Elizabethtown, 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 Elizabethtown, Kentucky rental market.
Elizabethtown, Kentucky
Average Apartment Rent
$1,164
Y-o-Y Change in Average
Apartment Rent
9.1%
As of November 2024
Compared to a year ago, Elizabethtown, Kentucky apartments have recorded a 9.1% rent increase.
Elizabethtown, Kentucky Average apartment rent trend
Elizabethtown, Kentucky Average Apartment Rent
Elizabethtown, Kentucky Apartment rent ranges
At 73.8%, apartments priced $1,000 - $1,500 represent the bulk of Elizabethtown, Kentucky rentals, while condos priced Over $2,000 hold the lowest share of the market – 0.17%.
Elizabethtown, Kentucky Housing tenure**
Renters take up 52% of Elizabethtown, Kentucky real estate, occupying a total of 6,958 units, while homeowners live in 6,505 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$42,026
Average household size of renter-occupied housing units**
2.04
Rental vacancy rate**
5.9%
Elizabethtown, Kentucky Renter-occupied housing units by no. of bedrooms**
There are 3,167 rentals in Elizabethtown, Kentucky with 2 beds making up the highest share of the market, at 46%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 64 units. Overall, the median number of rooms in Elizabethtown, Kentucky homes for rent is 4.1.
Elizabethtown, Kentucky Renter-occupied units by age of householder**
Most condos for rent in Elizabethtown, Kentucky are occupied by residents in the 25 - 34 years age group (27%), followed by those in the 35 - 44 years age group (17%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 5%.
Elizabethtown, Kentucky Renter-occupied housing units by family type**
Elizabethtown, Kentucky Renter-occupied housing units by the presence of own children**
A total of 2,941 apartments for rent in Elizabethtown, Kentucky, or 42% of all rentals are family households. Additionally, 25% of rental homes include children under the age of 18 – that’s 1,749 units. All in all, the median size of a renter-occupied household in Elizabethtown, Kentucky is 2.04.
Elizabethtown, Kentucky Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 15% of the rental market. In contrast, residents with less than a high school degree reside in 8% of the homes for rent in Elizabethtown, Kentucky.
Elizabethtown, Kentucky Renter-occupied units by year structure built**
The highest share of Elizabethtown, Kentucky apartment rentals, namely 19% or 1,328 units, were Built 1990 - 1999, followed by those Built 2010 - 2019 (17%, 1,213 units), and the ones Built 2000 - 2009 (15%, 1,071 units).
Elizabethtown, Kentucky Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Elizabethtown, Kentucky renters (48%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Elizabethtown, Kentucky condos for rent is 2017.
Elizabethtown, Kentucky Renter-occupied housing units by vehicles available**
When it comes to transportation options, 45% of Elizabethtown, Kentucky renters have 1 vehicle available per household, 24% of them have 2 vehicles available, and 22% have No vehicle available.
Elizabethtown, Kentucky Means of transportation to work of householders living in renter-occupied housing units**
Elizabethtown, Kentucky Geographical mobility in the past year for householders living in renter-occupied housing units**
Elizabethtown, 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 Elizabethtown, 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
