La Grange City, 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 La Grange City, Kentucky rental market.
La Grange City, Kentucky
Average Apartment Rent
$1,356
Y-o-Y Change in Average
Apartment Rent
15.1%
As of November 2024
Compared to a year ago, La Grange City, Kentucky apartments have recorded a 15.1% rent increase.
La Grange City, Kentucky Average apartment rent trend
La Grange City, Kentucky Average Apartment Rent
La Grange City, Kentucky Apartment rent ranges
At 80.15%, apartments priced $1,000 - $1,500 represent the bulk of La Grange City, Kentucky rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 19.85%.
La Grange City, Kentucky Housing tenure**
Renters take up 31% of La Grange City, Kentucky real estate, occupying a total of 1,154 units, while homeowners live in 2,530 properties.
Median number of rooms of renter-occupied housing units**
4.8
Renter median household income**
$45,182
Average household size of renter-occupied housing units**
2.27
Rental vacancy rate**
7.9%
La Grange City, Kentucky Renter-occupied housing units by no. of bedrooms**
There are 531 rentals in La Grange City, Kentucky with 2 beds making up the highest share of the market, at 46%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 11 units. Overall, the median number of rooms in La Grange City, Kentucky homes for rent is 4.8.
La Grange City, Kentucky Renter-occupied units by age of householder**
Most condos for rent in La Grange City, Kentucky are occupied by residents in the 35 - 44 years age group (24%), followed by those in the 15 - 24 years age group (20%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
La Grange City, Kentucky Renter-occupied housing units by family type**
La Grange City, Kentucky Renter-occupied housing units by the presence of own children**
A total of 567 apartments for rent in La Grange City, Kentucky, or 49% of all rentals are family households. Additionally, 35% of rental homes include children under the age of 18 – that’s 399 units. All in all, the median size of a renter-occupied household in La Grange City, Kentucky is 2.27.
La Grange City, Kentucky Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 26% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in La Grange City, Kentucky.
La Grange City, Kentucky Renter-occupied units by year structure built**
The highest share of La Grange City, Kentucky apartment rentals, namely 25% or 287 units, were Built 2010 - 2019, followed by those Built 1990 - 1999 (22%, 256 units), and the ones Built 2000 - 2009 (18%, 213 units).
La Grange City, Kentucky Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most La Grange City, Kentucky renters (54%) moved in 2010 to 2017, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their La Grange City, Kentucky condos for rent is 2016.
La Grange City, Kentucky Renter-occupied housing units by vehicles available**
When it comes to transportation options, 61% of La Grange City, Kentucky renters have 1 vehicle available per household, 22% of them have 2 vehicles available, and 12% have 3 vehicles available.
La Grange City, Kentucky Means of transportation to work of householders living in renter-occupied housing units**
La Grange City, Kentucky Geographical mobility in the past year for householders living in renter-occupied housing units**
La Grange City, 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 La Grange City, 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
