edgewood
- Crowding and facilities in Edgewood
- Kentucky landlord and tenant rules
- Housing across Kenton County
- Kentucky places ranked by median rent
- Housing data for every place in Kentucky