The Reserves at Meadow Wood
2513-2517 Woodhill Dr,
Fort Mitchell, KY 41017
1-2 Beds | $1,295 - 1,375
Rental Market Trends in Fort Mitchell, KY
What is the average rent in Fort Mitchell, KY?
$908/month
Average Rent
674 Sq Ft
Average Apartment Size
+3.9%
Increase in the Last Year
As of November 2024, the average rent in Fort Mitchell, KY is $908 per month. This is 42% lower than the national average rent of $1,559/month, making renting in Fort Mitchell more affordable than most cities in the US. When you rent an apartment in Fort Mitchell, you can expect to pay about per month for a studio, $908 for a one-bedroom apartment, and around $1,068 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,549 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average 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 Fort Mitchell, KY?
In the past year, rent has increased by 3.9%, which averages out to $36 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 November 2024
Legend
2023
2024
Rent Ranges in Fort Mitchell, KY
Last Updated November 2024
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
12%
Below $700/month
50%
$700 - $1,000/month
38%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Fort Mitchell, KY?
Because the average rent in Fort Mitchell is $908, you’ll want to make about $3,026 per month or $36,312 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.
How does Fort Mitchell, KY compare to other nearby cities and neighborhoods?
Use the tool below to compare Fort Mitchell, 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.
Nearby City Rent Trends
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Methodology
† 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.
* Percentages may not total 100 due to rounding.