Rental market snapshot for Independence, Kentucky

Independence, Kentucky Rental Property Market Overview

Independence, Kentucky is a small city located in Kenton County with a population of 28,920 as of 2021, according to the US Census. It is a suburb of Cincinnati and is known for its historic downtown area, which features a variety of shops and restaurants. The city is also home to several parks and recreational facilities, including the Independence Nature Park and the Independence Aquatic Center. Independence is a great place to live, work, and play, and its population continues to grow.

The average rent for an apartment in Independence is $1,849. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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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 $1,802.
  • The cheapest ZIP code in Independence is 41051 with an average price of $1,802.

Independence ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
141051$1,802

Live near Independence, Kentucky's Top Sights and Attractions

Memorial Park is a large outdoor recreational area located in Independence, Kentucky. It features a variety of activities, including a playground, walking trails, a fishing pond, and a picnic area. The park also has a memorial dedicated to the veterans of the area, as well as a memorial to the victims of the 9/11 attacks. The park is a great place to spend the day with friends and family, and it is a popular destination for visitors to the area.

Mills Road Park is a scenic outdoor destination located in a quiet residential area. It features a large pond, walking trails, and a playground. The park also has a picnic area with tables and grills, as well as a basketball court and a baseball field. The pond is stocked with fish, making it a popular spot for fishing. The park is a great place to spend a day outdoors, enjoying the fresh air and natural beauty.

Richard Road Park is a large outdoor recreational area located in Independence, Kentucky. It features a variety of amenities, including a playground, picnic areas, walking trails, and a large lake. The lake is stocked with fish, and visitors can rent boats, canoes, and kayaks to explore the lake. The park also has a disc golf course, a sand volleyball court, and a basketball court. There is also a pavilion available for rent for special events. The park is open year-round and is a popular destination for families and outdoor enthusiasts.

Shadybrook Park is a large outdoor recreation area located in a rural setting. It features a variety of activities, including a large lake with a beach, a playground, a picnic area, and a walking trail. There are also several sports fields, including baseball and softball diamonds, a basketball court, and a volleyball court. The park also offers a variety of amenities, such as restrooms, a concession stand, and a pavilion. The park is a great place to spend a day outdoors with family and friends, or to just relax and enjoy the scenery.

Banklick Woods Park is a scenic outdoor destination located in Independence, Kentucky. It features a variety of recreational activities, including hiking trails, a fishing lake, picnic areas, and a playground. The park also has a disc golf course, a nature center, and a campground. Visitors can explore the park's natural beauty and observe wildlife in its diverse habitats. The park is a great place to spend a day outdoors, with plenty of activities for all ages.

Mills Road Park is a scenic outdoor destination located in a quiet residential area. It features a large pond, walking trails, and a playground. The park also has a picnic area with tables and grills, as well as a basketball court and a baseball field. The pond is stocked with fish, making it a popular spot for fishing. The park is a great place to spend a day outdoors, enjoying the fresh air and natural beauty.

Sterling Staggs Park is a beautiful outdoor attraction located in Independence, Kentucky. It features a large lake, a playground, picnic areas, and a walking trail. The lake is stocked with fish, making it a great spot for fishing. The playground includes swings, slides, and other fun activities for children. The picnic areas provide a great place to relax and enjoy a meal with friends and family. The walking trail is a great way to get some exercise and take in the natural beauty of the park.

Glenhurst Park is a beautiful outdoor destination located in Independence, Kentucky. It features a large lake, walking trails, and a variety of outdoor activities. Visitors can enjoy fishing, boating, and picnicking in the park. There are also several playgrounds and a disc golf course. The park also features a pavilion, a gazebo, and a picnic shelter. The park is a great place to spend a day outdoors with family and friends.

Lincoln Ridge Park is a beautiful outdoor recreation area located in the rolling hills of Kentucky. It features a variety of activities for visitors to enjoy, including a large lake, walking trails, picnic areas, playgrounds, and a disc golf course. The park also has a variety of wildlife, including deer, wild turkeys, and other small animals. The park is a great place to spend the day with family and friends, and is a popular spot for fishing, swimming, and camping.

Independence Park is a large outdoor recreational area located in a small town. It features a variety of activities and amenities, including a large lake, a playground, a walking trail, a picnic area, and a disc golf course. The park also has a variety of wildlife, including ducks, geese, and other birds. The park is a great place to spend the day with family and friends, and it is a popular spot for fishing, swimming, and other outdoor activities.

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
Florence$1,825
Jeffersontown$1,440
Vine Grove$1,250
Bellevue$1,150
Hopkinsville$825
Frankfort$770

Average household income in Independence area graph - US Census

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The median household income in Independence in 2021 was $82,846. This represents a 25.1% change from 2011 when the median was $66,206.

#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%

Neighborhoods in Independence

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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.

As of February , the average rent in Independence is $1,849.
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