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Rental Market Trends in Erlanger, KY

What is the average rent in Erlanger, KY?

$1,058/month

Average Rent

634 Sq Ft

Average Apartment Size

+4.7%

Increase in the Last Year

Erlanger, KY Rental Market Overview

The average rent in Erlanger, KY is $1,058 per month. This is 36% lower than the national average rent of $1,645/month, making renting in Erlanger more affordable than most cities in the US.

  • Studio apartments in Erlanger average $782 per month.
  • One-bedroom apartments in Erlanger average $1,058 per month.
  • Two-bedroom apartments in Erlanger average $1,335 per month.
  • Three-bedroom apartments in Erlanger average $1,804 or more per month.

Data Updated: June 1, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$782/month
489 Sq Ft
One Bedroom
$1,058/month
634 Sq Ft
Two Bedroom
$1,335/month
892 Sq Ft
Three Bedroom
$1,804/month
1,134 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,302/month
1,599 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Erlanger, KY?

In the past year, rent has increased by 4.7%, which averages out to $50 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Erlanger, KY
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Erlanger, KY
Percentage*
Rent Range
31% Below $700/month
23% $700 - $1,000/month
38% $1,001 - $1,500/month
8% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Erlanger, KY?

Because the average rent in Erlanger is $1,058, you’ll want to make about $3,526 per month or $42,312 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Erlanger, KY

329 Available Apartments for Rent

Search for Nearby Apartments

How does Erlanger, KY compare to other nearby cities and neighborhoods?

Use the tool below to compare Erlanger, KY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Erlanger, KY

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Fort Mitchell

    Fort Mitchell

  • Covington

    Covington

Apartment Communities in Erlanger We Think You'll Love

Velo Circleport

Velo Circleport

3341 Mineola Pike,
Erlanger, KY 41018

1-3 Beds | $1,499 - $2,420

Saratoga Apartments - STA

Saratoga Apartments - STA

3400 Queensway Dr,
Erlanger, KY 41018

2 Beds | $1,100 - $1,200

The Crest at Williams Creek

The Crest at Williams Creek

3863 Alex Ct,
Fort Wright, KY 41011

1-2 Beds | $1,175 - $1,650

The Lofts of Prospect Point

The Lofts of Prospect Point

914 Highknoll Ct,
Villa Hills, KY 41017

1-2 Beds | $1,150 - $1,720

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Frequently Asked Questions

What is the average rent in Erlanger?

The average rent in Erlanger is $1,058 per month, which is 35.7% lower than the national average of $1,645.

What is the average rent for a house in Erlanger?

The average rent for a house in Erlanger, KY is $2,302 per month.

Are rents going up or down in Erlanger?

Rents in Erlanger, KY are increasing, with prices up 4.7% year-over-year and $50 more per month.

What rent range is most common in Erlanger?

In Erlanger, KY, 38% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Kentucky Erlanger Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity