Find Homes & Apartments for Rent in Mercer County, KY

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What to Know About

Life in Mercer County & Beyond

Mercer County shares many of the great qualities that make Kentucky a desirable place to live.

Kentucky, known as the "Bluegrass State" and located in the Appalachian foothills, is famous for its horse racing industry, but there's so much more to explore. Immerse yourself in Kentucky's cultural legacy with visits to the Kentucky Derby Museum and the Muhammad Ali Center, or further your education at universities like the University of Kentucky and the University of Louisville. Growing agriculture, manufacturing, and healthcare industries support Kentucky's economy, providing residents with a wide range of job opportunities.

Kentucky has a rich and diverse landscape, ranging from rolling hills to bustling cities, offering something for everyone. Take in the scenic views of the Appalachians, hit the links for a round of golf, or even attend exciting college sports games at renowned local universities. In addition, immerse yourself in famous attractions like Churchill Downs, the Kentucky Horse Park, Mammoth Cave National Park, the Kentucky Bourbon Trail, and the historic city of Lexington.

Kentucky offers a high quality of life, a strong economy, and a beautiful natural environment, making it a great place to live. The state's friendly and welcoming atmosphere will make you feel at home, and its unique blend of urban and rural living creates a unique sense of balance.

Rental Market Trends

Mercer County, KY

As of April 2025, Mercer County's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Mercer County's average rent is 38.1% ($480) lower than the Kentucky average of $1,261 and 56.3% ($1,007) lower than the U.S. average of $1,788.

Average Rent
$781
Monthly ChangeMonth Over Month Change
Decreased1.6% ($13)
Yearly ChangeYear Over Year Change
Decreased9.4% ($81)
Avg. Days on MarketAverage Days on Market
31
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $697 Decreased0.3% ($2) Increased3.9% ($26)
2 Beds $819 Decreased2.5% ($21) Decreased2.6% ($22)
3 Beds $992 Increased2.6% ($25) Increased2.4% ($23)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Mercer County Rental Market FAQs

Explore rental prices, market trends, and availability in Mercer County, KY.

The average rent in Mercer County, KY is $781 per month.
Homes in Mercer County typically rent for between $600 and $1,290 per month, with an average of $781 per month.
In Mercer County, the average rent for a 1-bedroom home is $697 per month, for a 2-bedroom home, $819 per month, and a 3-bedroom home is $992 per month.
The average rent in Mercer County is 56.3% ($1,007) lower than the national average of $1,788 per month.
The average rent in Mercer County has decreased by 1.6% ($13) in the last month and decreased by 9.4% ($81) over the past year.
The rental market in Mercer County, KY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Mercer County, KY, the average rental stays on the market for approximately 31 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 7 rental properties available in Mercer County, KY.
Based on the current averages, a household would need an annual income of $32,760 to comfortably afford a 2-bedroom home in Mercer County.
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