Rental market snapshot for Independence, Kentucky

Independence, Kentucky Rental Property Market Overview

The average rent for an apartment in Independence is $1,542. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -1.9% over the past year.

Independence is a city in Kenton County, Kentucky, United States. The population was 24,757 at the 2010 census. It is the county seat of Kenton County and is considered part of the Cincinnati metropolitan area.

Last Updated December 23, 2022

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Average monthly rent graph in Independence Kentucky | Cost of Living

  • The most expensive ZIP Code in Independence is 41051 with an average price of $1,845
  • The cheapest ZIP Code in Independence is 41051 with an average price of $1,495

Independence ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
141051$1,845

Live near Independence, Kentucky's Top Sights and Attractions

Memorial Park is a beautiful park located on the banks of the Ohio River. The park features a variety of amenities including a playground, picnic areas, a walking trail, and a riverfront amphitheater. The park is also home to a memorial dedicated to the victims of the September 11th terrorist attacks.

Mills Road Park is a beautiful park located in Independence, Kentucky. The park features a playground, a walking trail, a picnic area, and a pond. The pond is stocked with fish, and there is a fishing pier where visitors can fish. The park also has a basketball court and a sand volleyball court.

Richard Road Park is a local park that is perfect for a family outing. It has a playground for the kids, a picnic area, and a walking trail.

Shadybrook Park is a local park that features a playground, a walking trail, a pavilion, and a pond. The park is located in a residential neighborhood and is a popular spot for families and dog-walkers.

Banklick Woods Park is a nature park that features hiking trails, a playground, a picnic shelter, and a fishing pond. The park is located on the banks of the Ohio River and is a popular spot for bird watching.

Mills Road Park is a beautiful park located in Independence, Kentucky. The park features a playground, a walking trail, a picnic area, and a pond. The pond is stocked with fish, and there is a fishing pier where visitors can fish. The park also has a basketball court and a sand volleyball court.

Sterling Staggs Park is a beautiful park located on the banks of the Ohio River. The park features a playground, picnic pavilions, a walking trail, and a fishing pier.

Glenhurst Park is a beautiful park located in Independence, Kentucky. The park features a variety of amenities including a playground, picnic tables, a walking trail, and a pond. The park is also home to a variety of wildlife, including ducks, geese, and squirrels.

Independence, Kentucky area median rent change by ZIP Code map

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How does Independence compare to other cities in Kentucky ?

citymedian price
Oak Grove$1,150
Vine Grove$1,410
Lexington$1,340
Florence$1,675
Lexington$1,164
Louisville$1,500
Fort Thomas$1,700
La Grange$1,200

Average household income in Independence area graph - US Census

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The median household income in Independence in 2021 was $79,929. This represents a 18.2% change from 2011 when the median was $67,622.

#categorypercent
0Less than $10,0002.6%
1$10,000 to $14,9991.7%
2$15,000 to $19,9992.2%
3$20,000 to $24,9991.5%
4$25,000 to $29,9993.8%
5$30,000 to $34,9994.8%
6$35,000 to $39,9991.4%
7$40,000 to $44,9992.6%
8$45,000 to $49,9993.7%
9$50,000 to $59,9998.6%
10$60,000 to $74,99913.4%
11$75,000 to $99,99918.7%
12$100,000 to $124,99914.9%
13$125,000 to $149,9996.9%
14$150,000 to $199,9999.9%
15$200,000 or more3.4%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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