Fort Thomas, 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 Fort Thomas, Kentucky rental market.

Fort Thomas, Kentucky

Average Apartment Rent

$1,159

Y-o-Y Change in Average
Apartment Rent

-7.6%

As of March 2026

Compared to a year ago, Fort Thomas, Kentucky apartments have recorded a -7.6% rent decrease.

Fort Thomas, 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
Fort Thomas $1,156 $1,175 $1,198 $1,260 $1,276 $1,254 $1,251 $1,241 $1,159
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Fort Thomas
National
Jul 2023
$1,156
$1,735
Nov 2023
$1,175
$1,724
Mar 2024
$1,198
$1,729
Jul 2024
$1,260
$1,750
Nov 2024
$1,276
$1,743
Mar 2025
$1,254
$1,749
Jul 2025
$1,251
$1,763
Nov 2025
$1,241
$1,749
Mar 2026
$1,159
$1,750

Fort Thomas, Kentucky Average Apartment Rent

Fort Thomas, 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 81.1%, apartments priced $1,000 - $1,500 represent the bulk of Fort Thomas, Kentucky rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 0.79%.

Fort Thomas, Kentucky Housing tenure**

Renter occupied housing units 1,803
Owner occupied housing units 4,709

Renters take up 28% of Fort Thomas, Kentucky real estate, occupying a total of 1,803 units, while homeowners live in 4,709 properties.

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

4.2

Renter median household income**

$46,061

Average household size of renter-occupied housing units**

1.62

Rental vacancy rate**

3.6%

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

No bedrooms 37
1 bed 717
2 beds 938
3 beds 69
4 beds 42

There are 938 rentals in Fort Thomas, Kentucky with 2 beds making up the highest share of the market, at 52%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 37 units. Overall, the median number of rooms in Fort Thomas, Kentucky homes for rent is 4.2.

Fort Thomas, Kentucky Renter-occupied units by age of householder**

15 - 24 years 181
25 - 34 years 661
35 - 44 years 207
45 - 54 years 348
55 - 59 years 20
60 - 64 years 99
65 - 74 years 147
75 - 84 years 49
85 years and over 91

Most condos for rent in Fort Thomas, Kentucky are occupied by residents in the 25 - 34 years age group (37%), followed by those in the 45 - 54 years age group (19%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 1%.

Fort Thomas, Kentucky Renter-occupied housing units by family type**

Family households 689
Non-Family Households 1,114

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

With related children of the householder under 18 426
No related children of the householder under 18 1,377

A total of 689 apartments for rent in Fort Thomas, Kentucky, or 38% of all rentals are family households. Additionally, 24% of rental homes include children under the age of 18 – that’s 426 units. All in all, the median size of a renter-occupied household in Fort Thomas, Kentucky is 1.62.

Fort Thomas, Kentucky Renter-occupied housing units by educational attainment**

Less than high school graduate 21
High school graduate (including equivalency) 222
Some college or associate's degree 715
Bachelor's degree or higher 845

In terms of education, renters holding bachelor degrees or higher make up 47% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Fort Thomas, Kentucky.

Fort Thomas, Kentucky Renter-occupied units by year structure built**

Built 2010 - 2019 135
Built 2000 - 2009 55
Built 1990 - 1999 222
Built 1980 - 1989 226
Built 1970 - 1979 317
Built 1960 - 1969 203
Built 1950 - 1959 420
Built 1940 - 1949 65
Built 1939 or earlier 160

The highest share of Fort Thomas, Kentucky apartment rentals, namely 23% or 420 units, were Built 1950 - 1959, followed by those Built 1970 - 1979 (18%, 317 units), and the ones Built 1980 - 1989 (13%, 226 units).

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

Moved in 2021 or later 273
Moved in 2018 to 2020 643
Moved in 2010 to 2017 790
Moved in 2000 to 2009 50
Moved in 1990 to 1999 22
Moved in 1989 or earlier 25

Median year renter moved into unit 2018

Most Fort Thomas, Kentucky renters (44%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Fort Thomas, Kentucky condos for rent is 2018.

Fort Thomas, Kentucky Renter-occupied housing units by vehicles available**

No vehicle available 173
1 vehicle available 1,105
2 vehicles available 409
3 vehicles available 68
5 or more vehicles available 48

When it comes to transportation options, 61% of Fort Thomas, Kentucky renters have 1 vehicle available per household, 23% of them have 2 vehicles available, and 10% have No vehicle available.

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

Car, truck, or van - drove alone 1,342
Car, truck, or van - carpooled 129
Public transportation (excluding taxicab) 64
Walked 43
Taxicab, motorcycle, bicycle, or other means 19
Worked at home 140

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

Same house as 1 year ago 1,948
Moved within same county 442
Moved from different county within same state 299
Moved from different state 156
Moved from abroad 46

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 Fort Thomas, 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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