Average Rent in Owensboro, KY (2026)
The average 1-bedroom rent in Owensboro, KY is $849/month as of 2026, based on HUD data across 7 ZIP codes. Rents have changed +1.1% year over year. Rents range from $780 to $900.
Average Rent · 1-Bedroom
$849/mo
Source: HUD Fair Market Rent · 7 zip codes
Year-over-Year
↑ +1.1%
Source: HUD Fair Market Rent
Data through
The average 1-bedroom rent in Owensboro, KY is $849/month according to HUD FY2026 Fair Market Rent data, covering 7 ZIP codes. Rents have increased 1.1% year-over-year. The average 1-bedroom rent in Owensboro is 29% below the national average of $1,196/month.
Average rent in Owensboro, KY ranges from $780 to $900 across 7 ZIP codes.
Based on HUD Fair Market Rent, a fair rent increase in Owensboro, KY is approximately 1.1% for 2026. An increase above 1.1% exceeds the local market trend and may be worth negotiating.
Key Facts
Sources: HUD Fair Market Rent, HUD SAFMR, Rentcast. Updated October 2025.
Market trend data is limited for this area. The analysis below uses federal rent benchmarks.
How much is rent in Owensboro, KY?
The average 1-bedroom rent in Owensboro, KY is $849/month as of 2026, based on HUD data across 7 ZIP codes. Rents range from $780 to $900 depending on neighborhood — a $120/month spread. To afford this at the 30% rule, a household would need approximately $33,960/year.
Is rent going up in Owensboro?
Rents in Owensboro have increased 1.1% year over year based on HUD Fair Market Rent. This suggests a relatively stable rental market.
What is a fair rent increase in Owensboro?
Based on HUD Fair Market Rent, a rent increase around 1.1% is in line with the Owensboro market for 2026. An increase above that level exceeds the local trend and may be worth pushing back on. Check your specific increase with RenewalReply's free rent analysis tool.
What Should Rent Cost in Owensboro?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in Owensboro typically rents for $844 – $912.
Rents above $1,049 are in the top 25% for this area.
A 1-bedroom in Owensboro typically rents for $849 – $917.
Rents above $1,055 are in the top 25% for this area.
A 2-bedroom in Owensboro typically rents for $1,114 – $1,203.
Rents above $1,383 are in the top 25% for this area.
A 3-bedroom in Owensboro typically rents for $1,474 – $1,592.
Rents above $1,831 are in the top 25% for this area.
A 4-bedroom in Owensboro typically rents for $1,474 – $1,592.
Rents above $1,831 are in the top 25% for this area.
Federal Rent Benchmarks for Owensboro
HUD Fair Market Rents are federal rent benchmarks published annually by HUD. They provide a consistent baseline for comparing rents across areas.
Studio
$844
HUD Fair Market Rent
1-Bedroom
$849
HUD Fair Market Rent
2-Bedroom
$1,114
HUD Fair Market Rent
3-Bedroom
$1,474
HUD Fair Market Rent
4-Bedroom
$1,474
HUD Fair Market Rent
Source: HUD SAFMR FY2026 · Updated
Zip Codes in Owensboro
Click any zip code for detailed rent data including zip-specific SAFMR rates, nearby comparables, and a free rent increase check.
SAFMR rates are zip-specific.
How Does Owensboro Compare?
Questions about rent in Owensboro
What is the average 1-bedroom rent in Owensboro, KY?
The average 1-bedroom fair market rent in Owensboro, KY is $849/month as of 2026, based on HUD rent data across 7 ZIP codes in the city. This is 29% below the national average of $1,196/month. Rents range from $780 to $900 depending on ZIP code.
What is a fair rent increase in Owensboro?
A rent increase up to about 1.1% is broadly in line with the recent market trend in Owensboro. Increases above that level are above trend and should be tested against neighborhood-level pricing and comparable rentals. The current average 1-BR rent is $849/month.
Are rents going up or down in Owensboro?
Rents in Owensboro have increased 1.1% year over year based on HUD Fair Market Rent. This reflects local market conditions across 7 ZIP codes in the Owensboro, KY MSA area.
How much do rents vary across Owensboro?
1-bedroom rents across Owensboro range from $780 to $900 on this page, a $120/month spread. This shows that rent can vary materially across ZIP codes within the same city, reflecting neighborhood-level differences in housing stock and demand.
Can my landlord raise my rent in Owensboro?
We could not identify a city-specific rent cap for Owensboro. Landlords must still follow applicable state and local notice rules before raising rent at lease renewal. Requirements vary — check your state's landlord-tenant statute for specifics on notice periods and timing.
How much should I spend on rent in Owensboro?
The general guideline is to spend no more than 30% of your gross income on rent. With average 1-bedroom rent in Owensboro at $849/month, a household would need approximately $33,960/year in gross income to afford this comfortably. Many renters in high-cost areas spend above this threshold — our free tool can help you assess whether your specific rent is fair for your ZIP code.
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Renter Tools
Browse Owensboro ZIP Codes
See rent data by ZIP code in this city.
Renter Guides
- How to Negotiate a Rent Increase →
A data-driven guide with free email templates for pushing back on your landlord.
- Rent Increase Laws in Kentucky →
See notice rules, caps, and tenant protections in Kentucky.
- What Should I Pay for Rent? →
How to compare rent prices and know if you're getting a fair deal.
Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →