Burlington, Kentucky Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Burlington, Kentucky rental market.

Burlington, Kentucky

Average Apartment Rent

$1,471

Y-o-Y Change in Average
Apartment Rent

0.6%

As of March 2026

Compared to a year ago, Burlington, Kentucky apartments have recorded a 0.6% rent increase.

Burlington, Kentucky Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Burlington $1,341 $1,374 $1,410 $1,405 $1,444 $1,462 $1,482 $1,460 $1,471
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Burlington
National
Jul 2023
$1,341
$1,735
Nov 2023
$1,374
$1,724
Mar 2024
$1,410
$1,729
Jul 2024
$1,405
$1,750
Nov 2024
$1,444
$1,743
Mar 2025
$1,462
$1,749
Jul 2025
$1,482
$1,763
Nov 2025
$1,460
$1,749
Mar 2026
$1,471
$1,750

Burlington, Kentucky Average Apartment Rent

Burlington, Kentucky Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 62.88%, apartments priced $1,000 - $1,500 represent the bulk of Burlington, Kentucky rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.81%.

Burlington, Kentucky Housing tenure**

Renter occupied housing units 1,399
Owner occupied housing units 5,128

Renters take up 21% of Burlington, Kentucky real estate, occupying a total of 1,399 units, while homeowners live in 5,128 properties.

Median number of rooms of renter-occupied housing units**

4.4

Renter median household income**

$74,173

Average household size of renter-occupied housing units**

1.99

Rental vacancy rate**

3.5%

Burlington, Kentucky Renter-occupied housing units by no. of bedrooms**

No bedrooms 8
1 bed 331
2 beds 540
3 beds 323
5 or more beds 192

There are 540 rentals in Burlington, Kentucky with 2 beds making up the highest share of the market, at 39%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 8 units. Overall, the median number of rooms in Burlington, Kentucky homes for rent is 4.4.

Burlington, Kentucky Renter-occupied units by age of householder**

15 - 24 years 50
25 - 34 years 377
35 - 44 years 205
45 - 54 years 278
55 - 59 years 120
65 - 74 years 252
75 - 84 years 113

Most condos for rent in Burlington, Kentucky are occupied by residents in the 25 - 34 years age group (27%), followed by those in the 45 - 54 years age group (20%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.

Burlington, Kentucky Renter-occupied housing units by family type**

Family households 692
Non-Family Households 707

Burlington, Kentucky Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 233
No related children of the householder under 18 1,166

A total of 692 apartments for rent in Burlington, Kentucky, or 49% of all rentals are family households. Additionally, 17% of rental homes include children under the age of 18 – that’s 233 units. All in all, the median size of a renter-occupied household in Burlington, Kentucky is 1.99.

Burlington, Kentucky Renter-occupied housing units by educational attainment**

Less than high school graduate 80
High school graduate (including equivalency) 482
Some college or associate's degree 323
Bachelor's degree or higher 514

In terms of education, renters holding bachelor degrees or higher make up 37% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Burlington, Kentucky.

Burlington, Kentucky Renter-occupied units by year structure built**

Built 2010 - 2019 143
Built 2000 - 2009 301
Built 1990 - 1999 480
Built 1980 - 1989 130
Built 1970 - 1979 254
Built 1960 - 1969 47
Built 1950 - 1959 7
Built 1939 or earlier 37

The highest share of Burlington, Kentucky apartment rentals, namely 34% or 480 units, were Built 1990 - 1999, followed by those Built 2000 - 2009 (22%, 301 units), and the ones Built 1970 - 1979 (18%, 254 units).

Burlington, Kentucky Renter-occupied units by year householder moved in**

Moved in 2021 or later 109
Moved in 2018 to 2020 533
Moved in 2010 to 2017 712
Moved in 2000 to 2009 38
Moved in 1989 or earlier 7

Median year renter moved into unit 2017

Most Burlington, Kentucky renters (51%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Burlington, Kentucky condos for rent is 2017.

Burlington, Kentucky Renter-occupied housing units by vehicles available**

No vehicle available 13
1 vehicle available 733
2 vehicles available 413
3 or more vehicles available 240

When it comes to transportation options, 52% of Burlington, Kentucky renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 17% have 3 or more vehicles available.

Burlington, Kentucky Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 1,257
Car, truck, or van - carpooled 159
Walked 15
Taxicab, motorcycle, bicycle, or other means 139
Worked at home 144

Burlington, Kentucky Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 2,035
Moved within same county 276
Moved from different county within same state 109
Moved from different state 176
Moved from abroad 129

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Burlington, Kentucky apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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