Cold Spring, Kentucky Rental Market Trends
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 Cold Spring, Kentucky rental market.
Cold Spring, Kentucky
Average Apartment Rent
$1,429
Y-o-Y Change in Average
Apartment Rent
5.3%
As of July 2024
Compared to a year ago, Cold Spring, Kentucky apartments have recorded a 5.3% rent increase.
Cold Spring, Kentucky Average apartment rent trend
Cold Spring, Kentucky Average Apartment Rent
Cold Spring, Kentucky Apartment rent ranges
At 56.93%, apartments priced $1,000 - $1,500 represent the bulk of Cold Spring, Kentucky rentals, while condos priced $700 - $1000 hold the lowest share of the market – 4.26%.
Cold Spring, Kentucky Housing tenure**
Renters take up 12% of Cold Spring, Kentucky real estate, occupying a total of 337 units, while homeowners live in 2,450 properties.
Median number of rooms of renter-occupied housing units**
4.7
Renter median household income**
$45,436
Average household size of renter-occupied housing units**
2.05
Cold Spring, Kentucky Renter-occupied housing units by no. of bedrooms**
There are 255 rentals in Cold Spring, Kentucky with 2 beds making up the highest share of the market, at 76%. Units with 1 bed, on the other hand, hold the lowest percentage (5%), amounting to 16 units. Overall, the median number of rooms in Cold Spring, Kentucky homes for rent is 4.7.
Cold Spring, Kentucky Renter-occupied units by age of householder**
Most condos for rent in Cold Spring, Kentucky are occupied by residents in the 60 - 64 years age group (40%), followed by those in the 35 - 44 years age group (14%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 4%.
Cold Spring, Kentucky Renter-occupied housing units by family type**
Cold Spring, Kentucky Renter-occupied housing units by the presence of own children**
A total of 229 apartments for rent in Cold Spring, Kentucky, or 68% of all rentals are family households. Additionally, 19% of rental homes include children under the age of 18 – that’s 65 units. All in all, the median size of a renter-occupied household in Cold Spring, Kentucky is 2.05.
Cold Spring, Kentucky Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 19% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Cold Spring, Kentucky.
Cold Spring, Kentucky Renter-occupied units by year structure built**
The highest share of Cold Spring, Kentucky apartment rentals, namely 62% or 210 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (16%, 53 units), and the ones Built 1980 - 1989 (9%, 31 units).
Cold Spring, Kentucky Renter-occupied units by year householder moved in**
Median year renter moved into unit 2015
Most Cold Spring, Kentucky renters (39%) moved in 2010 to 2017, while only 3% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Cold Spring, Kentucky condos for rent is 2015.
Cold Spring, Kentucky Renter-occupied housing units by vehicles available**
When it comes to transportation options, 53% of Cold Spring, Kentucky renters have 1 vehicle available per household, 31% of them have 2 vehicles available, and 11% have No vehicle available.
Cold Spring, Kentucky Means of transportation to work of householders living in renter-occupied housing units**
Cold Spring, Kentucky Geographical mobility in the past year for householders living in renter-occupied housing units**
Cold Spring, Kentucky Average apartment rent by zip codes
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 Cold Spring, 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
