Middletown, 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 Middletown, Kentucky rental market.

Middletown, Kentucky

Average Apartment Rent

$1,584

Y-o-Y Change in Average
Apartment Rent

2.2%

As of March 2026

Compared to a year ago, Middletown, Kentucky apartments have recorded a 2.2% rent increase.

Middletown, 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
Middletown $1,471 $1,481 $1,509 $1,542 $1,550 $1,537 $1,568 $1,558 $1,584
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Middletown
National
Jul 2023
$1,471
$1,735
Nov 2023
$1,481
$1,724
Mar 2024
$1,509
$1,729
Jul 2024
$1,542
$1,750
Nov 2024
$1,550
$1,743
Mar 2025
$1,537
$1,749
Jul 2025
$1,568
$1,763
Nov 2025
$1,558
$1,749
Mar 2026
$1,584
$1,750

Middletown, Kentucky Average Apartment Rent

Middletown, 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 46.52%, apartments priced $1,500 - $2,000 represent the bulk of Middletown, Kentucky rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 1.17%.

Middletown, Kentucky Housing tenure**

Renter occupied housing units 1,570
Owner occupied housing units 2,737

Renters take up 36% of Middletown, Kentucky real estate, occupying a total of 1,570 units, while homeowners live in 2,737 properties.

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

3.6

Renter median household income**

$54,000

Average household size of renter-occupied housing units**

1.71

Rental vacancy rate**

5.7%

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

No bedrooms 171
1 bed 405
2 beds 870
3 beds 76
4 beds 34
5 or more beds 14

There are 870 rentals in Middletown, Kentucky with 2 beds making up the highest share of the market, at 55%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 14 units. Overall, the median number of rooms in Middletown, Kentucky homes for rent is 3.6.

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

15 - 24 years 60
25 - 34 years 404
35 - 44 years 184
45 - 54 years 322
55 - 59 years 95
60 - 64 years 101
65 - 74 years 102
75 - 84 years 132
85 years and over 170

Most condos for rent in Middletown, Kentucky are occupied by residents in the 25 - 34 years age group (26%), followed by those in the 45 - 54 years age group (21%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.

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

Family households 658
Non-Family Households 912

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

With related children of the householder under 18 200
No related children of the householder under 18 1,370

A total of 658 apartments for rent in Middletown, Kentucky, or 42% of all rentals are family households. Additionally, 13% of rental homes include children under the age of 18 – that’s 200 units. All in all, the median size of a renter-occupied household in Middletown, Kentucky is 1.71.

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

Less than high school graduate 86
High school graduate (including equivalency) 322
Some college or associate's degree 432
Bachelor's degree or higher 730

In terms of education, renters holding bachelor degrees or higher make up 46% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Middletown, Kentucky.

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

Built 2020 or later 56
Built 2010 - 2019 715
Built 2000 - 2009 219
Built 1990 - 1999 120
Built 1980 - 1989 110
Built 1970 - 1979 263
Built 1960 - 1969 46
Built 1950 - 1959 13
Built 1939 or earlier 25

The highest share of Middletown, Kentucky apartment rentals, namely 46% or 715 units, were Built 2010 - 2019, followed by those Built 1970 - 1979 (17%, 263 units), and the ones Built 2000 - 2009 (14%, 219 units).

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

Moved in 2021 or later 283
Moved in 2018 to 2020 733
Moved in 2010 to 2017 513
Moved in 2000 to 2009 24
Moved in 1989 or earlier 14

Median year renter moved into unit 2019

Most Middletown, Kentucky renters (47%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Middletown, Kentucky condos for rent is 2019.

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

No vehicle available 470
1 vehicle available 450
2 vehicles available 593
3 vehicles available 39
4 or more vehicles available 18

When it comes to transportation options, 38% of Middletown, Kentucky renters have 2 vehicles available per household, 30% of them have No vehicle available, and 29% have 1 vehicle available.

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

Car, truck, or van - drove alone 895
Car, truck, or van - carpooled 62
Walked 164
Taxicab, motorcycle, bicycle, or other means 11
Worked at home 195

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

Same house as 1 year ago 1,667
Moved within same county 703
Moved from different county within same state 113
Moved from different state 196

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 Middletown, 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

Check out rentals available in Middletown, Kentucky