What is the median rent in Nicholasville, KY?
The median gross rent in Nicholasville, KY is $1,147 (±$69) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 4,850 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Nicholasville, the median gross rent went from $792 in 2015–2019 to $1,147 in 2020–2024 (+44.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,147 (±$69)
- Rented homes
- 4,850 (±485)
- $2,000 or more
- 6.8%
- Since 2015–2019
- +44.8%
How much rent costs in Nicholasville
| Monthly gross rent | Nicholasville | Jessamine County | Kentucky | United States |
|---|---|---|---|---|
| Less than $500 | 3.8% (±2.5 points) | 3.5% | 11.4% | 6.3% |
| $500 to $999 | 34.1% (±5.9 points) | 36.6% | 42.1% | 20.2% |
| $1,000 to $1,499 | 38.4% (±6.8 points) | 38.2% | 32.5% | 28.1% |
| $1,500 to $1,999 | 16.9% (±5.0 points) | 14.5% | 10.1% | 21.1% |
| $2,000 to $2,499 | 3.4% (±2.3 points) | 3.7% | 2.6% | 12.0% |
| $2,500 to $2,999 | 1.9% (±1.9 points) | 1.7% | 0.7% | 5.5% |
| $3,000 or more | 1.5% (±2.0 points) | 1.8% | 0.7% | 6.8% |
The most common range is $1,000 to $1,499, paid by 38.4% of renting households.
6.8% of rented homes in Nicholasville cost $2,000 or more a month.
Nicholasville against Jessamine County, its state and the nation
| Nicholasville | Jessamine County | Kentucky | United States | |
|---|---|---|---|---|
| Median gross rent | $1,147 (±$69) | $1,124 (±$61) | $967 (±$5) | $1,413 |
| Rented homes paying rent | 4,850 (±485) | 6,249 (±515) | 525,744 (±5,281) | 42,849,984 |
In Nicholasville, median gross rent is not measurably different from Jessamine County ($1,124).
It is also higher than in Kentucky ($967).
It is lower than the national figure ($1,413).
Statewide, it ranks 87 of 376.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Nicholasville has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $792 (±$34) | $1,147 (±$69) | +44.8% | Up after inflation |
| Households that rent | 44.1% (±3.0 points) | 41.8% (±3.4 points) | −2.3 percentage points | Not a measurable change |
| Rental vacancy rate | 3.9% (±2.5 points) | 2.3% (±1.9 points) | −1.6 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 Nicholasville
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Nicholasville | — | $1,147 (±$69) | — |
| Wilmore | 5.4 mi | $975 (±$189) | Not measurably different |
| Lexington | 12 mi | $1,164 (±$18) | Not measurably different |
| Versailles | 14 mi | $1,160 (±$72) | Not measurably different |
| Burgin | 14 mi | $971 (±$218) | Not measurably different |
| Harrodsburg | 18 mi | $790 (±$133) | Lower |
| Richmond | 18 mi | $917 (±$27) | Lower |
| Midway | 19 mi | $976 (±$60) | Lower |
| Lancaster | 19 mi | $801 (±$71) | Lower |
Nearby places with a measurably lower figure: Harrodsburg, KY ($790), Richmond, KY ($917), Midway, KY ($976).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Nicholasville
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Nicholasville, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Nicholasville beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Nicholasville, and send estimates and invoices from your phone.
Questions about Nicholasville
What is the average rent in Nicholasville, KY?
The Census Bureau publishes the median rather than the average: the median gross rent in Nicholasville is $1,147 (±$69) 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 Nicholasville?
In Nicholasville, the median gross rent went from $792 in 2015–2019 to $1,147 in 2020–2024 (+44.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Nicholasville cost more than $2,000 a month?
6.8% of rented homes in Nicholasville have a gross rent of $2,000 or more a month, and 3.8% cost less than $500.
Is rent in Nicholasville higher than in Jessamine County?
In Nicholasville, median gross rent is not measurably different from Jessamine County ($1,124).
It is also higher than in 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 — Nicholasville city, Kentucky
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Nicholasville city, Kentucky
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Nicholasville 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 Nicholasville city, Kentucky (place:56136, 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
- Housing in Nicholasville at a glance
- Rent by bedrooms in Nicholasville
- Rent burden in Nicholasville
- Renters and owners in Nicholasville
- Income and affordability in Nicholasville
- Home values in Nicholasville
- Homeowner costs in Nicholasville
- Property taxes in Nicholasville
- Types of homes in Nicholasville
- Bedrooms in Nicholasville
- Age of homes in Nicholasville
- Vacancy rate in Nicholasville
- Heating fuel in Nicholasville
- Commute and cars in Nicholasville
- Crime reported to police in Nicholasville
- Population growth in Nicholasville
- How long people stay in Nicholasville
- Crowding and facilities in Nicholasville
- Kentucky landlord and tenant rules
- Housing across Jessamine County
- Kentucky places ranked by median rent
- Housing data for every place in Kentucky