Rentometer, Inc. | Data as of 10/22/2025
St. Matthews, Kentucky, offers a vibrant and well‑balanced rental market that appeals to professionals, families, and students alike. Situated just south of downtown Louisville, the city enjoys easy access to major thoroughfares such as I‑264 and Baxter Avenue, making commutes and weekend outings convenient. Residents cherish the leafy streets, boutique shopping on Shelbyville Road, and cultural attractions like the historic St. Matthews Historical Museum and the nearby River Park Place. These amenities, combined with a strong sense of community, create an appealing backdrop for a variety of housing options.
The rental inventory in St. Matthews spans modern apartments and spacious single‑family homes. Studio and one‑bedroom apartments typically rent in the $1200 range, while larger two‑ and three‑bedroom units often command rates in the $1300‑$1600 brackets, reflecting the area’s blend of convenience and quality. For those seeking more room, two‑bedroom houses are generally found around the $1800 range, and larger family homes with three or more bedrooms frequently rent in the $2100‑$2600 range. Neighborhoods such as Miller's Hill and the Oakdale area provide a mix of quiet streets and easy access to parks, schools, and dining options, making St. Matthews a desirable destination for renters looking for both comfort and connectivity.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,276 | $1,115 | $950 - $1,763 | $950 - $1,763 |
| Apartment | 1 Bedroom | $1,065 | $1,002 | $650 - $1,529 | $976 - $1,150 |
| Apartment | 2 Bedroom | $1,273 | $1,213 | $780 - $1,700 | $1,183 - $1,492 |
| Apartment | 3 Bedroom | $1,617 | $1,600 | $1,219 - $1,986 | $1,529 - $1,739 |
| House | 2 Bedroom | $1,816 | $1,797 | $1,100 - $2,500 | $1,550 - $2,300 |
| House | 3 Bedroom | $2,162 | $2,047 | $1,200 - $3,250 | $1,800 - $2,500 |
| House | 4+ Bedroom | $2,633 | $2,497 | $1,650 - $3,600 | $2,400 - $3,575 |
In the current period, the average rent in St. Matthews was $1,276 for Studio, $1,065 for 1 Bedroom, $1,477 for 2 Bedroom, $2,042 for 3 Bedroom, and $2,343 for 4+ Bedroom.
Data provided by Rentometer, Inc.